KVSP Business
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Javier Ghersi/Getty Images (WASHINGTON) — Economists expect fresh data on Tuesday to show that inflation cooled last month, in large part due to a decline in gasoline prices. The data, set to be released by the federal government’s Bureau of Labor Statistics, would cheer policymakers and households bedeviled by inflation that stands well above the […]
Bill Pugliano/Getty Images, FILE (LOUISVILLE, Ky.) — Production workers across two Ford plants in Louisville, Kentucky, voted against a tentative agreement that ended a weekslong strike, a local chapter of the United Auto Workers said on Facebook late Sunday night. By contrast, skilled trade workers at the two plants voted in favor of the agreement, […]
Greg Bajor/Getty Images (NEW YORK) — As Thanksgiving approaches, millions of Americans are gearing up to hit the highway or head to the airport — and some airlines are expecting their busiest Thanksgiving ever. Here’s what you need to know: Thanksgiving travel by air AAA projects 4.7 million travelers will fly over Thanksgiving — a […]
PHOTO: The interior of the Q8 e-tron electric SUV. The interior of the Q8 e-tron electric SUV. — Audi (NEW YORK) — It’s a phenomenon that’s taking over electric vehicles: “Screen fatigue.” Drivers now traverse layers of screens to switch radio channels or turn on the heated seat. Digital dashboards seemingly extend for miles. Buttons […]
Justin Sullivan/Getty Images (NEW YORK) — When Tori Mccun found out that her father had suddenly died in June, grief and stress sapped her resolve to write a eulogy, she said. Despite the misgivings of her three sisters, Mccun turned to ChatGPT. Mccun, 31, a data management specialist at Bloomberg, prompted the textbot to ask questions […]
Scott Olson/Getty Images (WASHINGTON) — President Joe Biden called for unionization across the auto industry and embraced the broader labor movement in an address to members of the United Auto Workers at a car plant in Illinois on Thursday. Biden, who wore a red T-shirt emblazoned with the UAW logo, hailed the union workers for […]
RiverNorthPhotography/Getty Images (NEW YORK) — Wendy’s is enticing its customers with a delicious deal to help them make it through their week. Every Wednesday, beginning Nov. 8, the fast food chain will give out free 6-piece chicken nuggets with a purchase. Available through its app or online, the deals, which include classic or spicy nuggets […]
Mario Tama/Getty Images (LOS ANGELES) — SAG-AFTRA, the union representing approximately 160,000 actors, reached a tentative deal on Wednesday with major TV and movie studios that suspends a strike launched more than three months ago. “In a unanimous vote this afternoon, The SAG-AFTRA TV/Theatrical Committee approved a tentative agreement with the AMPTP bringing an end […]
Adam Gault/Getty Images (NEW YORK) — Credit card debt climbed to a record high in the third quarter of 2023, surging nearly 5% from the previous quarter and leaving a growing share of borrowers late on payments, a Federal Reserve report this week showed. The report demonstrates the dwindling savings held by some consumers who […]
Yuki Iwamura/Bloomberg via Getty Images (NEW YORK) — WeWork, the office-sharing company that experienced a dazzling rise and sudden decline that came to symbolize the excesses of business startup culture, filed for bankruptcy on Monday. In 2019, the company was valued at $47 billion. By last week, that figure had plummeted to $45 million, with shares […]
