KVSP Business
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Bloomberg Creative/Getty Images (WASHINGTON) — The Federal Reserve paused its aggressive series of interest rate hikes on Wednesday, ending a string of 10 consecutive rate increases that stretches back 15 months. Nearly all members of the decision-making committee believe the central bank will need to impose at least one additional rate hike this year, Fed Chair […]
Bloomberg Creative/Getty Images (WASHINGTON) — The Federal Reserve is expected to pause its aggressive series of interest rate hikes on Wednesday, ending a string of 10 consecutive rate increases that stretches back 15 months. The decision arrives a day after fresh data showed consumer prices rose 4% last month compared to a year ago, cooling […]
Wawona via FDA (NEW YORK) — Wawona Frozen Foods, Inc. has issued a voluntary recall on large bags of frozen fruit that were sold at Costco Wholesale stores in five states. The recall includes year-old, 4-pound packages of Wawona Frozen Foods Organic DayBreak Blend that were distributed from April 15, 2022, to June 26, 2022. […]
Carol Yepes/Getty Images (NEW YORK) — Popular Reddit pages, known as “subreddits,” with names like /r/funny, /r/sports, /r/todayilearned and /r/music are currently inaccessible for new posts in a protest over planned changes to the website. The protest is over how the company plans to reshuffle pricing for its application programming interface, or API, which is […]
Javier Ghersi/Getty Images (NEW YORK) — Consumer prices rose 4% last month compared to a year ago, dropping more than expected and bolstering hopes that inflation will return to normal levels. The fresh data for May arrives a day before the Federal Reserve will announce its latest rate decision as it determines whether to extend […]
jayk7/Getty Images (NEW YORK) — For Haley Reyes, there were two questions looming over her senior year in high school at the Urban Assembly New York Harbor School in Manhattan. First, was whether she’d get into her dream school of Syracuse University. Second, was how she’d pay for it without going into crushing debt. The […]
Javier Ghersi/Getty Images (NEW YORK) — Policymakers and consumers on Tuesday will closely watch the release of fresh data on consumer prices, which will show whether inflation has continued its monthslong slowdown. The inflation data for May arrives a day before the Federal Reserve will announce its latest rate decision as it determines whether to […]
Getty Images/Thinkstock/STOCK (NEW YORK) — Jose Velasquez Castellano said he first worked on a farm when he was 8 years old. At age 13, he began working shifts as long as 12 hours each summer in a tobacco field. “My mom was going through a little rough patch financially,” Castellano, who grew up in Greensboro, North […]
PriestmanGoode (NEW YORK) — For wheelchair users, taking a trip that involves flying can often be an undignified hassle. A partnership between a consortium and a major airliner is looking to change that. Oftentimes at the gate, people who use power wheelchairs are lifted out of their seats into narrow wheelchairs designed specifically for airplane […]
Matt Leichenger (NEW YORK) — As wildfire smoke bathed New York City in fumes on Wednesday afternoon, UPS driver Matt Leichenger said he suffered a wave of nausea in the back of his truck with hardly anything he could do about it. “There’s nowhere you can escape to,” Leichenger told ABC News. “Unless you literally […]
