Federal Reserve Chair Jerome Powell on Friday called for more vigilance in the fight against inflation, warning that additional interest rate increases could be yet to come. While acknowledging that progress has…
Category:
Editor’s Pick
Editor's Pick
Spirit Airlines to pay up to $8.25 million in class action over ‘gotcha’ carry-on bag fees
by
0 comment
Spirit Airlines has agreed to pay up to $8.25 million to settle a class action lawsuit by passengers who said the low-cost carrier blindsided them with surprise carry-on bag fees…
Editor's Pick
UAW workers overwhelmingly vote to authorize strikes at GM, Ford, Stellantis
by
0 comment
DETROIT — United Auto Workers members overwhelmingly granted union leaders authorization to strike during ongoing contract negotiations with General Motors, Ford Motor and Stellantis, if warranted. The union on Friday said an average of…
Editor's Pick
Southwest Airlines is now limiting a service that lets passengers buy a better spot in the boarding line
by
0 comment
Southwest Airlines is changing its unusual boarding system by limiting the opportunity to pay an extra fee and jump ahead of other passengers in the race for the best seats.…
Editor's Pick
Recalled products linked to more than 100 infant deaths are still for sale on Facebook, lawmakers say
by
0 comment
Recalled baby products linked to more than 100 infant deaths are still widely sold on Facebook Marketplace despite thousands of requests from federal regulators to take down the items, four members of…
Editor's Pick
Peloton shares fall after it posts wider-than-expected loss, falling sales due to Bike recall, seasonality
by
0 comment
Peloton on Wednesday reported a wider-than-expected loss and a quarterly drop in new subscribers that it blamed on its recall of its Bike seat post and seasonality, sending shares plunging about 20%. The…
Editor's Pick
Truck purchases are driving up the average cost of car payments. Some buyers pay over $1,000 a month
by
0 comment
Car shoppers are paying more than ever to finance new vehicles — and pickup trucks are driving up the average cost in at least two states. More than 1 in 4 car…
Editor's Pick
Peloton shares fall after posting wider-than-expected loss, falling sales due to Bike recall, seasonality
by
0 comment
Peloton on Wednesday reported a wider-than-expected loss and a quarterly drop in new subscribers that it blamed on its recall of its Bike seat post and seasonality, sending shares plunging about 20%. The…
S&P Global followed Moody’s in cutting its credit ratings and outlook on multiple U.S. regional banks, saying higher funding costs and troubles in the commercial real estate sector will likely…
UPS workers ratified the Teamsters-negotiated labor deal reached nearly a month ago, allowing the next five-year contract covering 340,000 employees to take effect. “This contract will improve the lives of…