U.S. regulators on Tuesday announced a nationwide crackdown to stop companies from inundating people with billions of unwanted and illegal robocalls and telemarketing calls. The crackdown, known as Operation Stop Scam Calls, involves the U.S.…
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Business
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Record-breaking heat and pockets of drought are baking farmland across the country, threatening crop yields and squeezing out any remaining wiggle room to cope with more extreme weather this summer. Throughout the Sun Belt, an…
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Business
State Department expands passport phone center hours, and U.S. senator calls for more hiring amid flood of applications
Amid an unprecedented surge in demand for U.S. passport processing, the State Department is expanding its application-processing call-center hours on weekends, as at least one U.S. senator says the agency should take additional measures to…
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Business
Passengers complain they can’t find flights with Frontier’s all-you-can-fly pass. Here’s how it actually works.
As someone who travels frequently, Denise Smith, a San Francisco Bay Area resident, was thrilled to learn this spring about Frontier Airlines’ GoWild all-you-can-fly pass. For a flat fee of $699, the GoWild pass allowed…
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Business
Buy Buy Baby stores set to shutter as Go Global’s deal to save the chain falls apart at the eleventh hour
Buy Buy Baby’s stores are set to disappear after a last ditch effort to save the chain and keep the business alive fell apart, CNBC has learned. Brand management firm Go Global Retail, which owns children’s apparel…
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There’s still a long way to go — but U.S. consumers are starting to feel better about the economy. The University of Michigan’s monthly Consumer Sentiment Index hit 72.6 for July — the highest reading…
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Business
Federal Reserve credits Taylor Swift with boosting hotel revenues through blockbuster Eras Tour
Taylor Swift’s Eras Tour is boosting the U.S. economy. Ticket sales for Swift’s concerts have been so explosive, one Federal Reserve office said, the pop superstar is helping fuel the national tourism industry. The central…
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The Federal Reserve raised its key federal funds rate 10 times since March 2022 — something it hasn’t done as aggressively since the 1980s. The central bank hopes that by doing so, it can slow…
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Inflation fell to 3% in June — the 12th-consecutive month of declines. Forecasts called for 12-month consumer price increases to slow from 4% in May to 3.1% in June — just about 1 percentage point…
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It took a while, but people are just about done catching up on experiences lost during the pandemic. While a minority of high-dollar travelers are still confronting — and paying — four-figure airfares to Paris…