Ford recently announced a recall affecting nearly 420,000 Ford Expedition and Lincoln Navigator sport utility vehicles (SUVs) over an issue with seat belts locking and potentially causing injury to occupants during a crash. The auto recall covers 342,283 Ford Expedition vehicles from model years 2018 to 2022, as well as…
Although the artificial intelligence (AI) investment thesis is still young, some investors are already eyeing the next big thing in tech. They don’t have to look far, and the next big thing may actually be two things: humanoid robots and physical AI. Fortunately, these aren’t daunting concepts. As the name…
Bank of America on Wednesday announced that it will be hiring nearly 4,000 summer interns and full-time recruits from campuses this summer as the nation’s second-largest bank looks to bring new talent into its workforce. The firm said in a release that the hiring plans are reflective of Bank of…
Companies in the private sector added 122,000 jobs in May, payroll processing firm ADP said in its latest report on Wednesday. The figure is above economists’ estimates of a gain of 117,000 jobs. The prior month’s payrolls number was revised lower to a gain of 105,000 from an initially reported…
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A United Airlines flight bound for Spain returned to Newark Liberty International Airport on Saturday night after a potential security…
Costco’s gas stations saw a surge in demand in the most recent quarter as consumers sought out its low-priced gasoline,…
As a parent, one thing I often try to emphasize to my kids is the importance of hard work. Study…
BP abruptly removed Chairman Albert Manifold on Tuesday, citing “serious concerns” tied to governance, oversight and conduct issues, sending shares…
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American households saving money for their children’s educations can leverage tax-advantaged 529 accounts to make their dollars go further. 529 education savings accounts are typically opened by parents, guardians or grandparents for minor children and allow those savings to grow on a tax-deferred basis, and…
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This story about the April 2026 jobs report is developing and will be updated with further details. The U.S. economy added jobs at a modest pace in April amid uncertainty surrounding the impact of conflict in the Middle East on the labor market.What are the key findings of the April…
A new report by the Federal Reserve Bank of New York finds that the recent rise in gas prices has affected households very differently based on their income level. Energy prices hit a four-year high in March amid the Iran war, prompting the closure of the Strait of Hormuz, which…
The slowing labor market is posing a challenge to recent college graduates looking to begin their careers, with many new graduates finding work in Southern cities. A study by ADP using anonymized data to compare the 53 largest metro areas in the U.S. based on hiring, wages and affordability for…
Tesla is recalling more than 218,000 vehicles because of delayed rearview camera images that could increase the risk of a crash, the National Highway Traffic Safety Administration (NHTSA) announced on Wednesday. A total of 218,868 Model 3, Model Y, Model S and Model X vehicles are affected by the recall.The…
Discount retailer Burlington is planning to open more than two dozen stores in 20 states this month as the company continues to expand its footprint with over 1,000 locations around the country. The company in March said that it planned to open 110 net new stores, plus a new distribution…
New Disney CEO Josh D’Amaro outlined a new growth strategy for the entertainment giant as the company announced its quarterly results, which includes a focus on investing in content as well as technology. D’Amaro, who succeeded former Disney CEO Bob Iger in mid-March, said in a letter to shareholders that…
As the U.S. approaches its 250th anniversary, small businesses remain a cornerstone of the American economy, employing nearly half of the private sector workforce and powering communities across the country. On Staten Island, that story is playing out in real time for restaurant owner Rob DeLuca.DeLuca didn’t initially plan on…
Companies in the private sector added 109,000 jobs in April, payroll processing firm ADP said Wednesday. The figure is above economists’ estimates of a gain of 99,000 jobs. The prior month’s payrolls number was revised lower to a gain of 61,000 from an initially reported gain of 62,000. Which industries…
The national average price for regular gasoline surged above $4.50 per gallon Wednesday, as ongoing tensions between the U.S. and Iran continued to pressure fuel costs for American drivers. AAA reported the national average for regular gas at $4.536 as of Wednesday, up more than five cents from Tuesday’s $4.483…
U.S. financial regulators are proposing to switch required filings for publicly traded companies from quarterly reporting to semiannual. The Securities and Exchange Commission on Tuesday released its amended proposal for optional semiannual reporting for companies on Wall Street. SEC officials say the change in frequency of reporting won’t impact the…
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