Business

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 […]

(NEW YORK) — Ahead of the upcoming election in November, the popular ride-sharing service Lyft announced a partnership that its CEO said he hopes continues the company’s mission to bring more people — especially younger voters — to the polls. Lyft CEO David Risher told ABC News in an interview that ahead of the upcoming […]

Nikolas Kokovlis/NurPhoto via Getty Images (NEW YORK) — Looking for a unique vacation destination? Airbnb is offering customers an opportunity to stay in famous homes and places such as a re-creation of the Up house from Pixar’s 2009 animated movie. Photos show the Up house, home to the fictional Carl Fredricksen and his late wife […]

(NEW YORK) — Tipping has seen a shift, especially compared to pre-pandemic, when the cost of food and everything else was lower, but one man’s recent experience that went viral on social media has sparked new questions around gratuities. Mark O’Brien shared a video on Instagram showing an electronic screen that displayed the suggested tip […]