Business

Timothy A. Clary/AFP via Getty Images (NEW YORK) — In a speech at the New York Stock Exchange on Monday, Speaker Kevin McCarthy said House Republicans will vote in “the coming weeks” on legislation to raise the debt ceiling but for only one year and tied to spending cuts. He continued to blame President Joe […]

Jeffrey Greenberg/Education Images/Universal Images Group via Getty Images (NEW YORK) — David’s Bridal has filed for bankruptcy and announced massive layoffs just weeks before wedding season. One of the country’s largest bridal retailers, the company revealed plans to eliminate 9,236 employees across its hundreds of stores. “They may shut some stores down,” The Stylish Bride […]

Timothy A. Clary/AFP via Getty Images (NEW YORK) — Speaking at the New York Stock Exchange on Monday, House Speaker Kevin McCarthy said the House will vote in “the coming weeks” on legislation to raise the debt ceiling and cut federal spending as he continued to blame President Joe Biden for not negotiating and accused […]

Official White House Photo by Adam Schultz (WASHINGTON) — The Biden administration on Monday plans to announce a new round public and private commitments aimed at accelerating electric vehicle use throughout United States. The commitments to be rolled out on Monday, which include investment pledges from Uber, Zipcar and other tech companies, build on the […]

Tramino/Getty Images (NEW YORK) — Michael Critchley’s job is to persuade his longtime Ford customers to swap their gas-guzzling pickups for the F-150 Lightning. Ford started production of the all-electric Lightning in late 2021 and the Dearborn automaker still cannot keep up with demand. Critchley says he has so many requests for the electric truck that […]

Tim Robberts/Getty Images (NEW YORK) — Parler, a social media platform popular among conservatives, will temporarily shut down after being acquired by the hedge fund Starboard, the company said on Friday. The acquisition comes months after the failure of a bid for the app’s parent company, Parlement Technologies, undertaken by Ye, the rapper formerly known […]

Greg Bajor/Getty Images (NEW YORK) — Airlines are already booking up for getaways abroad this summer and as Americans finalize travel plans, there are some important things to keep in mind. With 75% of seats already sold on their aircrafts, Delta revealed that it has had to increase its number of international flights. As search […]

Daniel Acker/Bloomberg via Getty Images (NEW YORK) — Fresh calls to boycott Bud Light volley across social media nearly two weeks after a product endorsement from Dylan Mulvaney, a transgender influencer, set off backlash among some prominent conservatives. Far-right House Rep. Marjorie Taylor Greene, R-Ga., on Wednesday reposted a video for her 700,000 Twitter followers […]

IronHeart/Getty Images (NEW YORK) — JPMorgan Chase trumpeted its $175 million acquisition of a college financial planning company called Frank in 2021, boasting that the firm served more than five million students. Little more than a year later, however, the nation’s largest bank sued Frank founder Charlie Javice, saying she and another executive from the […]

CPSC (NEW YORK) — The head of the government agency that oversees recalls is making an urgent plea when it comes to getting a recalled baby product off the market. Alexander Hoehn-Saric, chair of the Consumer Product Safety Commission, sent letters Wednesday to Meta, the parent company of Facebook, and Mattel, the maker of the […]