Business

Anchalee Phanmaha/Getty Images (NEW YORK) — Continued recession fears and a cascade of tech industry layoffs have drawn renewed attention to severance packages, the compensation offered to some departing employees. Severance packages, which range widely in size and duration, offer newly unemployed workers a financial buffer as they face an uncertain job market. But laid-off […]

Nicky J Sims/Getty Images, FILE (NEW YORK) — Human-made chemicals known as PFAS are back in the spotlight after the feminine hygiene company Thinx settled a class-action lawsuit earlier this month for millions of dollars. The lawsuit was brought against Thinx by customers who claimed testing showed the brand’s period underwear — advertised by the […]

Curt Dell said he lost more than $200,000 worth of Bitcoin after Celsius filed for bankruptcy. – ABC News (NEW YORK) — It seemed like cryptocurrency was having a moment. At the start of 2022, the Super Bowl featured celebrities like Tom Brady, Larry David and Matt Damon in commercials for crypto companies. Logos for […]

Javier Ghersi/Getty Images (WASHINGTON) — The U.S. economy grew robustly at the end of last year, defying recession fears and weathering an aggressive series of interest rate hikes from the Federal Reserve, government data showed. U.S. gross domestic product grew by a 2.9% annualized rate over the three months ending in December, according to data […]

Mattel (NEW YORK) — Barbie is honoring the life and legacy of Bessie Coleman with a new doll. Coleman, whose birthday falls on Jan. 26, was the first Black and Native American female aviator and the first Black person to ever earn an international pilot’s license. The late American pioneer is being honored as part […]

Javier Ghersi/Getty Images (WASHINGTON) — Investors, business leaders and everyday Americans will be keeping a close watch on the release of gross domestic product data on Thursday, as inflation eases but recession fears still loom. The data for the final three months of 2022 will show whether the economy continued to expand or reverted back […]