VW to test self-driving tech in retro-styled electric Microbuses
Ten self-driving electric Volkswagen buses will soon cruise the streets of Austin, Texas, testing autonomous driving technology. The automaker said it plans to launch commercial services in Austin by 2026.
2023-07-07 00:27
Train traffic snarled between NY and Philadelphia restored but with residual delays
Overhead power issues have caused Amtrak to suspend rail service from Philadelphia to New York, the company said in a statement. Rail service is operating on a limited basis from NY to Philadelphia "with no substitute transportation available," Amtrak said.
2023-07-06 23:53
Dow tumbles over 490 points on red-hot US job market report
Stocks tumbled on Thursday after fresh data signaled that the labor market remains piping hot, heightening concerns that the Federal Reserve will raise interest rates for longer than expected.
2023-07-06 23:23
Does the Fed have the labor market all wrong?
The labor market just won't quit, but this could be another case of "good news is bad news" for the Federal Reserve.
2023-07-06 19:49
Former CIA chief: US needs to 'tighten the screws' on Russia's economy
Washington should crank up the pressure on Moscow as Russian President Vladimir Putin is confronted by a powerful one-two punch of military and economic failures, former CIA director David Petraeus tells CNN.
2023-07-06 19:46
No more free coffee on your birthday? Companies rein in customer rewards programs — here's why
Reward programs, including birthday freebies and discounts, have long been a way for brands to build loyalty and incentivize spending
2023-07-06 17:22
Savers should be cheering higher interest rates. So why are they unhappy?
When central banks raise interest rates, mortgage borrowers can expect higher monthly repayments, while savers are supposed to be rewarded with bigger returns on their deposits. Or so the theory goes.
2023-07-06 15:46
Moderna inks deal to make mRNA medicines in China
US drugmaker Moderna has signed a deal to make mRNA medicines in China as part of its first major investment in the country, despite escalating trade and political tension between Washington and Beijing.
2023-07-06 14:49
White House takes steps to avoid damaging auto strike
The White House is closely monitoring the upcoming labor talks in the US auto industry, negotiations that could put it at odds with the traditional support of a major union. So President Joe Biden is tapping a trusted adviser, Gene Sperling, to serve as the administration's point person in upcoming labor negotiations between the United Auto Workers union and the nation's three unionized automakers.
2023-07-06 04:48
Jenny Craig is being revived online
Weight loss brand Jenny Craig is getting a second lease on life.
2023-07-05 23:26
More travelers get cozy with glamping, even amid high costs
More than 10.5 million North American households took a glamping trip in 2022, up from 9.6 million in 2021
2023-07-05 20:50
UPS and Teamsters' marathon talks end without a deal to avoid a strike
A marathon negotiating session between UPS and the Teamsters union ended early Wednesday morning with both sides accusing the other of walking away from the table. There are no signs of a contract settlement in sight.
2023-07-05 20:27