Fed keeps rates unchanged and signals optimism about a potential ‘soft landing’
WASHINGTON — The Federal Reserve left its benchmark interest rate unchanged Wednesday for the second time in its past three meetings, a sign that it’s moderating its fight against inflation as price pressures have eased.
Instacart’s IPO surges as the grocery delivery company goes from the supermarket to the stock market
Instacart delivered in its stock market debut.
Largest US newspaper chain is hiring Taylor Swift and Beyoncé reporters, drawing interest and ire
LOS ANGELES — Last week the United States’ biggest newspaper chain posted to its site two unusual job listings: a Taylor Swift reporter and a Beyoncé reporter.
New York employers must include pay rates in job ads under new state law
ALBANY, N.Y. — Help-wanted advertisements in New York will have to disclose proposed pay rates after a statewide salary transparency law goes into effect on Sunday, part of growing state and city efforts to give women and people of color a tool to advocate for equal pay for equal work.
Looking for a refill? McDonald’s is saying goodbye to self-serve soda in the coming years
NEW YORK (AP) — Say goodbye to refilling that Coke. McDonald’s is getting rid of self-served soda.
Johnson & Johnson is getting rid of its script logo after more than 130 years
Johnson & Johnson is signing off on a new logo.
Imagine making shadowy data brokers erase your personal info. Californians may soon live the dream
SAN FRANCISCO — You may not know it, but thousands of often shadowy companies routinely traffic in personal data you probably never agreed to share — everything from your real-time location information to private financial details. Even if you could identify these data brokers, there isn’t much you can do about their activities, even in California, which has some of the strongest digital privacy laws in the U.S.
California Gov. Gavin Newsom says he will sign climate-focused transparency laws for big business
NEW YORK (AP) — California Gov. Gavin Newsom said Sunday that he plans to sign into law a pair of climate-focused bills intended to force major corporations to be more transparent about greenhouse gas emissions and the financial risks stemming from global warming.
Biden plan would overhaul 151-year-old mining law, make companies pay royalties for copper and gold
WASHINGTON — The Biden administration is recommending changes to a 151-year-old law that governs mining for copper, gold and other hardrock minerals on U.S.-owned lands, including making companies for the first time pay royalties on what they extract.
Apple’s new iPhones get faster chips, better cameras and new charging ports
CUPERTINO, Calif. — Apple on Tuesday unveiled its next generation of iPhones — a lineup that will boast better cameras, faster processors, a new charging system and a price hike for the fanciest model.
Food recalls are pretty common for things like rocks, insects and plastic
Rocks in Trader Joe’s cookies. Insects in its broccoli-cheese soup. Pieces of plastic in Banquet frozen chicken strips.
Why the United Auto Workers union is poised to strike major US car makers this week
DETROIT — About 146,000 U.S. auto workers are set to go on strike this week if General Motors, Ford and Stellantis fail to meet their demands for big pay raises and the restoration of concessions the workers made years ago when the companies were in financial trouble.
Carmakers are failing the privacy test. Owners have little or no control over data collected
BOSTON — Most major car manufacturers admit they may be selling your personal information — though they are vague on the buyers, a new study finds, and half say they would share it with the government or law enforcement without a court order.
AI that alters voice and imagery in political ads will require disclosure on Google and YouTube
Google will soon require that political ads using artificial intelligence be accompanied by a prominent disclosure if imagery or sounds have been synthetically altered.
Victoria’s Secret overhauls its racy fashion catwalk in the company’s latest move to be inclusive
NEW YORK — For more than 20 years, Victoria’s Secret had bolstered its image built on a man’s vision of sexiness with one big annual event: its fashion catwalk extravaganza, with supermodels like Naomi Campbell sashaying down the runway in Swarovski-crystal covered wings, thongs and million-dollar fantasy bras.
UAW’s clash with Big 3 automakers shows off a more confrontational union as strike deadline looms
DETROIT — A 46% pay raise. A 32-hour week with 40 hours of pay. A restoration of traditional pensions.
For small biz reliant on summer tourism, extreme weather is the new pandemic — for better or worse
NEW YORK — For small businesses that rely on summer tourism to keep afloat, extreme weather is replacing the pandemic as the determining factor in how well a summer will go.
For travelers who want to avoid babies and kids, one airline will test an adults-only section
DALLAS — One airline plans to find out if solitude-seeking travelers will pay a hefty extra charge to avoid sitting near babies and little kids.
Food ads are in the crosshairs as Burger King, others face lawsuits for false advertising
Food ads have long made their subjects look bigger, juicier and crispier than they are in real life. But some consumers say those mouthwatering ads can cross the line into deception, and that’s leading to a growing number of lawsuits.
Fed’s preferred inflation gauge shows a modest rise in latest sign of slowing price increases
WASHINGTON — An inflation gauge closely tracked by the Federal Reserve remained low in July, adding to signs of cooling price increases and raising the likelihood that the Fed will leave interest rates unchanged when it next meets in late September.