Gree Electric Appliances, Inc., is recalling 1.56 million dehumidifiers sold between 2011 and 2014 under brand names like Kenmore and GE due to fire and burn hazards, according to the…
Editor’s Pick
Target and Walmart are both catering to thriftier shoppers, but the two big-box retailers have seen very different outcomes when it comes to winning their dollars. Target missed Wall Street’s sales expectations for the fiscal second-quarter.…
Several Buy Buy Baby and Harmon stores to reopen after buyers scored deals on the bankrupt brands
Bed Bath & Beyond may never return to its brick-and-mortar heyday, but the doors at former corporate siblings Buy Buy Baby and Harmon are set to reopen, CNBC has learned. The…
Mortgage rates rose for the third straight week last week, matching a 22-year high. As a result, mortgage demand dropped as well. Total mortgage application volume was 29% lower than…
Orlando debuts self-driving shuttle that will whisk passengers around downtown
There is going to be a new way to get around downtown Orlando, Florida, and it’s not going to require any human drivers. Starting later this month, an electric, self-driving…
Fed officials see ‘upside risks’ to inflation, possibly leading to more rate hikes, minutes show
Federal Reserve officials expressed concern at their most recent meeting about the pace of inflation and said more rate hikes could be necessary in the future unless conditions change, minutes…
Spam donates 264,000 cans of meat product valued at more than $1M to Maui wildfire victims
For decades, Spam has been a staple in Hawaiian cooking, a phenomenon dating back to its introduction during World War II. Now, Spam and parent company Hormel Foods are stepping…
“Lazy girl jobs” — a viral term that refers to well-paying, flexible jobs that allow for leisure time — are anything but lazy. Just ask the employees who occupy these…
As pet insurance becomes more popular, owners complain about rising prices and denied claims
When Jeff Foose welcomed Lucy, a Boston terrier, into his family in 2014, protecting her health was a big concern. His veterinarian recommended pet health insurance from a company called…
As tourists seek refunds for upcoming Maui trips, Airbnb offers muddled response
For an economy heavily dependent on tourism, Maui has come to rely on platforms like Airbnb to generate revenue. But as the island looks to recover from the deadliest wildfire…