The Federal Reserve’s decision Wednesday to initiate the first of what is expected to be a series of interest rate hikes will make debt more expensive for U.S.
Category Archives: business
Fed raises interest rates for first time since 2018 by a quarter of a point
The Federal Reserve announced a quarter-percentage point interest rate increase Wednesday — nearly two years to the day after the central bank slashed its
Will owning an electric vehicle save you money?
High gas prices are spurring more drivers to think about switching to EVs. Will an electric car actually save you money? Here are factors to consider.
Papa John's faces backlash after American Russia franchisee refuses to close 190 stores
Pizza chain Papa John’s is facing heavy criticism on social media after an American franchise operator in Russia refused to close 190 stores.
Starbucks CEO is retiring, and Howard Schultz is returning as interim chief
Starbucks CEO Kevin Johnson is retiring after five years on the job.
A guide to stock splits
Amazon has announced plans for a 20-to-1 stock split in May, if shareholders approve.
Latinas can 'work until they die' and never recover wage gap losses, expert says
A report released ahead of Equal Pay Day shows how income inequality can cost Latinas over $1.1 million in lifetime losses.
Manchin won't support Biden Fed nominee Sarah Bloom Raskin
Sen. Joe Manchin said Monday that he is “unable” to support President Joe Biden’s nomination of Sarah Bloom Raskin for the Federal Reserve Board.
Gas thefts on the rise as prices soar
With the national average of gas prices at $4.33 a gallon, Americans are feeling the pain at the pump, but they’re also falling victim to crime. Criminals are now targeting unattended vehicles and stealing their fuel by drilling holes in the tank.
Uber adds fuel surcharge, citing high gas prices
Uber is adding a surcharge on fares and deliveries in the U.S. and Canada in response to surging gas prices, the company said Friday.