Business
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Douglas Sacha/Getty Images (NEW YORK) — A better-than-expected jobs report on Friday displayed the resilient strength of the U.S. economy, even after years of high interest rates and stubborn inflation. Employers hired 272,000 workers last month, blowing past economist expectations of 190,000 jobs added, U.S. Bureau of Labor Statistics data showed. The unemployment rate ticked […]
Lourdes Balduque/Getty Images (NEW YORK) — Jessica Morrison and Jason West, a Philadelphia-area couple with a 4-year-old daughter, stood on the verge of a financial breakthrough. West was breezing through the hiring process to become a driver at UPS, a job that paid $400 a week and would supplement Jessica’s salary as a state employee. […]
Javier Ghersi/Getty Images (NEW YORK) — Prominent backers have poured billions into a new Texas-based stock exchange that aims to attract companies with what it considers more business-friendly rules than those of the New York Stock Exchange and the Nasdaq. The Texas Stock Exchange, which boasts funding from market maker Citadel Securities and asset manager […]
In an aerial view, the Walt Disney World resorts and theme park sit along the Seven Seas Lagoon on February 8, 2023 in Orlando. (Joe Raedle/Getty Images) (NEW YORK) — Disney and appointees of Florida Gov. Ron DeSantis have officially approved an agreement that could result in the company investing $17 billion into its Florida […]
Greg Bajor/Getty Images (NEW YORK) — Aviation industry executives gathered in Dubai for the annual International Air Transport Association meeting this week, where they revealed that despite record high profit projections, airfare will continue to climb in the coming months. The group says its pricing prediction is partly due to global inflation and long-term recovery […]
Karl Tapales/Getty Images (NEW YORK) — AT&T has resolved the “interoperability issue between carriers” customers were experiencing on Tuesday, the company said in a statement. Customers began reporting a “nationwide issue that is affecting” their ability to call non-AT&T users, AT&T said at the time. The company later clarified the network “did not experience a […]
Priceless Pets volunteer Mary Green of Chino Hills, places new collars on some of the 200 beagles who were among 4,000 dogs freed from a Virginia breeding facility, moments after the dogs arrived in two trailers at Priceless Pets, a nonprofit rescue, in Chino Hills on July 23, 2022. (Mark Rightmire/Orange County Register via Getty […]
Bruce Bennett/Getty Images (NEW YORK) — Shares of GameStop climbed more than 75% in early trading on Monday, triggering a halt in markets multiple times on account of the volatility. The rally softened over the ensuing hours, but the price remained up 30% into the late morning. The surge followed the reemergence on Sunday of […]
Klaus Vedfelt/Getty Images (NEW YORK) — Live Nation, the parent company of Ticketmaster, revealed Friday evening that it was the victim of a cyber attack that compromised user data. The company said in a filing with the U.S. Securities and Exchange Commission that it discovered an “unauthorized activity within a third-party cloud database,” on May […]
In an aerial view, Royal Caribbean’s Icon of the Seas, billed as the world’s largest cruise ship, heads out to sea for its second voyage from PortMiami, Feb. 3, 2024, in Miami. (Joe Raedle/Getty Images) (NEW YORK) — Mega ship cruise line Royal Caribbean International is making waves rolling out an industry-first status matching program […]