An IT failure at Lufthansa stranded thousands of passengers and forced flights to Germany’s busiest airport to be canceled or diverted Wednesday, with the airline blaming botched railway engineering works that damaged broadband cables. More than…
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Business
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As many shoppers trade down from pricier brand-name items for generic alternatives, grocers are increasingly pushing food suppliers to lower prices. Government data released Tuesday showed grocery prices were 11.3% higher in January than the…
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Business
High-income earners move back into childhood bedrooms, use candles instead of lamps to make ends meet
With high inflation and rising interest rates on consumer debt, an increasing percentage of workers considered to be high-income earners now say they live paycheck to paycheck. According to a recent survey by the banking…
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Business
The IRS has already issued nearly $16 billion in tax refunds, but your refund may be smaller than last year’s
Tax filing and refund season appears to be coming early for many U.S. residents this year. According to the latest data from the Internal Revenue Service, the total number of refunds sent to people who…
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As many shoppers trade down from pricier brand-name items for generic alternatives, grocers are increasingly pushing food suppliers to lower prices. Government data released on Tuesday showed grocery prices were 11.3% higher in January than…
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Consumer prices increased at an annual rate of 6.4% in January — a slight slowdown from the 6.5% seen in December but above analysts’ prediction of 6.2%. Food prices increased 10.1% from last January, the ninth-consecutive…
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After suffering steeper job losses than men in the Covid-19 recession, many women have quickly regained their footing in an economy benefiting from historically low unemployment. Labor force participation among women between the prime working…
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If you’ve had a baby, or know someone who has, the odds are good that you’ve encountered Babylist, a baby registry website that served more than 9 million new parents and gift-givers last year. According…
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Florida lawmakers have approved a bill that makes changes to Disney’s Reedy Creek special governing district, including replacing its board of supervisors and giving it a new name. Gov. Ron DeSantis is expected to sign…
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Walmart Inc. is warning major packaged goods makers that it can no longer stomach their price hikes, pitching its own private-label products to shoppers as less-expensive alternatives to suppliers’ name-brand goods. For the world’s biggest…