Business

(NEW YORK) — The economy has set off emergency sirens this year over growing recession fears, sky-high inflation and a battered stock market. But one area has allayed worries: jobs. Hiring last month exceeded expectations and defied warnings of a downturn. Moreover, in November, wages grew a blistering 5.1% compared to a year earlier, offering […]

(NEW YORK) — More than 1,000 journalists and other workers at The New York Times launched a 24-hour strike on Thursday, a protest over ongoing contract negotiations that marks the first such strike at the company in more than four decades. “It’s never an easy decision to refuse to do work you love, but our […]

(NEW YORK) — Have gifts to ship that you want to arrive by Christmas? Then taking a trip to the post office might be in your future. Each year, we spend time sweating over getting holiday gifts out in time and worrying about shipping delays. If you are using FedEx this year, Thursday is the […]

(NEW YORK) — Recession fears have mounted in recent weeks, as inflation continues to strain household budgets and the Federal Reserve appears set to raise interest rates and further slow the economy. As if blissfully unaware, however, the job market has thrived. Hiring last month exceeded expectations and defied warnings of a downturn. But the […]

David Ryder/Bloomberg via Getty Images (EVERETT, Wash.) — After 54 years of production, the most recognizable and iconic commercial aircraft is fading into the sunset as Boeing prepares to deliver its final 747 aircraft. Late Tuesday night, the 1,574th 747 rolled out of the Everett, Washington, hanger where the 747 was first produced in 1967. […]

(AUSTIN) — Texas Gov. Greg Abbott directed state agencies on Wednesday to ban the use of social media platform TikTok on government-issued devices over concerns about how the China-owned app handles data on American infrastructure and other sensitive information. “TikTok harvests vast amounts of data from its users’ devices — including when, where and how […]

(NEW YORK) — Ramesh “Sunny” Balwani, the former romantic partner of Elizabeth Holmes and president of disgraced blood testing company Theranos, was sentenced Wednesday to 155 months, or nearly 13 years, in prison. The sentencing in federal court comes less than three weeks after Holmes, the founder of Theranos, received 135 months, or 11 1/4 […]

(NEW YORK) — The latest social media trend to be sweeping people’s feeds is sharing virtual avatars generated through the Lensa AI app. Lensa, which has been around since 2018, lets users upload 10 to 20 photos of their selfies or portraits, and then it creates dozens, even hundreds, of digital images called “Magic Avatars.” […]

(SAN JOSE, Calif.) — Ramesh “Sunny” Balwani, the former romantic partner of Elizabeth Holmes and president of disgraced blood testing company Theranos, is set to be sentenced on Wednesday. Balwani, 57, was convicted in July on 12 counts of fraud and conspiracy after persuading investors and patients to trust the company’s faulty blood testing devices. […]

(NEW YORK) — As the night before Christmas inches nearer, Santa Claus is being asked to make more and more appearances. But Santa Claus is getting harder to find. Mitch Allen, the founder and “Head Elf” of event planning company Hire Santa, spoke with ABC News’ “Start Here” podcast about the difficulty his company is […]