The Consumer Price Index hit 3.2% in July, compared with 3% in June, the Bureau of Labor Statistics reported Thursday. Once again, food prices were among the largest contributors to last month’s increase. Food at…
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Business
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Sam Bankman-Fried will head to jail on Friday after a judge sided with a request by federal prosecutors to revoke the FTX co-founder’s bail over alleged witness tampering. Bankman-Fried will be remanded to custody directly…
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Business
Cruise, Waymo approved to operate robotaxi services in San Francisco despite safety concerns
SAN FRANCISCO — California regulators on Thursday approved an expansion that will allow two rival robotaxi services to operate throughout San Francisco at all hours, despite safety worries spurred by recurring problems with unexpected stops…
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Business
WeWork, once valued at $40 billion, warns of possible bankruptcy as it submits ‘going concern’ notice
Four years ago, WeWork was preparing for a blockbuster IPO. Now the company is warning of possible bankruptcy. “Our losses and negative cash flows from operating activities raise substantial doubt about our ability to continue as a…
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U.S. auto safety investigators have opened a probe into reports that some older Ram 1500 pickup trucks can lose power-steering assistance with little or no warning. The investigation by the National Highway Traffic Safety Administration covers over…
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The first CEO of Twitter, now known as X, under Elon Musk said she has operational autonomy to run the business, while the tech titan can focus on the company’s products and long-term vision. In…
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Family grocery bills have been on the rise with higher prices for some items. But unless shoppers are taking notes, it can be hard to really see which items are seeing the biggest spikes. NBC…
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When did everything get to be so expensive and will prices ever come down again? The good news is that price increases have already drifted downward from the heights we experienced just last summer. At…
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Business
Southwest Airlines appeals order requiring its lawyers to take ‘religious liberty training’
Southwest Airlines on Tuesday said it will appeal a Texas federal judge’s unusual order requiring three of its senior lawyers to attend “religious liberty training” by a prominent conservative Christian legal group. The airline in a…
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The U.S. just lost as much as 15% of its small-batch trucking capacity — and consumers are likely to feel the effects in higher prices as the holiday season rolls around. On Monday, Yellow, a…