KVSP Business
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Kwanchai Lerttanapunyaporn / EyeEm/Getty Images (WASHINGTON) — A weaker-than-expected jobs report on Friday fueled concern about a potential economic recession and calls for an interest rate cut. Employers hired 114,000 workers last month, falling well short of economist expectations of 185,000 jobs, U.S. Bureau of Labor Statistics data showed. The unemployment rate climbed to 4.3%, […]
Samuel Corum/Bloomberg via Getty Images (NEW YORK) — Less than a week after Elon Musk publicly endorsed the candidacy of former President Donald Trump, he shared an edited video of Vice President Kamala Harris that used artificial intelligence to mimic her voice. Musk, the wealthiest person in the world, spread the video on his social […]
A Spirit Airlines takes off from Oakland International Airport on May 06, 2024 in Oakland, California. (Justin Sullivan/Getty Images) (NEW YORK) — Spirit Airlines is shifting gears from its famously no-frills service to offer new fare options that include premium seats, carry-on baggage, Wi-Fi and even snacks. The ultra-low-cost Florida-based carrier announced “a significant transformation” […]
Bloomberg Creative/Getty Images (WASHINGTON) — The Federal Reserve maintained its benchmark interest rate on Wednesday, keeping borrowing costs at their highest level in more than two decades despite a prolonged cooldown of inflation. An interest rate cut is widely expected in the coming months. The Fed issued its latest interest rate decision after a months-long […]
USDA (NEW YORK) — Boar’s Head has expanded its previous recall on several types of deli meats to include an additional 7 million pounds of ready-to-eat meat and poultry products that may be contaminated with listeria. The U.S. Department of Agriculture’s Food Safety and Inspection Service announced an update on Wednesday that Boar’s Head Provisions […]
Bloomberg Creative/Getty Images (WASHINGTON) — The Federal Reserve has held interest rates steady at a 23-year high since last July — but a rate cut is widely expected in the coming months. On Wall Street, the outlook for an interest rate cut has shifted from if to when. The central bank will issue its latest […]
Andrew Harnik/Getty Images (NEW YORK) — Delta Air Lines has reportedly hired a prominent law firm to help the Atlanta-based carrier pursue potential damages from CrowdStrike and Microsoft following the global tech outages that caused a slew of internal computer issues and prompted thousands of canceled flights earlier this month. CNBC first reported that Delta […]
David Sacks/Getty Images (NEW YORK) — Holland America has created some picture perfect cruise itineraries for travelers with celestial events on their adventure bucket list such as seeing the northern lights or a total solar eclipse from the high seas. The Seattle-based cruise line announced a new slate of celestial cruises on Monday that will […]
Oscar Wong/Getty Images (WASHINGTON) — Former President Donald Trump told the audience at a cryptocurrency conference in Nashville, Tennessee, over the weekend that he wants to turn the U.S. into the “crypto capital of the planet.” The remarks thrust digital currency into the forefront of a presidential campaign in which both major candidates are seeking […]
Brandon Bell/Getty Images (NEW YORK) — An outage caused by a software update distributed by cybersecurity firm CrowdStrike triggered a wave of flight cancellations at several major U.S. airlines – but the disruption was most severe and prolonged at Delta Airlines. In all, the carrier canceled more than 2,500 flights over a period that stretched […]
