The new head of the U.S. Postal Service took office Monday, but his close ties to President Donald Trump, who has long pushed for changes […]
Year: 2020
Top ABC News executive placed on leave amid allegations of racially insensitive comments
ABC News has placed one of its top executives on administrative leave, the network confirmed Monday, as accusations of racial prejudice continue to roil the […]
Yes, your grocery bill is getting higher. Here’s how much more you’ll be spending this year.
Grocery bills have spiked as coronavirus continues to roil supermarket supply chains. By the end of the year, the average American family can expect to […]
As insurance companies take over pension plans, are your payments at risk?
How safe is your pension? As COVID-19 shutdowns hobble the U.S. economy, the question has taken on more urgency. While risks associated with underfunded pensions […]
The NFL joins Nike and Twitter in making Juneteenth a company holiday
National Football League commissioner Roger Goodell said Juneteenth will be recognized as a league holiday and ordered the closing of the league office, according to […]
Who bought all the toilet paper? Study suggests who was most likely to stockpile during COVID-19
In mid-March, as coronavirus cases started their sharp climb in the United States, many Americans appeared to have one thing in mind before hunkering down: […]
Hollywood is not rolling out the red carpet for opening day yet
LOS ANGELES — Despite getting the green light from California public health officials to resume productions Friday, Hollywood is not immediately rolling out the red […]
Dow plunges nearly 7 percent on concerns of coronavirus resurgence
U.S. stocks dropped sharply on Thursday as investors weighed sobering economic forecasts and new data, along with indications that the COVID-19 pandemic is far from […]
Should the U.S. refuse to pay back its $1 trillion debt to China?
The recent intensification of President Donald Trump’s hard line on China has included a wide-ranging grab bag of policies and proposals that touch on everything […]
New unemployment claims rise by 1.5 million as stocks drop sharply on coronavirus concerns
More than 1.5 million people filed for unemployment for the first time last week, according to data released Thursday by the Department of Labor. The […]
President Trump’s Scottish golf resorts set to get over $1 million in tax relief
AYR, United Kingdom — Scottish golf courses owned by President Donald Trump’s businesses stand to benefit from more than a million dollars of taxpayer money, […]
For some small businesses, closing down is a better choice than opening up
After three months on lockdown, many states are gradually opening up for business, signaling relief is near for thousands of stores and restaurants whose sales […]
Grubhub strikes deal to merge with European food delivery giant
Grubhub struck a deal Wednesday to merge with the European food delivery company Just Eat Takeaway after talks to join forces with Uber fell apart […]
Walmart will stop putting ‘multicultural’ products in locked cases
Walmart will no longer place “multicultural hair care and beauty products” in locked cases in any of its stores, the company confirmed Wednesday. The practice, […]
Fed holds rates steady, says there is ‘no place for racism in our society’
The Federal Reserve opted Wednesday to keep interest rates at the current level of near zero, until the economy is “in a healthy place,” according […]