KVSP Business
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Noel Hendrickson/Getty Images (NEW YORK) — Millions of Americans rely on the Supplemental Nutrition Assistance Program, or SNAP, for benefits to supplement their grocery budget to afford nutritious foods. As of Oct. 1, the program received a much-needed boost to help meet the increased cost of living and inflation. The program, overseen by the United […]
Patrick T. Fallon/AFP via Getty Images (NEW YORK) — An ongoing strike carried out by tens of thousands of autoworkers has cost the U.S. economy billions of dollars, denying workers their wages and cutting output at car companies, according to a study from a Michigan-based research firm that was reviewed by ABC News. Over its […]
ABC News (NEW YORK) — The trial of Sam Bankman-Fried, FTX founder and former crypto billionaire, is set to begin Tuesday with jury selection after federal prosecutors accused him of orchestrating one of the largest financial frauds in U.S. history. Jury selection is expected to take place Tuesday, and the trial could last as long […]
Catherine McQueen/Getty Images (NEW YORK) — An estimated $1.04 billion jackpot is up for grabs in the next Powerball drawing on Monday night. It’s the fourth-largest purse in the American lottery game’s history and the second-largest this year, according to a press release from Powerball. The grand prize, which has an estimated cash value of […]
Grace Cary/Getty Images (LOS ANGELES) — Gasoline prices in California are skyrocketing. The average price of a gallon of gas in California on Friday reached $6.08, up some 80 cents or 15% since a month ago, according to data compiled by AAA. At some gas stations in Los Angeles, prices are hovering around $7.00 a […]
John Keeble/Getty Images (SAN FRANCISCO) — The U.S. Equal Employment Opportunity Commission filed a federal lawsuit Thursday against Tesla, alleging the company engaged in racial harassment and discrimination. The complaint, which was filed in the U.S. District Court for the Northern District of California, comes following an EEOC investigation into Tesla’s treatment of Black employees. […]
Scott Olson/Getty Images (DETROIT) — A labor strike against the three largest motor vehicle manufacturers in the United States is expected to be expanded further on Friday amid ongoing contract negotiations. If no deal is reached overnight, United Auto Workers President Shawn Fain will deliver remarks at 10 a.m. ET announcing new targets to strike, […]
jayk7/Getty Images (NEW YORK) — In the first week of October, Kennedy Quintanilla will do something she has not had to do since graduating from college two years ago: make a student loan payment. “Reality is setting in,” Quintanilla, a 2021 graduate of the University of Texas at Austin with over $26,000 in student loan […]
Eric Thayer/Bloomberg via Getty Images (NEW YORK) — The top brass at the Writers Guild of America approved a tentative agreement with the studios on Tuesday, ending a nearly 150-day strike and sending the deal to roughly 11,000 members for ratification. Hollywood writers will begin casting their votes on Monday and, if a majority supports […]
Costco (NEW YORK) — Costco shoppers might want to check their home pantry to ensure any broth they may have purchased from the big box retailer is not impacted by a recent recall. In a Sept. 22 recall letter to Costco members on the wholesaler’s website, TreeHouse Foods announced that its 32-ounce cartons of Culinary […]
