Business

(NEW YORK) — Do fewer working hours boost a company’s overall productivity? A recent study out of the United Kingdom suggests the four-day workweek model benefits businesses and employees alike. One year after 61 U.K. companies opted to participate in a four-day week pilot study, 89% of the companies continued to keep the structure in […]

(NEW YORK) — Half of Americans are burdened by the cost of housing, according to a recent Harvard study, officially capturing the grim reality facing renters nationwide. Marianne Smith, a 65-year-old Oklahoma resident, is one of them — paying about 35% of her income toward rent, she said in an interview with ABC News. “I […]

(NEW YORK) — Bitcoin is on a tear. The largest cryptocurrency has soared more than 20% over the last four days, approaching an all-time high. By contrast, the S&P 500 has dropped slightly over that period. On Wednesday, the price of bitcoin surpassed $64,000 for the first time since November 2021. The upsurge stems primarily […]

(MIAMI) — Historic sports cars, million-dollar roadsters and one-off supercars will be on display when two of the auto industry’s flashiest events take place next month. Enthusiasts from all over the country will travel to Florida March 1-3 to revel in classic and modern cars that are seldom shown in public. ModaMiami, billed as the […]

(MIAMI) — Historic sports cars, million-dollar roadsters and one-off supercars will be on display when two of the auto industry’s flashiest events take place next month. Enthusiasts from all over the country will travel to Florida March 1-3 to revel in classic and modern cars that are seldom shown in public. ModaMiami, billed as the […]

Signage is displayed outside a Wendys Co. restaurant in El Sobrante, Calif., May 6, 2020. (David Paul Morris/Bloomberg via Getty Images) (NEW YORK) — Wendy’s announced it will launch new menu prices that will fluctuate depending on the time of day. The country’s second-largest burger chain, which has 6,000 restaurant locations, said the change will […]

(WASHINGTON) — The Federal Trade Commission on Monday sued to halt the Kroger and Albertsons merger, according to court documents filed in federal court. The merger would represent two of the largest grocery store chains in the United States combining forces. Kroger announced that it intended to acquire Albertsons for $24.6 billion in October 2022, […]

(ORLANDO, Fla.) — A federal judge in Florida has dismissed a lawsuit filed by Disney against Gov. Ron DeSantis and other state officials over the state legislature’s decision to alter the governing structure of the Reedy Creek Improvement District. Disney had argued in the lawsuit, filed last April, that the change to the district, for which […]

Atlantide Phototravel/Getty Images (ORLANDO, Fla.) — A Florida judge has dismissed a lawsuit filed by Disney against Gov. Ron DeSantis over the state legislature’s decision to alter the governing structure of the Reedy Creek Improvement District. Disney had argued the change to the district, for which the company was the main landowner, was made in retaliation […]

(WASHINGTON) — The Federal Reserve left rates unchanged on Wednesday, delaying highly anticipated rate cuts that the central bank expects to make sometime this year. The fed funds rate remains between 5.25% and 5.5% “The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run,” the Fed said […]