Less than one-sixth of homes listed in the U.S. between January and November were affordable for a typical household, according to Redfin. The real estate brokerage says 352,500 homes, or…
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Ikea warned of delays on some products due to the mass diversion of shipping containers from the Red Sea over safety concerns. “The situation in the Suez Canal will result…
Consumer confidence pops in the last month of a year that dodged recession forecasts
Americans are heading into 2024 more optimistic about the health of the economy than they have been in months. The Conference Board reported Wednesday that its Consumer Confidence Index, a…
Rite Aid wrongfully used facial recognition to accuse customers of shoplifting, FTC says
The Federal Trade Commission said Wednesday that Rite Aid secretly used facial recognition on customers for nearly a decade and wrongfully accused many of shoplifting. The FTC said Black and…
Honda recalls thousands of Honda CR-V hybrids over electrical issue that could lead to fires
Honda is recalling about 106,000 CR-V hybrid sport-utility vehicles for model years 2020 through 2022. At issue is a 12-volt battery cable that may be missing a fuse, potentially causing…
More than 300,000 air fryers sold at Walmart, Target and Kohl’s recalled for burn hazard
The U.S. Consumer Product Safety Commission announced the recall of about 319,000 PowerXL air fryers following 41 reports of the products breaking during use and, in some instances, causing burns. On Dec.…
The explosion of “Buy Now, Pay Later” services has set off alarms that consumers are desperate, rushing into the largely unregulated installment loans after running out of mainstream credit options.…
TGI Fridays-branded chicken bites sold at grocery stores nationwide recalled due to plastic contamination
Approximately 13 tons of TGI Fridays-branded chicken sold at major U.S. grocery stores is being recalled after consumers complained of finding pieces of plastic in the product. The U.S. Department…
Target blamed theft and violence for 9 store closures. Crime is higher at locations it kept open nearby
On Sept. 26, Target set off a national firestorm when it said it would close nine stores in four states because theft and organized retail crime had made them too dangerous to run.…
Toyota Motor said on Wednesday it will recall 1.12 million vehicles worldwide because a short circuit in a sensor could cause air bags not to deploy as designed. The recall covers…