In the high-dollar, high-tech world of chipmaking, $35 million is a pittance. But the Biden administration’s first CHIPS Act grant, to BAE Systems’ semiconductor plant in Nashua, New Hampshire, could still bring significant changes for…
Business
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Americans who are planning to visit Europe in 2024 don’t have to worry about applying to the European Union’s new travel authorization system yet. For almost a decade now, European Union authorities have been working…
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Coca-Cola is recalling cans of Diet Coke, Sprite, and Fanta Orange that were distributed in Alabama, Mississippi and Florida, saying the cans may contain ‘foreign material.’ The Food and Drug Administration disclosed the recall in…
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Business
MrBeast’s food delivery service partner denies ‘disparaging’ allegations in new legal filing
Virtual Dining Concepts, a brand that partnered with YouTube star MrBeast in 2020, is continuing to push back against claims he made in a July lawsuit about their burger venture, according to a new legal…
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The Federal Reserve again kept interest rates steady in final meeting of the year on Wednesday. The U.S. central bank left its benchmark rate at of 5.25% to 5.50%, where it has been since late…
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Costco has found a new hit with online shoppers — gold. The retail warehousing giant sold more than $100 million of the precious metal in its first quarter, which ended Nov. 26, Costco CFO Richard Galanti told…
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There are signs that rents across America are starting to decrease after they spiked during the Covid-19 pandemic. The real estate brokerage Redfin said rents are falling at the fastest clip since the beginning of…
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The Dow Jones Industrial Average jumped to a record Wednesday as the Federal Reserve signaled it would cut rates several times next year, satisfying investors who hoped the central bank would finally start to acknowledge…
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The Federal Trade Commission announced a new rule Tuesday intended to stop auto dealers from using hidden fees and bait-and-switch price tactics on buyers. The agency says such fees and tactics cost people in the…
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Business
Millions of parents and young kids could be denied food aid next year without funding boost, report warns
A long-standing federal food assistance program could be short $1 billion next year, leaving 2 million parents and young children without access to its support, a report from the Center for Budget and Policy Priorities…