Business

Kwanchai Lerttanapunyaporn/EyeEm/Getty Images (NEW  YORK) — The U.S. hiring spree slowed in recent months as employers took on fewer workers and provided smaller wage increases, government data released on Friday showed. Hiring held steady in August as the U.S. economy added 187,000 jobs, according to a report from the Bureau of Labor Statistics. While the […]

Anton Petrus/Getty Images (WASHINGTON) — The Biden administration is rethinking how it classifies marijuana under a federal list of drugs, a move that could allow the cannabis industry to save potentially billions in federal taxes each year because it would allow producers to write off their business expenses. The proposal, recommended by the Department of […]

by Marc Guitard/Getty Images (WASHINGTON) — It’s a moment those with student loans have been dreading — payments are one step closer to resuming. After a three-year pause on federal student loan payments, Friday will mark the first significant step toward restarting the process: borrowers will once again see interest accrue on their loan balances. […]

Greg Bajor/Getty Images (NEW YORK) — As the summer winds down, Labor Day weekend travel is about to get underway. Here’s what you need to know before hitting the road or heading to the airport. The skies Labor Day weekend is projected to be the third-busiest travel weekend of the year, according to the Federal […]

jmsilva/Getty Images (NEW YORK) — Low water levels at the Panama Canal are causing a traffic jam at the historic trading route that connects the Atlantic and Pacific Oceans, threatening to ensnarl the holiday shipping season and raising alarm among canal officials. The 109-year-old canal works through a water lock system that move ships up […]

Matt Cardy/Getty Images (MIAMI) — Fast food chain Burger King is facing a lawsuit that claims its signature Whopper is marketed on restaurant menu boards as a bigger sandwich than it is in reality. Consumers in the proposed class-action lawsuit claim Burger King misleads customers and has allegedly committed a breach of contract by showing […]

Joe Burbank/Orlando Sentinel/Tribune News Service via Getty Images (NEW YORK) — As Hurricane Idalia slams parts of Florida, the state’s huge tourism industry is also being impacted. The storm made landfall in Florida’s Big Bend region, north of Tampa, on Wednesday morning as an “extremely dangerous” Category 3 storm, according to the National Weather Service. […]

Citigroup CEO Jane Fraser testifies during a Senate Banking, Housing, and Urban Affairs Committee hearing on Capitol Hill, Sept. 22, 2022 in Washington, DC. — Drew Angerer/Getty Images, FILE (NEW YORK) — Dozens of the nation’s most prominent business leaders called for federal aid and speedy processing of work permits to address an influx of […]

Joe Burbank/Orlando Sentinel/Tribune News Service via Getty Images (NEW YORK) — As Hurricane Idalia makes its way towards Florida, one area at risk is the state’s huge tourism industry. The storm is forecast to make landfall Wednesday morning in Florida’s Big Bend area, north of Tampa. Idalia is expected to strengthen further as it nears […]

RapidEye/Getty Images (NEW YORK) — Chipotle Mexican Grill has agreed to a six-figure settlement after an investigation in the nation’s capital “identified over 800 potential violations of Washington, D.C.’s child labor laws over the past three years,” D.C. Attorney General Brian L. Schwalb announced on Monday. Schwalb’s office alleges that since April 2020, the popular […]