Business

Bloomberg Creative/Getty Images (WASHINGTON) — The Federal Reserve’s staff is more worried about the U.S. economy tipping into a recession after the recent banking crisis, the minutes from the central bank’s meeting in March reveal. Economists at the Federal Reserve said they expect a “mild” recession later this year, an escalation from their previous assessment. […]

Justin Sullivan/Getty Images (SAN FRANCISCO) — Whole Foods is temporarily closing a large store in downtown San Francisco due to concerns over employee safety, the company said on Wednesday. The closure arrives roughly a week after the high-profile killing of Cash App Founder Bob Lee in San Francisco, which sparked crime fears among some city residents. […]

Mario Tama/Getty Images (NEW YORK) — Several attorneys general announced a new $462 million settlement from e-cigarette manufacturer JUUL Labs on Wednesday. The settlement is the largest multistate settlement which includes the most “stringent restrictions on the company’s marketing and sales to protect and to prevent minors from vaping,” New York Attorney General Letitia James said […]

RiverNorthPhotography/Getty Images (NEW YORK) — NPR will stop sharing content on Twitter, the company announced Wednesday — a rebuke of certain labels the social media platform attached to the news outlet. The international media non-profit said the categorization — first as “US state-affiliated media” and later “government-funded media” — prompted the outlet to stop posting “fresh […]

Courtesy of Lianne Mandelbaum (NEW YORK) — A New Jersey mom is speaking out after she claims United Airlines staff refused to accommodate her son’s “life-threatening” peanut allergy during a recent flight. Lianne Mandelbaum said she, her husband and their son Josh were traveling home on March 13 from Texas, where they had been visiting […]

Javier Ghersi/Getty Images (NEW YORK) — Consumer prices rose 5% last month compared to a year ago, extending a months-long slowdown of price increases as the Federal Reserve aims to bring inflation down to normal levels without pushing the U.S. into a recession, government data on Wednesday showed. The fresh data showed the lowest year-over-year […]

Javier Ghersi/Getty Images (NEW YORK) — Investors and consumers on Wednesday will closely watch the release of fresh inflation data, which will show whether price increases continued a months-long slowdown in March. The data release arrives less than a month after the Federal Reserve imposed the latest in a string of borrowing cost increases, despite […]

Scott Olson/Getty Images (NEW YORK) — A staple in many American kitchens could soon be coming to an end. Tupperware, which has been in American homes for more than 75 years, is now saying it could soon go out of business. The news sent stock prices plummeting nearly 50% on Monday. Analysts say the brand […]

DenisTangneyJr/Getty Images (NEW BRUNSWICK, N.J.) — Thousands of academic workers at Rutgers University, including professors and graduate student workers, launched a strike on Monday, picketing outside of campus buildings and urging colleagues to forego teaching classes. The strike marks the first in the university’s nearly 257-year history, according to a group of unions representing the […]

Marko Geber/Getty Images (NEW YORK) — As young professionals navigate the workforce with an emphasis on valuing self-care and work-life balance, behavioral trends like “quiet quitting” and pushes for a four-day workweek have emerged. Now, the latest career trend to take hold of the internet is “Bare Minimum Mondays.” “I think what I’m seeing at […]