Business
EXCLUSIVE: Tucked quietly away from the grandeur of Mar-a-Lago and the bustle of Worth Avenue lie homes worth hundreds of millions of dollars that are now part of a so-called “shadow” underground real estate market in Palm Beach. “If somebody were to come to me today and say, ‘Hey, what…
PepsiCo is raising prices on some of its popular chips and sodas, including Doritos, Ruffles and SunChips, just months after cutting prices in an effort to win back inflation-weary shoppers. The company said prices on certain snacks and drinks will rise by single-digit percentages as it deals with higher costs…
Lyft has agreed to pay $272.5 million to settle claims that it committed wage theft against California drivers in the six-year lawsuit the Golden State brought against the rideshare company. California Attorney General Rob Bonta and the city attorneys of Los Angeles, San Diego and San Francisco sued Lyft in…
Amazon and Blue Origin founder Jeff Bezos explained in an interview on Wednesday why he thinks socialism is gaining traction among some politicians and voters, and what he thinks they’re getting wrong. Bezos spoke on the factory floor of Blue Origin’s Space Coast facility with Fox News’ Bret Baier in…
Millions of Americans enrolled in Medicare are receiving $90 payments from the federal government this month as part of a Trump administration initiative to help offset health care costs. More than 20 million Medicare beneficiaries are eligible for the one-time payments, with most expected to receive the money through direct…
close video Mortgage rates rose for the seventh straight week, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage rose to 7.4% from last week’s reading of 7.28%.The average rate on a 30-year loan…
A new report by LendingTree finds that almost 11 million Gen Z adults, or about one-in-four, moved across state lines in 2024, according to the latest Census Bureau data. The data showed that an estimated 10.7 million of 44.6 million Gen Z adults, or 23.9% of that generation, moved to…
Vice President JD Vance and Labor Department officials announced Thursday that the Trump administration is suspending Microsoft, Adobe and others from a key employment-based, green-card program, accusing major tech firms and outsourcing companies of abusing the visa system at the expense of American workers. “There has been no company in…
Amazon is cutting fewer than 1,000 white-collar jobs, mainly in its stores division, which oversees the company’s main e-commerce website, according to Reuters. The reported cuts come as Amazon wraps up its October Prime Big Deal Days sales event, which ran Tuesday and Wednesday.The downsizing follows a series of larger…
Chrysler is recalling more than 265,000 Ram cargo vans over an issue with the vehicles’ steering system, according to federal regulators. About 265,512 Ram ProMaster vans with model years from 2022-2026 are affected by the recall, the National Highway Traffic Safety Administration (NHTSA) said in its recall notice.The recall impacts…
