Business
CBS News saw staffers walk off the job on Tuesday amid an ongoing labor dispute. Writers Guild of America East members at CBS News 24/7 held a 24-hour walkout on Tuesday, claiming management failed to reach an agreement on a new collective bargaining agreement with the 60-member bargaining unit. The current contract expired on March 9, and union…
The Federal Trade Commission (FTC) issued warnings to 97 auto groups around the country, reminding them their advertised prices must be the total price, inclusive of all mandatory fees, that consumers will have to pay. The FTC said its letters encouraged auto dealers to review their advertising and pricing practices to ensure…
The Federal Reserve on Wednesday left interest rates unchanged amid mounting uncertainty over how the Iran war will impact the economy and in turn the central bank’s approach to monetary policy, raising questions over whether any rate cuts will occur this year. The Fed’s monetary policy panel, known as the Federal…
Popular ticket-selling platform SeatGeek is facing backlash after a job posting offering up to $175,000, along with perks like $25,000 in “gender-affirming care” benefits, sparked outrage online and renewed criticism over the company’s pricing. The company is seeking an analytics engineer to join SeatGeek’s data team, noting applicants should have…
Federal Reserve Chairman Jerome Powell said Wednesday it was “too soon” to assess the economic consequences of the ongoing war in Iran. “The implications of events in the Middle East for the U.S. economy are uncertain. In the near term, higher energy prices will push up overall inflation, but it…
Iran certainly is not a forever war as President Trump has said many times. Indeed, Mr. Trump is “ending” Iran’s forever war against the United States. Yet now it looks like the Fed chairman, Jay Powell, wants to be the Fed’s first forever board member. Telling a press conference that…
Grubhub is launching New Jersey’s first-ever commercial drone-powered food delivery service, the company announced last Wednesday. The service, which will run for three months as a test program, will operate out of Green Brook Township, located one hour southwest of New York City. The food ordering marketplace will partner with autonomous…
The U.S. national debt reached another historic milestone on Wednesday as it surpassed $39 trillion for the first time as the federal government’s persistent budget deficits send the debt soaring higher. New data from the Treasury Department released on Wednesday showed that the gross national debt reached $39,016,762,910,245.14 as of March…
The Trump administration is working to lower gas prices as motorists continue to pay more at the pump since the outbreak of the Iran war, Vice President JD Vance said Wednesday, noting that the increase is temporary. Vance was at the Engineering Design Services, Inc. manufacturing plant in Auburn Hills,…
This is a developing story about the Federal Reserve’s March interest rate cut decision. Please check back for updates. The Federal Reserve on Wednesday announced it will leave interest rates unchanged, amid a softening labor market and growing uncertainty over the war in Iran.Fed policymakers voted to leave the benchmark federal…














