Business

(NEW YORK) — Spicy condiments from spreads to sauce have been dubbed a top food trend of 2024, but one brand is alerting consumers to toss out some of its products, as they could be dangerous for anyone with a wheat allergy. Vesta Fiery Gourmet Foods, Inc. issued a voluntary recall on Monday for five […]

(NEW YORK) — The race to decarbonize the aviation industry is heating up, with researchers finding a way to make passenger airplanes operate on 100% electric power. A newly designed electric aircraft, called the E9X, can now hold more passengers and fly farther than what was previously thought to be possible, according to aviation startup […]

(NEW YORK) — Consumer prices rose 3.4% in December compared to a year ago, accelerating markedly from the previous month and defying a smooth path down to normal levels, a report from the Bureau of Labor Statistics released on Thursday showed. The Federal Reserve stands poised to dial back its inflation fight by cutting interest […]

(WASHINGTON) — The Department of Transportation has announced $623 million in grants to support electric vehicle (EV) charging infrastructure across the country. “We’re at a moment now where the electric vehicle revolution isn’t coming, it is very much here,” Transportation Secretary Pete Buttigieg told reporters. The grants will support 47 projects in 22 states and […]

(NEW YORK) — Policymakers will pay close attention to the release of price data on Thursday as the Federal Reserve weighs dialing back its inflation fight with a series of interest rate cuts. The Fed expects to slash rates later this year, which would ease borrowing payments for everything from credit cards to mortgages. The […]

(NEW YORK) — The Securities and Exchange Commission on Wednesday gave its approval for some Bitcoin ETFs, just a day after a fake post on the agency’s account on X made a similar announcement and sent the value of Bitcoin soaring. The price of Bitcoin vaulted skyward on Tuesday afternoon after the SEC appeared to deliver […]

(NEW YORK) — The price of Bitcoin vaulted skyward on Tuesday afternoon after the Securities and Exchange Commission appeared to deliver a major breakthrough for the cryptocurrency in a post on X. Minutes later, SEC Chair Gary Gensler punctured the euphoria, saying on X that a hacker had commandeered the agency’s account and sent out […]

(NEW YORK) — After a high-flying performance last year, the stock market has dropped at the outset of 2024. The turnabout has sent some investors looking for alternatives, including certificates of deposit, or CDs. A CD is a type of savings account that offers a fixed interest rate over a given period of time. If […]

(HEBRON, Ky.) — Two months after Rubi Gomez began working at an Amazon facility in Kentucky, she woke up to a barrage of frantic text messages from her coworkers, she said. “They were the kind of messages you would get if somebody was in a panic,” Gomez told ABC News. Managers had confronted employees as […]

(NEW YORK) — DoorDash and Uber Eats issued statements this week announcing changes to their respective tipping policies in response to a new minimum wage increase for app-based food delivery workers in New York City. Earlier this fall, the New York State Supreme Court ruled that “apps should immediately pay delivery workers the Minimum Pay […]