Reddit co-founder resigns from board, urges company to fill seat with black candidate

Alexis Ohanian said he also intends to use future earnings on Reddit stock to serve the black community and pledged to donate $1 million to Colin Kaepernick’s Know Your Rights Camp.

JCPenney shutting down 154 stores after coronavirus-driven bankruptcy

Nearly three weeks after JCPenney filed for Chapter 11 bankruptcy, the company has announced it will close down 154 stores nationwide in 38 states as a first step in reorganizing the business.

Mortgage relief options — refinance or loan modification?

If you want to save money on your mortgage, find out if a refinance or loan modification is a good option for you.

Cinema chain AMC warns it may not survive the pandemic

Movie theater chain AMC warned Wednesday that it may not survive the coronavirus pandemic, which has shuttered its theaters and led film studios to explore releasing more movies directly to viewers over the internet.

Amazon says most of its pandemic hires can remain as full-time employees

Amazon will convert 125,000 of the 175,000 temporary roles hired since March to permanent jobs if employees would like to stay at Amazon long term.

Stocks soar on reopening optimism

U.S. equity markets surged to their best levels in months as states continued to reopen and as traders returned to the New York Stock Exchange for the first time since shutting down on March 23 to slow the spread of COVID-19.

4 mortgage refinancing mistakes that can cost you money

With mortgages rates in decline, millions of Americans are mulling over a mortgage refinancing deal. When the light turns “green”, avoid these mortgage refinancing mistakes