Business

Bloomberg Creative/Getty Images (NEW YORK) — Federal Reserve Chair Jerome Powell on Wednesday voiced an optimistic message about the U.S. economy and downplayed the threat of a recession. “The U.S. economy has actually been quite resilient,” Powell said in Sentra, Portugal, at a conference organized by the European Central Bank. While acknowledging that a recession […]

Starbucks (NEW YORK) — Amid much back-and-forth between Starbucks and some of its workers who claim the company stopped Pride decorations from being displayed in some locations, some union employees have gone on strike to try to send a louder message. Starbucks Workers United (SWU) announced in a press release Monday, sent to ABC News, […]

Maskot/Getty Images (NEW YORK) — Natasha Jackson faced what she says was pregnancy discrimination 13 years ago. She was three months pregnant with her third child when she was put on leave from her job as an account manager at a local furniture store in Charleston, South Carolina. Jackson told ABC News that her workplace […]

IronHeart/Getty Images (WASHINGTON) — The federal government squandered more than $200 billion in potential fraud in its aggressive rush to prop up small businesses as the COVID-19 pandemic threatened to shatter the U.S. economy, according to a report published Tuesday by the inspector general of the Small Business Administration. The hefty sum, which amounts to approximately […]

CHUYN/Getty Images (NEW YORK) — Airlines have canceled more than 5,200 flights since Saturday in the U.S. and United Airlines CEO claimed the Federal Aviation Administration staffing and inexperience is partly to blame. United CEO Scott Kirby sent a letter to United employees on Monday, blaming the FAA for travel disruptions this past weekend at Newark […]

American Farm Bureau (NEW YORK) — The average cost of a 4th of July cookout is slightly down, but families are still feeling the pinch of inflation and other cost catalysts on groceries. According to The American Farm Bureau’s annual marketbasket survey, the average cost for a 4th of July cookout will cost about $67.73 […]

Kinga Krzeminska/Getty Images (NEW YORK) — Costco Wholesale is cracking down on customers sharing membership cards at the self-service checkout. The big box retailer will require shoppers at the self-checkout kiosks show their membership cards with their photo before they can begin scanning after the company noticed non-members were borrowing the non-transferrable cards to get […]

IronHeart/Getty Images (WASHINGTON) — The federal government squandered more than $200 billion in its aggressive rush to prop up small businesses as the COVID-19 pandemic threatened to shatter the U.S. economy, according to a report published Tuesday by the inspector general of the Small Business Administration. The hefty sum, which amounts to approximately 17% of […]

Marko Geber/Getty Images (NEW YORK) — When Michael Arney, the founder of an eight-person marketing design agency in Minneapolis, Minnesota, learned an employee was leaving for a 50% raise at a larger company, he knew he had to make a change or it would happen again. “I just couldn’t compete with the monetary offer,” said […]

Craig Hastings/Getty Images (NEW YORK) — Say you’re looking to fly from Las Vegas to Charlotte, North Carolina. The flight costs $500. But a flight from Las Vegas to Washington, D.C., with a layover in Charlotte costs only $300. Hypothetically, a traveler could use their layover as their final destination, skipping the last leg of […]