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Categories Business

Hertz will pay $168 million to settle hundreds of false car theft claims

Author December 6, 2022

Rental car giant Hertz Global Holdings announced Monday it would pay $168 million to settle 364 claims that it erroneously filed criminal

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Categories Business

U.S. economy added 263,000 jobs in November, more than expected despite Fed rate hikes

Author December 3, 2022

Job growth was much better than expected in November despite the Federal Reserve’s aggressive efforts to slow the labor market and tackle

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Categories Business

DeSantis denies report of ‘U-Turn’ on Disney’s special governing district

Author December 3, 2022

Florida Gov. Ron DeSantis denied a report Friday that the state was considering reversing its decision to dissolve Disney’s special governing district

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Categories Business

Why your 2023 tax refund might be smaller than this year’s

Author December 3, 2022

The Internal Revenue Service is alerting taxpayers about a number of changes hitting in the 2023 tax filing year. Among the most

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Categories Business

Discounts drive record spending as holiday shopping season gets off to roaring start

Author December 2, 2022

Consumers took advantage of heavy discounting by online retailers to kick off the holiday shopping season in high gear. According to Adobe Analytics,

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Categories Business

Fed chairman signals December rate-hike slowdown, warns inflation is still too hot

Author December 2, 2022

The U.S. central bank could scale back the pace of its interest rate hikes “as soon as December,” Federal Reserve Chair Jerome

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Categories Business

‘Natural’ baby product company recalls toddler cups over lead poisoning hazard

Author December 2, 2022

A self-described ‘natural’ baby product company is recalling 10,500 of its stainless steel bottles and cups for toddlers that pose a risk

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Categories Business

Whole Foods’ decision to pull Maine lobster sparks outcry

Author December 2, 2022

A decision by Whole Foods to pause purchases of Maine lobster has sparked outcry from the state’s elected officials and the lobster

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Categories Business

Cyber Monday set to eclipse Black Friday again as inflation-pinched shoppers seek deals

Author December 2, 2022

With deals beginning even earlier ahead of Black Friday than in years past and continuing well after Cyber Monday, consumers are no

Categories Business

The era of cheap money is over. How debt is hitting home for consumers as interest rates soar

Author December 2, 2022

Consumers are racking up credit card debt at a pace not seen in decades as inflation continues to pervade the U.S. economy. In

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