(NEW YORK) -- Tens of thousands of dockworkers are set to strike as soon as Oct. 1, potentially snarling dozens of ports along the East and Gulf coasts with major implications for the U.S. economy.A shutdown of the ports would cost the economy up to $4.5 billion each day, according…
(NEW YORK) -- When a man claiming to own a vacant Randolph, New Jersey, investment property called real estate agent Lisa Shaw last summer, she thought it would be the start of another typical real estate transaction in the Garden State suburbs."He said he had this piece of property for…
(NEW YORK) -- If you've opened Instagram over the last few days, you've likely seen a post that begins with the words "Goodbye Meta AI."The post, most often shared on Instagram stories, features black-and-white text warning of "legal consequences" and the use of artificial intelligence by Meta, the parent company…
(NEW YORK) -- Much like its fellow fast food competitors slashing prices and offering special discounts to lure in customers, Arby's is adding a new deal to its menu with its Double the Meats Meal.For just $7, the new Double the Meats Meal includes a Double Roast Beef or Double…
(WASHINGTON) -- Former President Donald Trump has raised few policies on the campaign trail more often than tariffs, which he says would rejuvenate manufacturing, create jobs, restrain immigration and help bankroll childcare, among other benefits.In recent days, he has claimed another advantage of tariffs: They don't require support from Congress.…
(NEW YORK) -- The Senate Permanent Subcommittee on Investigations published a memo Wednesday including new details about Boeing safety failings relating to the Alaska Airlines door plug incident in January.The memo -- released ahead of Federal Aviation Administration Administrator Michael Whitaker's planned testimony before the subcommittee on Wednesday -- suggested…
(NEW YORK) -- Inflation bedeviled the U.S. economy for years, but a cooldown in price increases has shifted concern toward a different foe: Unemployment.Hiring remains solid but has slowed dramatically from a peak achieved during the nation's rebound from the pandemic. The unemployment rate still hovers near historic lows but…
(NEW YORK) -- The Federal Reserve handed down a large interest rate cut this week, dialing back the central bank's fight against inflation and signaling welcome relief for borrowers.It remains to be seen, however, whether the Fed will continue to lower rates and further ease the burden for people and…
(NEW YORK) -- The Federal Reserve delivered a jumbo-sized rate cut this week in a move widely viewed as a declaration of victory over inflation and a signal of relief for borrowers.Few areas of the economy welcomed the news more than the nation’s sluggish housing market, where high mortgage rates…
(NEW YORK) -- Instagram this week unveiled mandatory accounts for teens that bolster privacy protections, enable parental supervision, and restrict notifications during overnight hours.New and existing users under the age of 18 will be automatically enrolled in what Instagram is calling "Teen Accounts," the company said.The move comes 16 months…
