Business

Douglas Sacha/Getty Images (NEW YORK) — Inflation bedeviled the U.S. economy for years, but a cooldown in price increases has shifted concern toward a different foe: Unemployment. Hiring remains solid but has slowed dramatically from a peak achieved during the nation’s rebound from the pandemic. The unemployment rate still hovers near historic lows but has […]

Anton Petrus/Getty Images (NEW YORK) — The Federal Reserve handed down a large interest rate cut this week, dialing back the central bank’s fight against inflation and signaling welcome relief for borrowers. It remains to be seen, however, whether the Fed will continue to lower rates and further ease the burden for people and companies […]

Grace Cary/Getty Images (NEW YORK) — The Federal Reserve delivered a jumbo-sized rate cut this week in a move widely viewed as a declaration of victory over inflation and a signal of relief for borrowers. Few areas of the economy welcomed the news more than the nation’s sluggish housing market, where high mortgage rates have […]

Karl Tapales/Getty Images (NEW YORK) — Instagram this week unveiled mandatory accounts for teens that bolster privacy protections, enable parental supervision, and restrict notifications during overnight hours. New and existing users under the age of 18 will be automatically enrolled in what Instagram is calling “Teen Accounts,” the company said. The move comes 16 months […]

Bloomberg Creative/Getty Images (NEW YORK) — The Federal Reserve cut its benchmark interest rate a half of a percentage point on Wednesday in a landmark decision that dials back its years-long fight against inflation and could deliver relief for borrowers saddled with high costs. The central bank’s first rate cut since 2020 came after a […]

Bloomberg Creative/Getty Images (NEW YORK) — The Federal Reserve cut its benchmark interest rate a half of a percentage point on Wednesday in a landmark decision that dials back its years-long fight against inflation and delivers relief for borrowers saddled with high costs. The central bank’s first rate cut since 2020 came after a recent […]

Taco Bell (NEW YORK) — For anyone who marks their calendars timed to food celebrations, Taco Bell has a new date for you to highlight in October that aligns perfectly with a delicious day of the week — Taco Tuesday. The California-based fast food chain announced Tuesday that this year, National Taco Day will fall […]

Tom Merton/Getty Images (NEW YORK) — Drivers have enjoyed a sharp decline in gasoline prices over recent weeks — and the good times are expected to continue. Gas prices have plummeted about 13% from a 2024 peak in April, which amounts to a decline of nearly 50 cents per gallon, according to AAA data shared […]

Namthip Muanthongthae/Getty Images (NEW YORK) — After once deriding cryptocurrency as a “scam,” former President Donald Trump on Monday formally threw his support behind World Liberty Financial, a crypto venture whose business model remains largely unclear but has already drawn scrutiny as a potential ethics headache for his administration if he returns to the White […]

Bloomberg Creative/Getty Images (NEW YORK) — The Federal Reserve is set to make a pivotal decision about its benchmark interest rate on Wednesday that could dial back its years-long fight against inflation. Investors widely expect the Fed to cut interest rates for the first time since 2020, delivering long-sought relief for consumers saddled by high […]