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Brace for more rate hikes: Fed signals several half-percentage point hikes to come Market participants already expected as much. After all, the Fed is trying to combat the highest inflation rate in 40 years, even as economic data showed some easing of price pressures in April.
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Natural gas surges above $9, hits the highest since 2008 as inventories stay low Rapidly rising prices are adding to inflationary pressures across the economy. Drivers are already grappling with record high prices at the gas pump, and now utility bills are set to increase too. While utility companies might have ...
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Twitter agrees to pay millions in fines after US government alleges privacy violations Twitter has agreed to pay $150 million in fines after the US government sued the social media company on Wednesday, alleging that it misled consumers about how it protects their personal data. According to the federal lawsuit, Twitter failed to tell ...
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Twitter will pay a $150 million fine over accusations it improperly sold user data Twitter has agreed to pay a $150 million fine after federal law enforcement officials accused the social media company of illegally selling advertisements based on an improper use of personal data over six years. In court documents made public on ...
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Fed officials signal rates may head to 'restrictive' levels to stabilize economy WASHINGTON (AP) — Federal Reserve officials agreed when they met earlier this month that they might have to raise interest rates to levels that would weaken the economy as part of their drive to curb inflation, which has reached a four-decade high.
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Glencore to pay $1.5B, pleads guilty to corruption charges Mining giant Glencore PLC has agreed to pay up to $1.5 billion to authorities in the United States, United Kingdom and Brazil to end yearslong bribery and market manipulation investigations. Glencore, often ranked as one of the largest mining companies ...
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Garden Cut recalls products containing Jif peanut butter over Salmonella concerns Garden Cut, LLC, of Indianapolis, IN, is recalling Garden Cut products containing 0.750z Jif Peanut Butter Cup because of possible Salmonella contamination. This recall comes after J. M. Smucker Co.'s recall of dozens of Jif peanut butter products ...
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'50% sweet, 50% salty': Oreo, Ritz team up to make limited edition cookie-cracker snack Move over Burger King chicken fries. Step aside, Combos Baked Snacks Vanilla Frosting Pretzel (Yes, that used to be a real thing). Meet "Oreo x Ritz." This week, Oreo and Ritz announced the latest eye-catching snack combination – pairing up the classic ...
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Oreo and Ritz are giving away free cookie-cracker sandwiches New York (CNN Business) Sweet and salty are a famous pair when it comes to snacks, and a new Oreo and Ritz collaboration is leveraging just that. The two brands, owned by Mondelēz International, are launching a limited-time snack called "Oreo x Ritz.
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Shoppers to seriously rein in spending this autumn, says M&S boss Shoppers are expected to rein in spending seriously in the autumn, after enjoying holidays abroad and the jubilee celebrations this summer, the boss of Marks & Spencer has said, as the retailer said profits would flatline amid "consumer uncertainty".
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