FDA upgrades cookie recall to highest danger level over undeclared peanuts
The Food and Drug Administration announced that a recall of cookie products has been upgraded to its most serious risk category over the potential presence...
Category : Business
Fed’s favored inflation gauge shows consumer prices remained elevated in November
The Federal Reserve’s preferred inflation gauge showed that consumer prices remained elevated in November, ahead of the central bank’s policy meeting next week. The Commerce Department...
Effort to rein in Wall Street landlords could push US home prices up, investors say
President Donald Trump’s push to restrict Wall Street investors from buying up single-family homes in the name of promoting affordability could have the opposite effect and...
GameStop shuttering 30 New York locations as part of nationwide closures linked to falling sales
GameStop is shutting down roughly 30 stores in New York as part of a nationwide shuttering that will impact at least 470 locations by the...
Washington’s proposed millionaire tax sparks concerns of broader levy, ‘damage’ to state’s economy
Washington state GOP Chairman Jim Walsh is pushing back against Gov. Bob Ferguson’s proposed “millionaire tax,” warning that it could affect more than the state’s...
Americans’ paychecks grow stronger as Main Street shows new economic strength
Recent economic data shows signs of growing strength on Main Street, as Americans’ take-home pay ticks higher and contributes to rising retail sales and home purchases...
13K pounds of ready-to-eat grilled chicken breasts recalled over possible listeria contamination
More than 13,000 pounds of ready-to-eat grilled chicken breasts were recalled over fears they may be contaminated with listeria monocytogenes, according to the Department of...
AI raises average wages by 21% and substantially reduces’ wage inequality, researchers find
Artificial intelligence “substantially reduces wage inequality while raising average wages by 21 percent,” according to a new working paper co-authored by an assistant professor at Stanford...
Trump takes aim at prescription drug ‘middlemen’ with new healthcare plan
The Trump administration said it plans to eliminate kickbacks involving pharmacy benefit managers (PBMs) as part of its goal to lower health insurance for Americans. ...
US CEOs fear economic uncertainty more than their global peers as they head into 2026
The main worry facing CEOs of U.S. companies as 2026 begins is economic uncertainty, which is a bigger concern for American business leaders than their global...