Business
All the latest news stories about the business world: mergers, IPOs, trends, personalities, and more
Big Business This Week: Will pressure on Fed chair Powell backfire?
The last 12 months have seen an extraordinary change in the way the U.S. economy works. Some analysts say that hasn’t been working out very well.
Spotify Hits Play on Higher Prices as Users Pay More
Spotify is raising the price of its Premium subscription from $11.99 to $12.99 per month in the U.S. and select international markets starting with February.
Two Air Fryer Models Recalled Due to Burn Risk
Power Brands is recalling two of its air fryer models following reports of burns.
Stretching Your Dollar: Budgeting for Stocking Stuffers
With only a few days until Christmas, people are still scrambling to buy gifts for friends and family. Claudia Lombana, consumer and shopping expert, joined Cheddar News to provide tips on how to budget for those gifts.
Stretching Your Dollar: How to Eliminate and Manage Debt
With the New Year around the corner, it's time to start thinking about resolutions. Many folks begin to think about saving money or cutting down on bills. Caleb Silver, editor-in-chief of Investopedia, joined Cheddar News to provide some tips on tracking debt and staying organized.
25 States Will See Minimum Wage Hikes in 2024
Half of U.S. states are raising their minimum wage next year.
PlayStation 5 Passes 50 Million Units Sold
Sony's PlayStation 5 console has now passed 50 million units sold.
FedEx Lowers Full-Year Revenue Forecast
FedEx decreased its full-year revenue forecast after reporting lower-than-expected quarterly profits in its latest results.
Parents of Children Sickened by Lead Linked to Tainted Fruit Pouches Fear for Kids' Future
Cora is among dozens of young kids across the U.S. poisoned by lead linked to tainted pouches of the cinnamon-and-fruit puree
IRS to Waive $1 Billion in Penalties for People and Firms Owing Back Taxes for 2020 or 2021
The IRS said Tuesday it is going to waive penalty fees for people who failed to pay back taxes that total less than $100,000 per year for tax years 2020 and 2021.
Rite Aid Banned From Facial Recognition Tech Use for 5 Years After Faulty Theft Targeting in Stores
Rite Aid has been banned from using facial recognition technology for five years over allegations that a surveillance system it used incorrectly identified potential shoplifters, especially Black, Latino, Asian or female shoppers.
