Mortgage demand fell to its lowest level since 1995 as rates climbed.
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Starbucks Union Calls Strike over Pride Displays, but Company Calls It a Misinformation Campaign
Workers at 150 Starbucks locations will strike in the coming week over what their union says is a clash over decor supporting LBGTQ+ causes, but the company denies it's banned any such displays and accused the union of using misinformation as a tactic in labor talks.
About 7.5 Million Baby Shark Bath Toys Recalled After They Cut or Stabbed Children
About 7.5 million singing and swimming “Baby Shark” bath toys are being recalled after multiple lacerations and puncture wounds were reported in children playing with them.
Bud Light Rolls Out New Ad Campaign
Bud Light has rolled out a new ad campaign, weeks after protests over the company's partnership with trans influencer Dylan Mulvaney.
3M Reaches $10.3 Billion Settlement
3M Co. reached a $10.3 billion agreement to settle lawsuits that claimed toxic chemicals had contaminated drinking water across the country.
Overstock.com Wins Bid for Bed Bath & Beyond Assets
Overstock.com has won the bid to buy Bed Bath & Beyond IP and digital assets.
Existing U.S. Home Sales Down 0.2% In May vs. April
Sales of existing homes rose just 0.2% in May from April and down over 20% from a year ago.
Fed Chair Jerome Powell Predicts Further Rate Hikes
In his second day of testimony before the Senate Banking Committee, Federal Reserve Chair Jerome Powell reiterated that the board is considering more interest rate hikes.
United Airlines to Send Vouchers to Phones
United Airlines will now be able to send a meal or hotel voucher to customers' phones, if needed, during emergency situations.
U.S. Safety Agency to Require Automatic Emergency Braking on Heavy Trucks and Buses
The government will require heavy trucks and buses to include automatic emergency braking equipment within five years, the federal traffic safety agency said Thursday, estimating it will prevent nearly 20,000 crashes save at least 155 lives a year.
