Business
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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 […]
Nipitpon Singad / EyeEm/Getty Images (NEW YORK) — Amazon Prime Day is making its annual return in July. The retailer previously announced the return of its biggest shopping event of the year along with plans to include even more savings than it has in years past. “I’m thrilled to share that Prime Day will be […]
Angus Mordant/Bloomberg via Getty Images (NEW YORK) — Southwest Airlines famously allows passengers to select their own seats upon boarding, but the low fare carrier could be changing course. Earlier this week, after the Dallas-based carrier reported a $231 million net loss from the first quarter of 2024, CEO Bob Jordan commented on the “disappointing” […]
Travelers use Clear Plus kiosks at San Francisco International Airport (SFO) in San Francisco, May 25, 2023. (David Paul Morris/Bloomberg via Getty Images) (NEW YORK) — California lawmakers have pushed forward a new piece of legislation aimed at changing the way third-party security screening companies like CLEAR help expedite customers through security at the airport. […]
In this Nov. 24, 2023, file photo, a Walmart store is shown on Black Friday, in Secaucus, New Jersey. (Bloomberg via Getty Images) (NEW YORK) — In an exclusive and far-reaching interview with ABC News, John Furner, president and CEO of Walmart U.S., talked about the retail giant’s push to hire more non-college degree workers […]
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