Business

(NEW YORK) — A better-than-expected jobs report on Friday displayed the resilient strength of the U.S. economy, even after years of high interest rates and stubborn inflation. Employers hired 272,000 workers last month, blowing past economist expectations of 190,000 jobs added, U.S. Bureau of Labor Statistics data showed. The unemployment rate ticked up to 4%, […]

(NEW YORK) — Jessica Morrison and Jason West, a Philadelphia-area couple with a 4-year-old daughter, stood on the verge of a financial breakthrough. West was breezing through the hiring process to become a driver at UPS, a job that paid $400 a week and would supplement Jessica’s salary as a state employee. “It was exciting,” […]

(NEW YORK) — Prominent backers have poured billions into a new Texas-based stock exchange that aims to attract companies with what it considers more business-friendly rules than those of the New York Stock Exchange and the Nasdaq. The Texas Stock Exchange, which boasts funding from market maker Citadel Securities and asset manager BlackRock, intends to […]

(NEW YORK) — Disney and appointees of Florida Gov. Ron DeSantis have officially approved an agreement that could result in the company investing $17 billion into its Florida properties, as well as a potential fifth major theme park. The news comes two months after the two parties agreed to end their drawn-out legal battle, which […]

(NEW YORK) — Aviation industry executives gathered in Dubai for the annual International Air Transport Association meeting this week, where they revealed that despite record high profit projections, airfare will continue to climb in the coming months. The group says its pricing prediction is partly due to global inflation and long-term recovery from massive groundings […]

Karl Tapales/Getty Images (NEW YORK) — AT&T has resolved the “interoperability issue between carriers” customers were experiencing on Tuesday, the company said in a statement. Customers began reporting a “nationwide issue that is affecting” their ability to call non-AT&T users, AT&T said at the time. The company later clarified the network “did not experience a […]

(WASHINGTON) — The Department of Justice and Environmental Protection Agency announced the largest ever fine under the Animal Welfare Act on Monday, totaling more than $35 million in criminal fines, donations and costs to upgrade their operations to be paid by a company that surrendered 4,000 beagles from a dog breeding facility in Virginia in […]

(NEW YORK) — Shares of GameStop climbed more than 75% in early trading on Monday, triggering a halt in markets multiple times on account of the volatility. The rally softened over the ensuing hours, but the price remained up 30% into the late morning. The surge followed the reemergence on Sunday of a Reddit account […]

Klaus Vedfelt/Getty Images (NEW YORK) — Live Nation, the parent company of Ticketmaster, revealed Friday evening that it was the victim of a cyber attack that compromised user data. The company said in a filing with the U.S. Securities and Exchange Commission that it discovered an “unauthorized activity within a third-party cloud database,” on May […]

(NEW YORK) — Mega ship cruise line Royal Caribbean International is making waves rolling out an industry-first status matching program for loyalty members. The company announced Thursday that members of Royal Caribbean’s Crown & Anchor Society, Celebrity Cruises’ Captain’s Club and Silversea’s Venetian Society will attain equivalent tier status on any one of its brands […]