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Categories Editor's Pick

Starbucks is giving incoming CEO Brian Niccol $85 million in cash and stock as he departs Chipotle

Author August 16, 2024

Starbucks offered incoming CEO and Chair Brian Niccol a pay bump and hefty one-time awards to lure him from his prior role as

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Categories Editor's Pick

Trader Joe’s recalls 653,000 scented candles due to fire hazard

Author August 16, 2024

Trader Joe’s is recalling 653,000 scented candles because they pose an elevated fire hazard. In a release on the Consumer Product Safety Commission’s

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Categories Editor's Pick

United CEO expresses ‘renewed confidence’ in Boeing after meeting with new leader

Author August 16, 2024

United Airlines CEO Scott Kirby says he is optimistic about Boeing’s recovery after meeting with the manufacturer’s new chief executive. It’s an upbeat change of tune

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Categories Editor's Pick

FTC bans fake online reviews, inflated social media influence; rule takes effect in October

Author August 15, 2024

The Federal Trade Commission on Wednesday voted unanimously to ban marketers from using fake reviews, like those generated with AI technology, and other misleading practices to

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Categories Editor's Pick

What recession? Walmart says consumers are still spending

Author August 15, 2024

Walmart remains cautious about the financial health of its shoppers, but executives at the retail giant do not see a full-blown downturn

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Categories Editor's Pick

Harris to propose federal ban on ‘corporate price-gouging’ in food and groceries

Author August 15, 2024

WASHINGTON — Vice President Kamala Harris plans to propose the first-ever federal ban on “corporate price-gouging in the food and grocery industries,” her campaign

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Categories Editor's Pick

Mortgage refinancing surges 35% in one week as interest rates hit lowest level in over a year

Author August 15, 2024

It appears to have taken a few weeks for current homeowners to realize mortgage rates had dropped dramatically. And when they did, they acted. Applications

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Categories Editor's Pick

Inflation rate falls to 2.9% in July, adding to signs that surging prices have abated

Author August 15, 2024

Consumer price growth in July slowed to its lowest post-pandemic level, a sign that the surging inflation that has gripped the U.S.

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Categories Editor's Pick

Surging grocery prices have settled down, but shoppers are still adjusting

Author August 15, 2024

Grocery price growth, once the scourge of the post-pandemic inflation surge, has finally settled down. On Wednesday, the Bureau of Labor Statistics reported

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Categories Editor's Pick

Some experts have raised the odds of a recession. Here’s how much you should have in emergency savings.

Author August 15, 2024

As investors face economic uncertainty, financial advisors have guidelines for how much cash they should have set aside. Despite second-quarter economic growth, nearly 60% of Americans wrongly

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