31 Tech Hubs Outside Of Usual U.S. Technology Corridors Get $500M

The Biden administration announced $500 million in grants to cities outside of where the technology industry is largely concentrated.

National Worker Shortage Is A Crisis, Business Lobbying Group Says

The pandemic spurred a “great reshuffling,” with employers losing 1.9 million workers since 2020, a U.S. Chamber of Commerce report shows.

Rite Aid Underperforming Store Closings; What Happens To Prescriptions

Rite Aid said it has obtained $3.45 billion in fresh financing for a restructuring plan to cope with sagging sales and opioid lawsuits.​

Powerball Jackpot Reaches $1.55 Billion

The jackpot is the fourth-largest U.S. lottery prize of all time and the third-largest in the history of the game.

​U.S. Employers Added A Surprisingly Strong 336,000 Jobs In September

The job market has defied an array of threats — notably high inflation and a rapid series of Fed interest rate hikes meant to conquer it.

The 400 Richest Billionaires In America: The Forbes 400 List

America’s 400 richest people have not proven themselves to be overly generous, with only 11 giving away 20 percent or more of their wealth.

Powerball Jackpot Soars Above $1B For 2nd Time This Year

It has been 32 consecutive weeks since a winning Powerball jackpot ticket was sold, allowing the prize to massive proportions.

Everything You Need To Know About The iPhone 15

The iPhone 15 comes with USB-C charging, a Dynamic Island display, camera improvements and more, but is it worth the heavy price tag?

​ At 7.31%, Average 30-Year Mortgage Reaches Highest Point In 23 Years

Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loan, also increased.

‘Question Of When, Not If’: Costco Executive On Membership Increases

“You’ll see it happen at some point,” Costco CFO Richard Galanti told analysts. “We can’t really tell you if it’s in our plans or not.”

Butternut Squash Sold At Costco Stores May Have E. Coli Contamination

The diced organic squash product was sold at stores in Maryland, Pennsylvania, Virginia and Washington, D.C.

Why The Job Market Weathered Interest Rates, High Jobless Predictions

Economists predicted interest hikes would be economically painful. Yet so far, to widespread relief, the reality has been anything but.

What's At Stake As 13,000 Workers Strike Detroit's Big 3 Automakers?

A long strike could cause car prices to rise and other economic pain, particularly in the Midwest where factories are located.

Apple Announces Apple Watch Series 9, Ultra 2 + iPhone 15 Series

In addition to announcing its latest product line on Sept. 12, Apple also announced its new sustainability initiative, Apple 2030.

AI Used To Alter Political Ads Must Be Prominently Disclosed: Google

​Starting in November, Google will require that disclosure of AI to alter images or sound must be clear and conspicuous.

Popular Meat Products Recalled Due To Plastic, Bones: See Details

The recalls affect a Banquet frozen chicken strips meal distributed nationwide and Hillshire sausage product distributed in seven states.

Employers Add 187,000 Jobs In August; Labor Market Remains Resilient

The Federal Reserve wants to see hiring decelerate because strong demand for workers tends to inflate wages and feed inflation.

Rising Employer-Employee Tensions Put Labor Back In Labor Day

An emboldened labor movement has created an environment closer to the era from which Labor Day was born.

Q2 Economic Growth Revised Down To A 2.1% Annual Rate

"Lower growth and weaker increases in prices are good news for the Federal Reserve,'' said Eugenio Aleman, chief economist at Raymond James.

​Climate Change May Drive More Farmers, Ranchers To Costly Irrigation

California, Arizona, Nebraska and other parts of the Central Plains are already struggling with groundwater depletion.

More Safeguards Against AI Risks Needed: White House Science Adviser​

Top concerns are compromised guardrails on the technology of mass destruction and more subtle harms, like the distillation of bias in data.

Several Buy Buy Baby And Harmon Stores Could Reopen Under New Owners

Dream on Me, the new owner of Bed Bath & Beyond sibling Buy Buy Baby, says 11 stores will reopen as soon as this fall and more may follow.

U.S. Employers Add 187,000 Jobs In June; Jobless Rate Dips To 3.5%

Economists are increasingly confident that inflation fighters at the Fed can pull off a rare "soft landing'' without triggering a recession.

Prepare To Switch Off Incandescent Bulbs For Good Under New Rules

The Energy Department rules on incandescent lightbulbs have been whipsawed in the political process for years but kicked in this week.

U.S. Government's Debt Has Been Downgraded: What You Need To Know

Fitch Ratings cited the federal government's rising debt burden and the political difficulties in addressing spending and tax policies.

​Mega Millions Soars To $1.35B; May Climb Higher Before Friday Drawing

The Mega Millions jackpot, which hasn’t been won since April, stands at $1.35 billion — the fourth-largest prize in the history of the game.

​Yellow Shutting Down, Headed For Bankruptcy, Teamsters Union Says

The bankruptcy reports bring renewed attention to Yellow's negotiations with the Teamsters, a $700 million pandemic loan and other debts.

​U.S. Price And Wage Hikes Slow In Latest Signs Of Cooling Inflation

Consumer prices rose in June at their slowest pace in more than two years and wage growth cooled last quarter.

​Fed Raises Key Rate For 11th Time By A Quarter-Point

A key question swirling around the Fed is whether Wednesday's increase will be its last or whether it will hike again later this year.

U.S. Consumer Confidence Jumps To A 2-Year High As Inflation Eases

The index measures Americans' assessment of current economic conditions and their outlook for the next six months. Both improved in July.

UPS, Teamsters Reach Contract Deal, Averting Calamitous Strike

The Teamsters called the tentative agreement, which adds higher wages and air conditioning to delivery trucks, "overwhelmingly lucrative."

Elon Musk Reveals New 'X' Logo To Replace Twitter's Blue Bird

It's yet another change Musk has made since buying Twitter that has alienated users and turned off advertisers, leaving the site vulnerable.

Tech Giants Agree To AI Safeguards Set By White House

Amazon, Google, Meta and Microsoft, along with ChatGPT-maker OpenAI and startups Anthropic and Inflection, committed to security testing.

‘Barbie’ Movie Opening Marketing Blitz Colors The World Pink

There’s no escaping Mattel’s Barbicore pink, even if you don’t see the “Barbie” movie starring Margot Robbie and Ryan Gosling.

Consumers See Grocery Bill Relief, But Still Pay More Than A Year Ago

June was the 12th consecutive month that consumer price increases have slowed, and they’re at their lowest point since early 2021.

What Looming UPS Strike Would Mean For Consumers And Businesses

No one — neither consumers, merchants nor UPS itself — benefits from a strike by the 340,000 delivery drivers nationwide, experts say.

​Inflation Drops To 3%, Biden Hopes To Turn Weakness Into Strength

Biden's team quickly seized on the report as proof his policies are working. Republicans continue to hammer on pandemic relief, EVs and more

​Bank Of America To Pay $250M For 'Double-Dipping,' Phony Accounts

BofA must pay for "double-dipping" on overdraft fees, withholding credit card reward bonuses and opening accounts without customer consent.

​What Is Threads? What You Need To Know About Meta's New Twitter Rival

Meta's Threads comes as many look for Twitter alternatives to escape Elon Musk's raucous oversight of Twitter after acquiring the platform.

Powerball Jackpot Climbs To $615M; MegaMillions Rises To $450M

Both the Powerball and Mega Millions jackpots have been growing since April, when winners claimed the top prizes in each game.