Spirit Airlines has agreed to pay up to $8.25 million to settle a class action lawsuit by passengers who said the low-cost…
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Business
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Business
Fed Chair Powell calls inflation ‘too high’ and warns that ‘we are prepared to raise rates further’
Federal Reserve Chair Jerome Powell on Friday called for more vigilance in the fight against inflation, warning that additional interest rate increases could be…
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DETROIT — United Auto Workers members overwhelmingly granted union leaders authorization to strike during ongoing contract negotiations with General Motors, Ford Motor and Stellantis, if warranted.…
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Business
Recalled products linked to more than 100 infant deaths are still for sale on Facebook, lawmakers say
Recalled baby products linked to more than 100 infant deaths are still widely sold on Facebook Marketplace despite thousands of requests from federal regulators…
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Business
Southwest Airlines is now limiting a service that lets passengers buy a better spot in the boarding line
Southwest Airlines is changing its unusual boarding system by limiting the opportunity to pay an extra fee and jump ahead of other…
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Business
Peloton shares fall after it posts wider-than-expected loss, falling sales due to Bike recall, seasonality
Peloton on Wednesday reported a wider-than-expected loss and a quarterly drop in new subscribers that it blamed on its recall of its Bike seat…
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Business
Truck purchases are driving up the average cost of car payments. Some buyers pay over $1,000 a month
Car shoppers are paying more than ever to finance new vehicles — and pickup trucks are driving up the average cost in at least…
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Business
Peloton shares fall after posting wider-than-expected loss, falling sales due to Bike recall, seasonality
Peloton on Wednesday reported a wider-than-expected loss and a quarterly drop in new subscribers that it blamed on its recall of its Bike seat…
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UPS workers ratified the Teamsters-negotiated labor deal reached nearly a month ago, allowing the next five-year contract covering 340,000 employees to take…
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S&P Global followed Moody’s in cutting its credit ratings and outlook on multiple U.S. regional banks, saying higher funding costs and troubles…