Business
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Bloomberg Creative/Getty Images (NEW YORK) — Federal Reserve Chair Jerome Powell on Wednesday voiced an optimistic message about the U.S. economy and downplayed the threat of a recession. “The U.S. economy has actually been quite resilient,” Powell said in Sentra, Portugal, at a conference organized by the European Central Bank. While acknowledging that a recession […]
Catherine McQueen/Getty Images (NEW YORK) — Across the nation, more than $20 billion is waiting to be reclaimed by citizens who may not even know they may be owed cash from “unclaimed property,” which can include uncashed paychecks, refunds or deposits. “It turns out so many people have unclaimed property. You may be in for […]
Maskot/Getty Images (NEW YORK) — Natasha Jackson faced what she says was pregnancy discrimination 13 years ago. She was three months pregnant with her third child when she was put on leave from her job as an account manager at a local furniture store in Charleston, South Carolina. Jackson told ABC News that her workplace […]
IronHeart/Getty Images (WASHINGTON) — The federal government squandered more than $200 billion in potential fraud in its aggressive rush to prop up small businesses as the COVID-19 pandemic threatened to shatter the U.S. economy, according to a report published Tuesday by the inspector general of the Small Business Administration. The hefty sum, which amounts to approximately […]
CHUYN/Getty Images (NEW YORK) — Airlines have canceled more than 5,200 flights since Saturday in the U.S. and United Airlines CEO claimed the Federal Aviation Administration staffing and inexperience is partly to blame. United CEO Scott Kirby sent a letter to United employees on Monday, blaming the FAA for travel disruptions this past weekend at Newark […]
American Farm Bureau (NEW YORK) — The average cost of a 4th of July cookout is slightly down, but families are still feeling the pinch of inflation and other cost catalysts on groceries. According to The American Farm Bureau’s annual marketbasket survey, the average cost for a 4th of July cookout will cost about $67.73 […]
Kinga Krzeminska/Getty Images (NEW YORK) — Costco Wholesale is cracking down on customers sharing membership cards at the self-service checkout. The big box retailer will require shoppers at the self-checkout kiosks show their membership cards with their photo before they can begin scanning after the company noticed non-members were borrowing the non-transferrable cards to get […]
IronHeart/Getty Images (WASHINGTON) — The federal government squandered more than $200 billion in its aggressive rush to prop up small businesses as the COVID-19 pandemic threatened to shatter the U.S. economy, according to a report published Tuesday by the inspector general of the Small Business Administration. The hefty sum, which amounts to approximately 17% of […]
Craig Hastings/Getty Images (NEW YORK) — With less than one week to go until the Fourth of July holiday weekend, here’s what you need to know before hitting the highway or heading to the airport. The roads About 43.2 million people are expected to hit the road for the July 4th holiday — up 2.4% […]
RapidEye/Getty Images (NEW YORK) — 3M announced Thursday it has agreed to pay $10.3 billion in settlements in response to allegations in polluted water in towns and cities across the United States with toxic chemicals. The company, which makes several consumer products, including Command strips, Scotch tape and Ace bandages, said the settlement would be […]