Slowing but steady job market reported in August

Slowing but steady job market reported in August

(NEW YORK) -- Concerns about inflation have increasingly turned to concerns about the job market. Last month’s weaker than expected jobs report led to turmoil in stocks.The U.S. added 142,000 jobs in August, according to the Bureau of Labor Statistics report on Friday. The figure was lower than expectations.The reports…
Safety regulators call for investigation into Shein, Temu

Safety regulators call for investigation into Shein, Temu

(NEW YORK) -- Federal safety regulators are calling for an investigation into popular Chinese e-commerce websites Shein and Temu over concerns shoppers can easily purchase baby and toddler products that do not meet U.S. safety regulations.In a joint letter Monday, Consumer Product Safety Commission Commissioners Peter A. Feldman and Douglas…
Waymo takes to the streets in more cities

Waymo takes to the streets in more cities

(LOS ANGELES) -- Waymo, the self-driving car division of Alphabet, first began offering its autonomous rideshare service on the streets of San Francisco earlier this year. Now the company is expanding, recently launching in Los Angeles.Waymo’s electric Jaguar I-Pace SUVs operate as taxis, except there's nobody in the driver’s seat.…
Fisher-Price recalling over 366K dumbbell toys due to potential choking hazard

Fisher-Price recalling over 366K dumbbell toys due to potential choking hazard

(NEW YORK) -- Toy giant Fisher-Price is recalling hundreds of thousands of dumbbell toys due to a potential choking hazard.The dumbbell toys were included in the Fisher-Price Baby Biceps Gift Set, according to the Consumer Product Safety Commission, which announced the recall on Thursday. About 366,200 recalled units were sold…
United Airlines flight attendants vote to authorize strike: Will it impact travel?

United Airlines flight attendants vote to authorize strike: Will it impact travel?

(NEW YORK) -- United Airlines flight attendants, represented by the Association of Flight Attendants, moved closer to a strike Wednesday after the union announced that 99.99% of service members voted in favor of strike authorization.The vote included 90% of the United Airlines flight attendant staff.Among the strike requests, flight attendants…
High interest rates make hunt for a new home even more challenging

High interest rates make hunt for a new home even more challenging

(NEW YORK) -- Rising inflation has driven mortgage rates up, making it difficult for many Americans to find an affordable home. As a result, many potential buyers find themselves waiting for an interest rate cut to bring mortgage prices down.For more than a year, LaToya Trotter has worked closely with…
How much will the Fed cut interest rates? Experts weigh in

How much will the Fed cut interest rates? Experts weigh in

(WASHINGTON) -- Borrowers eager for the Federal Reserve to abandon high interest rates could not have scripted a better four-word declaration than the one on Friday from Fed Chair Jerome Powell: "The time has come."Powell indicated that the Fed would soon bring interest rates down from a 23-year high. The…