Despite concerns earlier this year that President Trump’s tariffs would cause a renewed bout of inflation, the prices of goods and services across the U.S. have remained relatively stable. The personal consumption expenditures price index, the Federal Reserve’s preferred inflation gauge, rose 2.3% in May, modestly above the central bank’s …
Read More »JetBlue to end service at Miami International Airport
JetBlue Airways is ceasing service at Miami International Airport as the discount carrier moves to cut costs by eliminating less profitable routes. Miami International officials told CBS News Miami this weekend that the last JetBlue flight is scheduled for September 3. The airport is not a key hub for JetBlue. …
Read More »Tariffs are pushing remodeling costs up. Here are some ways to save money.
Tariffs are pushing up the cost of materials that are frequently used in home renovation projects, leading some homeowners to reconsider fixing up their residences. Suppliers of materials, including lumber, steel and aluminum, have already hiked prices for builders. Sixty percent of homebuilders say suppliers have either already raised prices …
Read More »Kraft Heinz says it will remove artificial dyes from its U.S. products by the end of 2027
Kraft Heinz will remove artificial dyes from its products sold in the U.S. by the end of 2027, the company announced Tuesday. The multinational food company also said it will stop making new products that contain these dyes, effective immediately. Kraft Heinz, the manufacturer of foods such as Jell-O, Capri …
Read More »U.S. stock futures point to slightly higher Wall Street opening despite China tariffs hike
U.S. stock futures all moved into positive territory Friday after initially being in the red following China’s announcement that it is raising tariffs on U.S. imports to 125% from 84%, the latest escalation in the trade war between the two countries. Beijing’s move takes effect Saturday and follows President Trump …
Read More »Arthur Frommer, famed travel guide innovator, has died at 95
New York — Arthur Frommer, whose “Europe on 5 Dollars a Day” guidebooks revolutionized leisure travel by persuading average Americans to take budget vacations abroad, has died. He was 95. Frommer died from complications of pneumonia, his daughter Pauline Frommer said Monday. “My father opened up the world to so …
Read More »Apple just released a preview of iOS 18. Here’s what’s new.
Apple released a beta version of iOS 18, its latest operating system for its iPhone and other devices, for some consumers and developers to test. The new operating system includes more customization and a redesigned Photos app. The preview, released Monday, provides the public with a sneak peek ahead of …
Read More »As America ages, “The Golden Bachelor” targets key demographic for advertisers: Seniors
Both the contestants on “The Golden Bachelor” and the show’s target audience are distinctly different from past seasons of the long-running series: Its newest star is a 72-year-old grandfather looking for love. And If the show proves to be a hit, it could help ABC lure advertisers looking to target …
Read More »Many low
Low-wage jobs in the food industry and in customer service are among the positions most likely to be eliminated by generative AI by 2030, according to a new McKinsey report. In fact, jobs that make under $38,000 a year are 14 times as likely to be eliminated by generative AI …
Read More »UPS workers poised for biggest U.S. strike in 60 years. Here’s what to know.
Jason Flynn loves one aspect of his part-time job as a UPS package sorter: He was able to get it in 15 minutes. What he doesn’t love, he said, is earning $18 an hour pay to move 70-pound packages every few seconds, the “noxious” air from the exhaust of trucks …
Read More »