Business

(NEW YORK) — The stock price of former President Donald Trump’s social media platform Truth Social made turbulent swings in the aftermath of his conviction in a New York court on Thursday. A jury found Trump guilty of 34 felony counts of falsifying business records in an effort to conceal hush money payments made to […]

A sign is displayed on a wall at the former Anchor Brewing Company brewery on May 31, 2024 in San Francisco, California. (Justin Sullivan/Getty Images) (NEW YORK) — Beer drinkers rejoice, Chobani CEO Hamdi Ulukaya has officially acquired Anchor Brewing Company in a move that will save the 127-year legacy business. Craft beer fans everywhere […]

(NEW YORK) — Orange production in two top growing regions has been plagued by diseased fruit and bad weather, a combination that’s prompted all-time high prices and left juice makers to consider other citrus varietals to supplement in the widely consumed breakfast beverage. Along the citrus belt of São Paulo and Minas Gerais in Brazil, […]

wera Rodsawang/Getty Images (NEW YORK) — The cost of child care in the U.S. is rising at nearly double the pace of overall inflation, according to a new report by tax firm KPMG. Between 1990 and April 2024, the cost of day care and preschool rose 263%, according to KPMG. The consumer price index, the […]

(WASHINGTON) — The U.S. Department of Labor filed a complaint against a Hyundai manufacturing plant in Alabama that allegedly employed a 13-year old child to work over 50 hours per week on an assembly line. The child was jointly employed by the Hyundai manufacturer, another auto parts manufacturer and a staffing agency, the complaint says. […]

An employee adds sour cream to a burrito bowl at a Chipotle Mexican Grill Inc. restaurant in Louisville, Kentucky, Feb. 2, 2019. (Bloomberg via Getty Images, FILE) (NEW YORK) — Social media is full of hot takes, especially when it comes to food and more recently amid shrinkflation and higher food costs — people’s perceived […]

(WASHINGTON) — Boeing officially locked out its unionized firefighters in Washington after the firefighter’s union failed to come to an agreement with the company after two-and-a-half months of negotiations, primarily over pay. This is the first time in over four decades that a group of firefighters have been on a lock out in the U.S. […]

(NEW YORK) — A worse-than-expected jobs report on Friday offered the latest evidence of an economic slowdown that could help ease inflation and trigger interest rate cuts. The trend, however, threatens to downshift the nation’s brisk economic growth. Employers hired 175,000 workers last month, falling short of economist expectations of 240,000 jobs, U.S. Bureau of […]

(HONOLULU) — Hawaii Gov. Josh Green signed a bill into law to give counties more authority to regulate short-term vacation rentals amid the ongoing state housing crisis and aftermath of the Maui wildfires. Now, a day after the bill signing, local advocates from Lāhainā Strong are joining County Maui Mayor Richard Bissen to announce a […]

(NEW YORK) — For months, the Federal Reserve has forecasted interest rate cuts that would deliver much-needed relief for Americans burdened by high mortgage and credit card loans. At a press conference this week, however, Fed Chair Jerome Powell cast doubt on whether those rate cuts would arrive after all, saying the Fed needs to […]