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Browsing: Business

Business

Instacart slaps NYC shoppers with surprise ‘regulatory response fee’ after new city law kicks in

New Yorkers relying on the convenience of grocery delivery were blindsided this week when Instacart suddenly slapped a new fee on orders, a move the c...

Business

Tesla ends production of Model S and Model X vehicles, will focus on robots in 2026

Elon Musk confirmed Wednesday that Tesla is to stop producing its Model S and Model X premium sedans and SUVs, marking the end of an era for its longe...

Business

Steak 'n Shake pledges $1K contributions to Trump Accounts for employees' children

Steak ’n Shake announced Wednesday that it will contribute $1,000 to "Trump Accounts" for the children of its employees.The Indianapolis-based fast-fo...

Business

Powell says Americans forced to 'economize' as stubborn inflation squeezes household budgets

Federal Reserve Chair Jerome Powell said that policymakers are hearing that a significant segment of American consumers are still looking to "economiz...

Business

Starbucks removes cap on CEO's use of company's private jet, citing security concerns

Starbucks CEO Brian Niccol must now use the coffee giant's private aircraft for all travel to enhance his security, a company spokesperson confirmed t...

Business

LARRY KUDLOW: Mr. Trump, please give us a transformational Fed

Kudos to Fed board members Stephen Miran and Chris Waller for dissenting at today’s Open Market Committee meeting. In favor of lowering the Fed funds...

Business

IRS CEO weighs in on whether potential shutdown will impact refund checks

Americans will be getting their refund checks no matter what, according to IRS CEO and Social Security Commissioner Frank Bisignano, who said a potent...

Business

Jerome Powell offers advice for next Fed chair, addresses his future at central bank

Federal Reserve Chair Jerome Powell was asked about his future at the central bank beyond the end of his term this May and also offered some advice to...

Business

Airlines increase flights at major US airport as rivalry heats up – what it means for travelers

United Airlines and American Airlines are vying for dominance at Chicago's O'Hare International Airport. Both major passenger carriers have been aggre...

Business

Some retirement savers lose a key tax break under new IRS rule

The IRS is changing how Americans can make catch-up contributions to their workplace retirement accounts, which could have significant implications fo...

Business

Popular drugs added to Medicare price negotiation program: What it means for Americans

Botox and the GLP-1 drug Trulicity are among the latest group of prescription drugs subject to price controls by Medicare.The Centers for Medicare &am...

Business

How to know if your child qualifies for a Trump Account: 'A financial stake in the future'

The Trump administration on Wednesday introduced "Trump Accounts," a provision of the new tax legislation which will dole out $1,000 to every newborn...