The Biden administration issued final rules Wednesday to require airlines to automatically issue cash refunds for things like delayed flights and to better disclose fees for baggage or canceling a reservation.
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Supermarket chains Kroger and Albertsons said Monday they will sell more of their stores in an effort to quell the federal government’s concerns about their proposed merger.
Trump Media & Technology Group, whose flagship product is social networking site Truth Social, will begin trading on the Nasdaq stock market on Tuesday.
Macy’s will close 150 stores over the next three years and 50 by the end of 2024, the department store said. Macy’s has at least three stores in the Las Vegas area.
The Federal Trade Commission said the $24.6 billion deal between the grocery giantswould eliminate competition and raise prices for millions of Americans.
The Labor Department report showed that the consumer price index rose 0.3% from December to January, up from a 0.2% increase the previous month.
The plan announced Wednesday by President Joe Biden is expected to help 125,000 student loan borrowers by eliminating debt through existing programs.
U.S. regulators and 17 states are suing Amazon over allegations that it inflates prices on and off its platform, overcharges sellers and stifles competition.
Freddie Mac said the average rate on a 30-year home loan reached its highest level since 2002, which could increase costs for borrowers by hundreds of dollars a month.
Fitch Ratings has downgraded the United States government’s credit rating, citing rising debt and a “steady deterioration in standards of governance” over the past two decades.
Cooks, room attendants, dishwashers, servers, bellmen and front desk agents at hotels were picketing outside major hotels in Los Angeles and Orange counties just as the summer tourist is ramping up.
The worst disruptions continued to be along the East Coast, which has been pummeled by thunderstorms.
Thousands are expected to gather to test things like whether chatbots like ChatGPT can be manipulated to cause harm.
At one point, Credit Suisse shares lost more than a quarter of their value, hitting a record low.
Silicon Valley Bank, the nation’s 16th-largest bank, failed after depositors hurried to withdraw money this week amid anxiety over the bank’s health. It was the second biggest bank failure in U.S. history after the collapse of Washington Mutual in 2008.
