Coca-Cola is recalling cans of Diet Coke, Sprite, and Fanta Orange that were distributed in Alabama, Mississippi and Florida, saying the cans may contain ‘foreign material.’ The Food and Drug Administration disclosed the recall in …
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Business
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Business
MrBeast’s food delivery service partner denies ‘disparaging’ allegations in new legal filing
by adminVirtual Dining Concepts, a brand that partnered with YouTube star MrBeast in 2020, is continuing to push back against claims he made in a July lawsuit about their burger venture, according to a new legal …
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The Federal Reserve again kept interest rates steady in final meeting of the year on Wednesday. The U.S. central bank left its benchmark rate at of 5.25% to 5.50%, where it has been since late …
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There are signs that rents across America are starting to decrease after they spiked during the Covid-19 pandemic. The real estate brokerage Redfin said rents are falling at the fastest clip since the beginning of …
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Business
Millions of parents and young kids could be denied food aid next year without funding boost, report warns
by adminA long-standing federal food assistance program could be short $1 billion next year, leaving 2 million parents and young children without access to its support, a report from the Center for Budget and Policy Priorities …
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Business
Dow rallies more than 500 points to record, closes above 37,000 for the first time
by adminThe Dow Jones Industrial Average jumped to a record Wednesday as the Federal Reserve signaled it would cut rates several times next year, satisfying investors who hoped the central bank would finally start to acknowledge …
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The Federal Trade Commission announced a new rule Tuesday intended to stop auto dealers from using hidden fees and bait-and-switch price tactics on buyers. The agency says such fees and tactics cost people in the …
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Wall Street isn’t expecting any drama when the Federal Reserve announces its final interest rate decision of the year on Wednesday. The U.S. central bank is expected to leave rates at their current level of …
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Business
Regulators caught Wells Fargo, other banks in probe over mortgage pricing discrimination
by adminWells Fargo was snared in an industrywide probe into mortgage bankers’ use of loan discounts last year, CNBC has learned. The discounts, known as pricing exceptions, are used by mortgage personnel to help secure deals in competitive …
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The housing market might be turning around for frustrated would-be buyers as mortgage rates dip and listings rise, according to the real estate brokerage Redfin. The interest rate on a 30-year fixed mortgage is down …