Business

Tetra Images/Getty Images (NEW YORK) — For months, the Federal Reserve has forecasted interest rate cuts that would deliver much-needed relief for Americans burdened by high mortgage and credit card loans. At a press conference this week, however, Fed Chair Jerome Powell cast doubt on whether those rate cuts would arrive after all, saying the […]

Hill Street Studios/Getty Images (NEW YORK) — Ahead of the upcoming election in November, the popular ride-sharing service Lyft announced a partnership that its CEO said he hopes continues the company’s mission to bring more people — especially younger voters — to the polls. Lyft CEO David Risher told ABC News in an interview that […]

Nikolas Kokovlis/NurPhoto via Getty Images (NEW YORK) — Looking for a unique vacation destination? Airbnb is offering customers an opportunity to stay in famous homes and places such as a re-creation of the Up house from Pixar’s 2009 animated movie. Photos show the Up house, home to the fictional Carl Fredricksen and his late wife […]

Tetra Images/Getty Images (NEW YORK) — Tipping has seen a shift, especially compared to pre-pandemic, when the cost of food and everything else was lower, but one man’s recent experience that went viral on social media has sparked new questions around gratuities. Mark O’Brien shared a video on Instagram showing an electronic screen that displayed […]

Chip Somodevilla/Getty Images (WASHINGTON) — The Federal Reserve decided to hold its benchmark interest rate steady on Wednesday, postponing highly anticipated rate cuts as elevated inflation continues to burden U.S. households. The announcement arrives days after new government data showed that the economy is cooling off. The slowdown has coincided with a months-long stretch of […]

S. Martinelli & Co. (NEW YORK) — Martinelli’s has voluntarily recalled a single lot of its apple juice that was distributed to five major retailers after it tested for arsenic levels higher than U.S. Food and Drug Administration standards. S. Martinelli & Co. stated in a recall notice dated April 16, 2024, that the recall […]

Bloomberg Creative/Getty Images (WASHINGTON) — The Federal Reserve is set to announce a decision on Wednesday about whether to adjust its benchmark interest rate, just days after new government data showed that the economy is cooling off. The slowdown has coincided with a months-long stretch of stubborn inflation, putting pressure on the Fed to keep […]

Bloomberg Creative/Getty Images (WASHINGTON) — The Federal Reserve is set to announce a decision on Wednesday about whether to adjust its benchmark interest rate, just days after new government data showed that the economy is cooling off. The slowdown has coincided with a months-long stretch of stubborn inflation, putting pressure on the Fed to keep […]

tattywelshie/Getty Images (NEW YORK) — It’s been nearly one month since California raised the minimum wage at certain restaurants, which has put a spotlight on a course correction that many see as long overdue. But for some — and not just fast food franchise owners — the newly raised bar for compensation also marks a […]

onurdongel/Getty Images (NEW YORK) — For anyone still in planning mode for summer vacation, some experts say right now may be the best time to book the trip. Founder of The Points Guy Brian Kelly explained to ABC News’ Good Morning America that the best booking timeframe, known as the goldilocks window, can offer travelers […]