Business

IronHeart/Getty Images (NEW YORK) — A major set of changes to the rules for retirement finances took effect this year, but many people may not have noticed. The rules were buried within a 4,000-page long, $1.7 trillion spending measure signed by President Joe Biden in December. The batch of changes, called Secure Act 2.0, affords […]

Jakub Porzycki/NurPhoto via Getty Images (MOUNTAIN VIEW, Calif.) — If you ever needed artificial intelligence’s help to plan a friend’s baby shower, your time has come, as Google officially unveiled an AI program it’s calling Bard, seemingly its answer to the viral ChatGPT. Google CEO Sundar Pichai announced Bard on the company’s blog Monday, calling it […]

Gary Hershorn/Getty Images (NEW YORK) — United Airlines is facing a possible $1.15 million fine after allegedly conducting flights with planes that hadn’t undergone a certain safety check, federal regulators said, though United called the check “redundant” given other systems. The Federal Aviation Administration (FAA) proposed the fine on Monday and said that from June […]

Namthip Muanthongthae/Getty Images (NEW YORK) — FTX’s new chief executive told a bankruptcy court Monday there is “a danger” to authorizing an independent investigation of the crypto exchange’s collapse. John Ray said he had no use for prior court-supervised investigations into other companies he steered through bankruptcy. “Neither in Enron nor in Residential Capital did […]

ABC News (NEW YORK) — Treasury Secretary Janet Yellen rejected recession fears in an interview with ABC News’ Good Morning America on Monday, saying the economy remains “strong and resilient.” A blockbuster jobs report last week showed that the economy added 517,000 jobs in January, dropping the unemployment rate to a near-historic low. “You don’t […]

Carol Yepes/Getty Images (NEW YORK) — The job market is booming despite high-profile layoffs at companies like Amazon, Microsoft, Twitter and Goldman Sachs. The economy added a staggering 517,000 jobs in January, more than double the employment growth a month prior and well above the breakneck pace of some 400,000 monthly jobs added on average […]

ABC News (NEW YORK) — Nearly two years ago in June 2021, mom Fran Humphreys got a phone call at work that no parent wants to receive. “I was called at work and came home to the chaos and the grief,” the nurse recalled to ABC News’ Good Morning America. Fran Humphreys was told that […]

Douglas Sacha/Getty Images (WASHINGTON) — U.S. employers added 517,000 jobs to their payrolls in January, the latest figures released Friday by the Labor Department show. The number of jobs added far exceeded what economists had expected and is more than double the amount added in December — 223,000. The biggest gains in employment last month […]

Tetra Images/Getty Images (NEW YORK) — When Karissa Warren lost her job as a kitchen manager in December, she worried about how she and her husband would continue to pay off over $10,000 in credit card debt they had accumulated during previous financial rough patches. Worsening the problem, high inflation had hiked the couple’s everyday […]

Ben Hasty/MediaNews Group/Reading Eagle via Getty Images (NEW YORK) — Ira “Bob” Born, known lovingly as the “Father of Peeps,” the famed marshmallow candies, has died at 98. Just Born Quality Confections announced Wednesday that Born, who was the son of the company’s founder Sam Born, “passed away peacefully on the morning of January 29.” […]