Business
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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.” […]
5./15 WEST/Getty Images (WASHINGTON) — The push on Capitol Hill to rein in China-owned social media network TikTok has set its sights on tech giants Apple and Google. Sen. Michael Bennet, D-CO, sent a letter to Apple CEO Tim Cook and Google CEO Sundar Pichai on Thursday calling on their companies to remove TikTok from […]
Bloomberg Creative/Getty Images (WASHINGTON) — The Federal Reserve said Wednesday it was raising its short-term borrowing rate another 0.25%, the central bank’s second consecutive decision to slow rate increases while extending an effort to cool the economy and dial back inflation. The Fed has put forward a string of borrowing cost increases as it tries to […]
USDA (NEW YORK) — Conagra Brands is recalling over 2.5 million pounds of canned meat and poultry after a packaging defect that might cause contamination was found, the U.S. Department of Agriculture’s Food Safety and Inspection Service announced Tuesday. The problem was discovered when a Congra location in Iowa notified FSIS after someone saw spoiled […]
Peerapon Boonyakiat/SOPA Images/LightRocket via Getty Images (NEW YORK) — Depending on where they live, owners of certain Hyundai and Kia models may have a hard time insuring their vehicles due to the cars’ high incidence of theft. State Farm and Progressive are refusing to insure vehicles in certain states over the rising rate of theft, […]
Darren Staples/Bloomberg via Getty Images (NEW YORK) — The U.S. Department of Labor on Wednesday announced new citations at three more Amazon warehouses — in Aurora, Colorado; Nampa, Idaho; and Castleton, New York -. for failing to keep workers safe. As part of the enforcement action, the Occupational Safety and Health Administration delivered hazard alert […]