Business

Grace Cary/Getty Images (NEW YORK) — The seal of approval from the U.S. Department of Agriculture on meat and poultry you see at the grocery store may soon carry more weight thanks to an update to labeling guidelines for meat producers that will more rigorously verify how animals were raised. The government agency announced a […]

RapidEye/Getty Images (NEW YORK) — Instant Brands, the parent company of beloved kitchenware and houseware brands like Pyrex glassware and Instant Pot, has filed for Chapter 11 bankruptcy protection. Earlier this week, Instant Brands announced the voluntary court-supervised process in a press release, stating that it will give the company “time and flexibility” for ongoing […]

(WASHINGTON) — The Federal Reserve paused its aggressive series of interest rate hikes on Wednesday, ending a string of 10 consecutive rate increases that stretches back 15 months. Nearly all members of the decision-making committee believe the central bank will need to impose at least one additional rate hike this year, Fed Chair Jerome Powell said […]

(WASHINGTON) — The Federal Reserve is expected to pause its aggressive series of interest rate hikes on Wednesday, ending a string of 10 consecutive rate increases that stretches back 15 months. The decision arrives a day after fresh data showed consumer prices rose 4% last month compared to a year ago, cooling more than economists […]

(NEW YORK) — Wawona Frozen Foods, Inc. has issued a voluntary recall on large bags of frozen fruit that were sold at Costco Wholesale stores in five states. The recall includes year-old, 4-pound packages of Wawona Frozen Foods Organic DayBreak Blend that were distributed from April 15, 2022, to June 26, 2022. “The DayBreak Blend […]

(NEW YORK) — Popular Reddit pages, known as “subreddits,” with names like /r/funny, /r/sports, /r/todayilearned and /r/music are currently inaccessible for new posts in a protest over planned changes to the website. The protest is over how the company plans to reshuffle pricing for its application programming interface, or API, which is the code that […]

(NEW YORK) — For Haley Reyes, there were two questions looming over her senior year in high school at the Urban Assembly New York Harbor School in Manhattan. First, was whether she’d get into her dream school of Syracuse University. Second, was how she’d pay for it without going into crushing debt. The sticker price […]

(NEW YORK) — Consumer prices rose 4% last month compared to a year ago, dropping more than expected and bolstering hopes that inflation will return to normal levels. The fresh data for May arrives a day before the Federal Reserve will announce its latest rate decision as it determines whether to extend an aggressive series […]

(NEW YORK) — Policymakers and consumers on Tuesday will closely watch the release of fresh data on consumer prices, which will show whether inflation has continued its monthslong slowdown. The inflation data for May arrives a day before the Federal Reserve will announce its latest rate decision as it determines whether to extend an aggressive […]

(NEW YORK) — Jose Velasquez Castellano said he first worked on a farm when he was 8 years old. At age 13, he began working shifts as long as 12 hours each summer in a tobacco field. “My mom was going through a little rough patch financially,” Castellano, who grew up in Greensboro, North Carolina, after […]