The Consumer Price Index hit 3.2% in July, compared with 3% in June, the Bureau of Labor Statistics reported Thursday. Once again, food prices were among the largest contributors to last month’s increase. Food at…
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Business
People are losing more money to scammers than ever before. Here’s how to keep yourself safe.
With the help of technology, scammers are tricking Americans out of more money than ever before. But there are steps you can take to keep your money and information safe. In 2022, reported consumer losses…
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Amazon founder Jeff Bezos buys home in Miami’s ‘billionaire bunker.’ Tom Brady will be his neighbor
Jeff Bezos, the founder of Amazon, is buying an estate on an exclusive man-made barrier island in Miami known as “Billionaire Bunker,” where he will be neighbors with a growing list of celebrities including Tom…
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Customers of a bank linked to Walmart are reporting they are still blocked from accessing their funds, leaving them in desperate financial straits. Green Dot banking group customers say they have gone days, and in…
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Sam Bankman-Fried will head to jail on Friday after a judge sided with a request by federal prosecutors to revoke the FTX co-founder’s bail over alleged witness tampering. Bankman-Fried will be remanded to custody directly…
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Cruise, Waymo approved to operate robotaxi services in San Francisco despite safety concerns
SAN FRANCISCO — California regulators on Thursday approved an expansion that will allow two rival robotaxi services to operate throughout San Francisco at all hours, despite safety worries spurred by recurring problems with unexpected stops…
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U.S. auto safety investigators have opened a probe into reports that some older Ram 1500 pickup trucks can lose power-steering assistance with little or no warning. The investigation by the National Highway Traffic Safety Administration covers over…
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Business
WeWork, once valued at $40 billion, warns of possible bankruptcy as it submits ‘going concern’ notice
Four years ago, WeWork was preparing for a blockbuster IPO. Now the company is warning of possible bankruptcy. “Our losses and negative cash flows from operating activities raise substantial doubt about our ability to continue as a…
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The first CEO of Twitter, now known as X, under Elon Musk said she has operational autonomy to run the business, while the tech titan can focus on the company’s products and long-term vision. In…
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Family grocery bills have been on the rise with higher prices for some items. But unless shoppers are taking notes, it can be hard to really see which items are seeing the biggest spikes. NBC…