Business
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Javier Ghersi/Getty Images (NEW YORK) — Consumer prices rose 4.9% last month compared to a year ago, extending a monthslong slowdown and bolstering hopes that inflation will continue its return back to normal levels. The fresh data aligns with the Federal Reserve’s effort to slow the economy and slash prices while averting a recession. The […]
Gabriela Tulian/Getty Images (NEW YORK) — Customers at the bakery Nothing Bundt Cake, in Memphis, Tennessee, choose items from snickerdoodle, red velvet and blueberry bliss, among other flavors. But patrons cannot avoid the surging prices. Amy Lupo, who runs three Memphis-area company franchises, said a jump in the cost of ingredients over the past year […]
Javier Ghersi/Getty Images (NEW YORK) — Fresh inflation data on Wednesday will show whether price hikes slowed for the tenth consecutive month in April, easing financial pain for U.S. households and bolstering hopes that price increases are on their way back to normal levels. The data arrives one week after the Federal Reserve escalated an […]
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Andrew Harrer/Bloomberg via Getty Images (NEW YORK) — It’s the end of an era. Netflix announced Tuesday that it would be sending its last red envelope on Sept. 29, 2023, ending its DVD mailing service after 25 years. “Our goal has always been to provide the best service for our members but as the business […]
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A scene from “Abbott Elementary.” — Scott Everett White/ABC (LOS ANGELES) — Hollywood writers are calling on the studios to show them the money. Thousands of television and movie writers voted overwhelmingly to authorize a strike when their contracts run out on May 1, unions representing the writers said on Monday. The move sets TV […]
ermingut/Getty Images (NEW YORK) — McDonald’s burgers have been an American classic since 1955. Now, the iconic fast food chain is planning some changes, including how they cook their quintessential burgers. For their signature Big Mac, McDouble, cheeseburger and hamburger, McDonald’s is promising softer buns, caramelized patties cooked with white onions on the grill, cheese […]
stockcam/Getty Images (NEW YORK) — Are you gearing up for one of the biggest shopping events of the year? Here’s what we know about Amazon Prime Day right now. Though the company has not made its official announcement, Amazon Prime Day historically is in mid-July originally celebrating Amazon’s Birthday, which is July 5. As we […]
