Higher temperatures mean higher food and other prices. A new study links climate shocks to inflation
Food prices and overall inflation will rise as temperatures climb with climate change, a new study by an environmental scientist and the European Central Bank found.
AP finds grueling conditions in Indian shrimp industry that report calls ‘dangerous and abusive’
SAN FRANCISCO — Noriko Kuwabara was excited to try a new recipe she’d seen on social media for crispy shrimp spring rolls, so she and her husband headed to Costco’s frozen foods aisle. But when she grabbed a bag of farm-raised shrimp from the freezer and saw “Product of India,” she wrinkled her nose.
Federal Reserve still foresees 3 interest rate cuts this year despite bump in inflation
WASHINGTON — Federal Reserve officials signaled Wednesday that they still expect to cut their key interest rate three times in 2024, fueling a rally on Wall Street, despite signs that inflation remained elevated at the start of the year.
TikTok creators warn of economic impact if app sees ban, call it a vital space for the marginalized
Alex Pearlman shut the door on dreams of a standup comedy career almost a decade ago, pivoting from the stage to an office cubicle where he worked a customer service job.
Equal education, unequal pay: Why is there still a gender pay gap in 2024?
CHICAGO — Not even education can close the pay gap that persists between women and men, according to a recent U.S. Census Bureau report.
Bernie Sanders wants the US to adopt a 32-hour workweek. Could workers and companies benefit?
The 40-hour workweek has been standard in the U.S. for more than eight decades. Now some members of Congress want to give hourly workers an extra day off.
Shifts in China-US trade is hurting California, helping Texas
As if it weren’t worrisome enough that more highly skilled, highly paid workers have been leaving California for Texas, evidence shows that the Lone Star State has begun to siphon trade dollars and uncounted jobs away from the Southland’s ports and the distribution hubs of the Inland Empire.
What to know about the SAVE plan, the income-driven plan to repay student loans
NEW YORK — More than 75 million student loan borrowers have enrolled in the U.S. government’s newest repayment plan since it launched in August.
Candy companies pitch gum as a stress reliever and concentration aid to revive stale US sales
Candy companies want to know: What will make Americans start chewing gum again?
OpenAI says Musk agreed the ChatGPT maker should become a for-profit company
Elon Musk supported making OpenAI a for-profit company, the ChatGPT maker said, attacking a lawsuit from the wealthy investor who has accused the artificial intelligence business of betraying its founding goal to benefit humanity as it pursued profits instead.
Biden administration would cap credit card late fees at $8, part of campaign against junk fees
WASHINGTON — The Biden administration announced a rule Tuesday to cap all credit card late fees, the latest effort in the White House push to end what it has called junk fees and a move that regulators say will save Americans up to $10 billion a year.
Bitcoin briefly hits an all-time high, less than two years after FTX scandal clobbered crypto
NEW YORK — Bitcoin has hit an all-time high less than two years after the collapse of the crypto exchange FTX severely damaged faith in digital currencies and sent prices plunging.
Apple gets fined nearly $2 billion by the EU for hindering music streaming competition
LONDON — The European Union leveled its first antitrust penalty against Apple on Monday, fining the U.S. tech giant nearly $2 billion for unfairly favoring its own music streaming service by forbidding rivals like Spotify from telling users how they could pay for cheaper subscriptions outside of iPhone apps.
Zyn nicotine pouches are all over TikTok, sparking debate among politicians and health experts
WASHINGTON — There’s nothing complicated about the latest tobacco product trending online: Zyn is a tiny pouch filled with nicotine and flavoring.
Lower auto prices are finally giving Americans a break after years of inflationary increases
DETROIT — Price increases for cars and trucks in the United States, which helped fuel inflation for nearly three years, are slowing and in some cases falling, helping cool overall inflation and giving frustrated Americans more hope of finding an affordable vehicle.
Inside the rush to make Nevada the country’s lithium capital
ESMERALDA COUNTY, Nevada — Navigating the winding dirt path that may soon be paved for autonomous cars at Rhyolite Ridge is an easy feat for Bernard Rowe. He knows the prehistoric landscape well — and envisions its imminent, dramatic change better than anyone.
One Tech Tip: Don’t use rice for your device. Here’s how to dry out your smartphone
LONDON — You were walking next to a swimming pool when you slipped and dropped your phone into the water. Or it slipped out of your hand when you were next to a filled bathtub or toilet.
Macy’s to close 150 namesake stores as sales slip, pivot to luxury with new Bloomingdale’s locations
NEW YORK — Macy’s will close 150 unproductive namesake stores over the next three years including 50 by year-end, the department store operator said Tuesday after posting a fourth-quarter loss and declining sales.
A decade after crash of Malaysia Airlines Flight 370, planes still at risk of vanishing off the map
“Good Night. Malaysian Three Seven Zero.”
This week’s cellphone outage makes it clear: In the United States, landlines are languishing
NEW YORK — When her cellphone’s service went down this week because of an AT&T network outage, Bernice Hudson didn’t panic. She just called the people she wanted to talk to the old-fashioned way — on her landline telephone, the kind she grew up with and refuses to get rid of even though she has a mobile phone.