Grocery giant Aldi plans to add 800 new stores in the U.S. over the next five years. The German-owned, Illinois-based chain said in a release Thursday it is planning to build or expand hundreds of …
Business
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Business
‘The Great Stay’: Layoffs, unemployment remain low as job market shows other signs of weakness
by adminThree years ago, the U.S. economy went through an unprecedented upheaval as millions of workers left low-paying jobs for more promising ones. At the same time, many white-collar workers cemented themselves into remote, or at …
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Doritos severs ties with transgender influencer in Spain following online boycott threat
by adminDoritos said Tuesday that it has ended a social media campaign with Samantha Hudson, a transgender influencer in Spain. Right-leaning accounts on social media had called for a boycott, citing past comments Hudson was alleged …
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‘Absurd’: NTSB chair blasts Boeing for failing to turn over records about midair blowout
by adminBoeing has refused to tell investigators who worked on the door plug that later blew off a jetliner during flight in January, the chair of the National Transportation Safety Board said Wednesday. The company also …
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An iconic American sausage maker is about to offer a meat-free option. Oscar Mayer announced Wednesday the launch of plant-based NotHotDogs and NotSausages. It’s a joint venture between Oscar Mayer parent Kraft Heinz and TheNotCompany, …
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Target on Tuesday said it will launch a paid membership program next month, riffing off the playbook of its rivals Amazon and Walmart. The subscription tier, Target Circle 360, will include unlimited free same-day delivery …
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Business
Interest rates will likely start coming down this year — but not clear when, Fed Chair says
by adminFederal Reserve Chair Jerome Powell on Wednesday reiterated that he expects interest rates to start coming down this year, but is not ready yet to say when. In prepared remarks for congressionally mandated appearances on Capitol Hill …
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Chick-fil-A asks customers to throw out Polynesian sauce packets over allergen concerns
by adminChick-fil-A is asking customers to throw out some Polynesian sauce packets purchased last month because they may pose a health risk. In a notice at the top of its homepage first posted last week, the …
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Business
Biden to launch task force to crack down on ‘unfair and illegal pricing’ amid rising inflation
by adminPresident Joe Biden on Tuesday will launch a new task force to take on “unfair and illegal” corporate pricing, which Biden sees as a major reason why consumers are not yet feeling the impact of cooling inflation rates and a …
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The price of bitcoin hit an all-time high of about $68,800 Tuesday, surpassing the previous record reached in November 2021. The cryptocurrency has gained approximately 50% in 2024, and has recovered more than 300% since …