Business

PepsiCo is raising prices on some of its popular chips and sodas, including Doritos, Ruffles and SunChips, just months after cutting prices in an effort to win back inflation-weary shoppers.The company said prices on certain snacks and drinks will rise by single-digit percentages as it deals with higher costs for fuel, aluminum and agricultural supplies, according to the New York Post.However, the company said the new prices will still be […]

Lyft has agreed to pay $272.5 million to settle claims that it committed wage theft against California drivers in the six-year lawsuit the Golden State brought against the rideshare company.California Attorney General Rob Bonta and the city attorneys of Los Angeles, San Diego and San Francisco sued Lyft in 2020 on allegations the company misclassified drivers as independent contractors between 2016 and 2020, meaning drivers were paid well below minimum […]

Mortgage rates rose for the seventh straight week, mortgage buyer Freddie Mac said Thursday.Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage rose to 7.4% from last week's reading of 7.28%.The average rate on a 30-year loan was 6.3% a year ago.BABY BOOMERS ARE POISED TO UNLEASH MILLIONS OF HOMES — BUT THERE'S A CATCH FOR FIRST-TIME BUYERS"This increase comes […]

A new report by LendingTree finds that almost 11 million Gen Z adults, or about one-in-four, moved across state lines in 2024, according to the latest Census Bureau data.The data showed that an estimated 10.7 million of 44.6 million Gen Z adults, or 23.9% of that generation, moved to a different state or the District of Columbia in 2024. That figure is a far higher share than for any age […]

Vice President JD Vance and Labor Department officials announced Thursday that the Trump administration is suspending Microsoft, Adobe and others from a key employment-based green-card program, accusing major tech firms and outsourcing companies of abusing the visa system at the expense of American workers."There has been no company in the United States, unfortunately, that has abused the system more than Microsoft," Vance said at a news conference on H-1B and […]

Amazon is cutting fewer than 1,000 white-collar jobs, mainly in its stores division, which oversees the company's main e-commerce website, according to Reuters.The reported cuts come as Amazon wraps up its October Prime Big Deal Days sales event, which ran Tuesday and Wednesday.The downsizing follows a series of larger layoffs totaling roughly 30,000 jobs that began last year and continued into January.A person familiar with the matter told Reuters that […]

Chrysler is recalling more than 265,000 Ram cargo vans over an issue with the vehicles' steering system, according to federal regulators.About 265,512 Ram ProMaster vans with model years from 2022-2026 are affected by the recall, the National Highway Traffic Safety Administration (NHTSA) said in its recall notice.The recall impacts various van models, including 44,391 Ram 1500 ProMasters, 147,204 Ram 2500 ProMasters and 72,043 Ram 3500 ProMasters with model years from […]

OpenAI on Wednesday announced that it's adding a college planner tool to its ChatGPT for Teens along with new study features on the platform.The artificial intelligence (AI) giant announced that its college planner feature will launch in ChatGPT for Teens in the next few weeks, with the planner helping to organize application requirements, deadlines, tasks and financial-aid steps across the colleges the user is considering.OpenAI's announcement said that the initial […]

As persistent inflation and squeezed household budgets leave millions of Americans feeling financially stretched, democratic socialist leaders are pitching rent controls and greater government involvement in the economy as an equalizer.Patrice Onwuka, vice president for economic policy at Independent Women, is pushing back after her defense of capitalism and the American dream drew criticism online, warning Americans not to be swayed by what she calls the socialist "pipe dream."On Aug. […]