Business
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(NEW YORK) — Shoppers are flocking to Costco for gold bars but they’re hardly the only ones scooping up the precious metal. Investors drove gold prices to a record high on Friday, the latest surge in a 17% rally so far this year. Over that period, bullion prices have climbed more than twice as fast […]
(NEW YORK) — The Buy Now, Pay Later (BNPL) trend, a significant shift in shopping habits, emerged as a game-changer during the recent holiday season. It broke records and offered customers a refreshing alternative to traditional methods of making large purchases. The BNPL payment option generated $16.6 billion in online sales during the 2023 holiday […]
(NEW YORK) — Tax season, beloved by few and dreaded by many, comes to a close on Monday. For some tardy filers, though, the task will just be getting started. Up to one in three Americans waits until the last minute to file their taxes, according to a 2021 survey by IPX 1031. That amounts […]
(NEW YORK) — Boeing has come under fire and intense scrutiny ever since a door plug flew out of an Alaska Airlines flight on Jan. 5. Investigators revealed the plane, a 737 Max, was missing key bolts when the door was installed. The company has been accused of not doing enough to ensure its aircraft […]
(NEW YORK) — Consumers saddled with high credit card and mortgage rates held onto a source of solace in recent months: A forecast from the Federal Reserve promising long-awaited interest rate cuts. The economy has refused to cooperate, however, casting that financial relief into doubt. Fresh price data released on Wednesday marked the third consecutive […]
(NEW YORK) — Some of the world’s largest companies and richest people are fighting over a question that will help shape the future of AI: Should firms reveal exactly how their products work? Elon Musk, the CEO of Tesla and SpaceX, upended the debate in recent days by opting to release the computer code behind […]
(NEW YORK) — The UnitedHealth Group — one of the nation’s largest health care providers — said it is making progress in its recovery from one of the worst cyberattacks on a health care system in United States history, its CEO said earlier this week. On Feb. 21, UnitedHealth Group announced a hacking group called […]
(WASHINGTON) — The Federal Reserve is set to announce an interest rate decision on Wednesday, revealing its latest move in a yearslong battle to dial back price increases. The decision arrives roughly a week after fresh inflation data showed inflation ticked up in February, the latest sign that progress toward cooling prices had struck a […]
(NEW YORK) — The push in Washington, D.C., for a potential TikTok ban has drawn mounting scrutiny toward the app over data privacy risks tied to Chinese-owned parent company ByteDance. In making their case, some critics point to an allegedly tamer version of the app in China, suggesting that ByteDance unleashed a more potent product […]
(NEW YORK) — More than 70 businesses across the country shut their doors Monday in a show of solidarity to call for federal paid family and medical leave. The day of action coincided with Women’s History Month, highlighting the value of investing in women in the workforce. “This is an action meant to signify the […]