Business

(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 […]

(NEW YORK) — Panera Bread is at the center of another wrongful death lawsuit after a Florida family claimed the restaurant’s caffeinated lemonade drink caused Dennis Brown to go into cardiac arrest. The popular fast-casual chain issued warnings in late October and added signage on menus for the highly caffeinated “charged lemonade” beverages after a […]

(LOS ANGELES) — SAG-AFTRA members voted to ratify the deal that successfully ended the historic 118-day strike, the union announced on Tuesday. The contract was approved with 78% voting in favor of the deal. SAG-AFTRA didn’t reveal the exact number of members who voted but said it was 38.15% of the union. The union, which […]

(NEW YORK) — McDonald’s burgers have been an American classic since 1955, but the iconic fast food chain has some changes planned to improve its buns, cheese and even how to cook its quintessential burgers. McDonald’s first announced in April that its signature Big Mac, McDouble, cheeseburger and hamburger would be made with softer buns, […]