Business

KLH49/Getty Images (WASHINGTON) — The economy appears to be holding steady, with the arrival of the Labor Department’s latest jobs report. Employers hired 206,000 workers in June, making for 42 consecutive months of growth, according to new data from the U.S. Bureau of Labor Statistics. Still, the unemployment rate ticked higher to 4.1%, reaching that […]

United States Consumer Product Safety Commission (NEW YORK) — This story has been corrected to specify that the power adapters are being recalled. Hatch, a popular sleep aid device company, has recalled more than 900,000 Rest 1st Generation sound machine adapters due to a shock hazard. “In partnership and compliance with the Consumer Product Safety […]

United States Consumer Product Safety Commission (NEW YORK) — Hatch, a popular sleep aid device company, has recalled more than 900,000 of its Rest 1st Generation sound machines due to a shock hazard. “In partnership and compliance with the Consumer Product Safety Commission (CPSC), Hatch has issued a voluntary recall for power adapters issued with […]

USDA (NEW YORK) — More than 4,600 pounds of liquid egg products have been pulled from shelves due to “misbranding and undeclared allergens.” Michael Foods Inc. has issued a recall on approximately 4,620 pounds of liquid egg products that contained milk, which is a known allergen but was not declared on the product label, the […]

Lourdes Balduque/Getty Images (NEW YORK) — Jessica Morrison and Jason West, a Philadelphia-area couple with a 4-year-old daughter, stood on the verge of a financial breakthrough. West was breezing through the hiring process to become a driver at UPS, a job that paid $400 a week and would supplement Jessica’s salary as a state employee. […]

Javier Ghersi/Getty Images (NEW YORK) — Prominent backers have poured billions into a new Texas-based stock exchange that aims to attract companies with what it considers more business-friendly rules than those of the New York Stock Exchange and the Nasdaq. The Texas Stock Exchange, which boasts funding from market maker Citadel Securities and asset manager […]

In an aerial view, the Walt Disney World resorts and theme park sit along the Seven Seas Lagoon on February 8, 2023 in Orlando. (Joe Raedle/Getty Images) (NEW YORK) — Disney and appointees of Florida Gov. Ron DeSantis have officially approved an agreement that could result in the company investing $17 billion into its Florida […]

Greg Bajor/Getty Images (NEW YORK) — Aviation industry executives gathered in Dubai for the annual International Air Transport Association meeting this week, where they revealed that despite record high profit projections, airfare will continue to climb in the coming months. The group says its pricing prediction is partly due to global inflation and long-term recovery […]

Karl Tapales/Getty Images (NEW YORK) — AT&T has resolved the “interoperability issue between carriers” customers were experiencing on Tuesday, the company said in a statement. Customers began reporting a “nationwide issue that is affecting” their ability to call non-AT&T users, AT&T said at the time. The company later clarified the network “did not experience a […]

Bruce Bennett/Getty Images (NEW YORK) — Shares of GameStop climbed more than 75% in early trading on Monday, triggering a halt in markets multiple times on account of the volatility. The rally softened over the ensuing hours, but the price remained up 30% into the late morning. The surge followed the reemergence on Sunday of […]