Business
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(PHILADELPHIA) — Vice President Kamala Harris and former President Donald Trump met for the first time Tuesday in their first presidential debate of the 2024 election, hosted by ABC News. The high-stakes, 90-minute debate was held at Philadelphia’s National Constitution Center, with Trump and Harris arguing their cases for the White House. As the Democratic […]
(NEW YORK) — Consumer prices rose 2.5% in August compared to a year ago, slowing more than expected and delivering welcome news for the Federal Reserve, days before a widely expected interest rate cut. Inflation cooled significantly from a year-over-year rate of 2.9% recorded in the previous month. Price increases have fallen from a peak […]
(NEW YORK) — A fresh inflation report on Wednesday will show whether price increases have continued a monthslong cooldown as they fall toward normal levels. Economists expect prices to have increased 2.6% over the year ending in August. That figure would mark a notable slowdown from the year-over-year rate of 2.9% recorded in the previous […]
(NEW YORK) — Scammers don’t need a special occasion to try to steal your money or your identity. Whether it be holidays or big events, they are always on the prowl — the back-to-school shopping season is no different. Students and parents are particularly vulnerable right now as they shop for everything from textbooks to […]
(NEW YORK) — Keurig, the company behind the popular home brewing and single-serving coffee maker systems, will pay the SEC a $1.5 million civil penalty after it failed to disclose concerns from two major recycling companies about the K-Cup pods in its annual reports. The Securities and Exchange Commission announced Tuesday that Keurig Dr Pepper […]
(NEW YORK) — Apple is unveiling its new iPhone 16 on Monday replete with artificial intelligence-driven features as the company introduces the buzzy technology into its signature smartphone. The Cupertino, California-based company is also releasing fresh versions of its Apple Watch and Apple AirPods. The announcements arrive months after Apple raised the curtain on an […]
Douglas Sacha/Getty Images (NEW YORK) — Concerns about inflation have increasingly turned to concerns about the job market. Last month’s weaker than expected jobs report led to turmoil in stocks. The U.S. added 142,000 jobs in August, according to the Bureau of Labor Statistics report on Friday. The figure was lower than expectations. The reports […]
(NEW YORK) — Concerns about inflation have increasingly turned to concerns about the job market. Last month’s weaker than expected jobs report led to turmoil in stocks. Expectations are that Friday’s report will show 161,000 jobs added when it’s released at 8:30 a.m. If jobs come in around expectations it would mean a slowing but […]
(NEW YORK) — Federal safety regulators are calling for an investigation into popular Chinese e-commerce websites Shein and Temu over concerns shoppers can easily purchase baby and toddler products that do not meet U.S. safety regulations. In a joint letter Monday, Consumer Product Safety Commission Commissioners Peter A. Feldman and Douglas Dziak cited “recent media […]
(LOS ANGELES) — Waymo, the self-driving car division of Alphabet, first began offering its autonomous rideshare service on the streets of San Francisco earlier this year. Now the company is expanding, recently launching in Los Angeles. Waymo’s electric Jaguar I-Pace SUVs operate as taxis, except there’s nobody in the driver’s seat. Using cameras, sensors and […]