Business

Tim Graham/Getty Images (WASHINGTON) — The chief executives of the nation’s top social media companies will testify before Congress on Wednesday in a hearing intended to drum up support for federal legislation to safeguard children from the online world. The Senate Judiciary Committee will hear from Linda Yaccarino, the chief of X, formerly known as […]

Bloomberg Creative/Getty Images (WASHINGTON) — Washington, D.C., and Wall Street will closely watch an announcement from the Federal Reserve on Wednesday about whether to shift its benchmark interest rate. The move marks the first such decision since the Fed said last month that it expects to cut rates in 2024. Economists expect the Fed to […]

David Becker/Getty Images (WASHINGTON) — When then-President Donald Trump falsely declared victory days after Election Night in 2020, dozens of CEOs at the nation’s top companies assembled on a Zoom call to prevent what they feared could be the end of democracy in the U.S. As Trump stands poised to win the Republican nomination in the […]

courtneyk/Getty Images (NEW YORK) — As the 2024 tax season kicked off across the nation Monday, the Internal Revenue Service is offering some new services it says will help make filing easier for taxpayers. The IRS is now offering Free File and Direct File for qualifying taxpayers and expanded in-person services through its Taxpayer Assistance […]

Karl Tapales/Getty Images (NEW YORK) — Manhattan District Attorney Alvin Bragg is raising red flags on what he calls a growing problem linked to the rise of mobile payment services such as Venmo, Zelle and Cash App. And Bragg said he is looking forward to working with those companies to secure people’s money. Bragg told […]

Hisham Ibrahim/Getty Images (NEW YORK) — As the tax filing season began Monday, the IRS Criminal Investigation division urged taxpayers to protect themselves from scams. Some of those scams include questionable refund schemes, return preparer fraud, abusive tax schemes, according to the agency. “Tax crimes surge during filing season because criminals steal unknowing taxpayers’ information, […]

Anton Petrus/Getty Images (NEW YORK) — Former president Donald Trump trounced his Republican opponents in the first two primary contests, setting the course for a potential general election rematch with likely Democratic nominee President Joe Biden. The decisive issue, according to polls, may prove to be the economy. Seventy-four percent of Americans say the economy […]

Energy Secretary Jennifer Granholm addresses Americans’ concerns about owning an electric vehicle in an interview with ABC News’ Morgan Korn. — ABC News (NEW YORK) — You’ve seen them on the roads, at the local Walmart, maybe in your neighbor’s driveway. Electric vehicles are proliferating across the nation, yet so many Americans still have questions […]

CEO Elon Musk attends the Atreju political meeting organised by the young militants of Italian right wing party Brothers of Italy – CREDIT: Future Publishing/Getty Images (NEW YORK) — Days after Elon Musk bought X for $44 billion last year, he strolled through the glass doors at company headquarters carrying a kitchen sink. “Let that […]

FDA (NEW YORK) — Over 675,000 cans of baby formula are being recalled for possible bacterial contamination, the company announced. Reckitt and Mead Johnson Nutrition, the makers of Enfamil and Nutramigen, announced Saturday it was voluntarily recalling cans of Nutramigen Hypoallergenic Infant Formula Powder, a specialty formula given to infants with cow’s milk allergy, following […]