Fed doubles down on the fight against inflation, raises rates another 25 basis points

Fed doubles down on the fight against inflation, raises rates another 25 basis points

The Federal Reserve announced another 25 basis point interest rate increase bringing the federal funds rate to a targeted range of 5% to 5.25%, the highest level in 15 years.

The Federal Reserve announced another 25 basis point interest rate increase bringing the federal funds rate to a targeted range of 5% to 5.25%, the highest level in 15 years.

Shell reports $9.6 billion profit as energy prices slip

Shell reports $9.6 billion profit as energy prices slip

Shell is the second London-based company this week to post stronger-than-expected earnings, with rival BP reporting that it earned $5 billion in the first quarter.

Shell is the second London-based company this week to post stronger-than-expected earnings, with rival BP reporting that it earned $5 billion in the first quarter.

Water Street food truck ban, owners voice concerns at City Hall

Water Street food truck ban, owners voice concerns at City Hall

A Water Street food truck ban is something the small business owners want gone, while Milwaukee leaders said they need to work out the logistics.

A Water Street food truck ban is something the small business owners want gone, while Milwaukee leaders said they need to work out the logistics.

Samra Origins: The Weeknd partners with Blue Bottle Coffee to honor Ethiopia

Samra Origins: The Weeknd partners with Blue Bottle Coffee to honor Ethiopia

The “Starboy" singer, and multi-award-winning music mogul whose real name is Abel Tesfaye, said the coffee's product line, Samra Origins, is named after his mother “and created in her image."

The “Starboy" singer, and multi-award-winning music mogul whose real name is Abel Tesfaye, said the coffee's product line, Samra Origins, is named after his mother “and created in her image."

Here’s why consumers' credit scores got a boost in March: Report

Here’s why consumers' credit scores got a boost in March: Report

Consumer credit scores increased from last year to an average of 701, and the percentage of consumers scored in the subprime credit

Consumer credit scores increased from last year to an average of 701, and the percentage of consumers scored in the subprime credit

Feds: Kids as young as 10 worked at McDonald's locations in Kentucky

Feds: Kids as young as 10 worked at McDonald's locations in Kentucky

A Labor Department investigation found one franchisee employed 24 kids under the age of 16 to work more hours than legally permitted and children sometimes worked as late as 2 a.m. but were not paid.

A Labor Department investigation found one franchisee employed 24 kids under the age of 16 to work more hours than legally permitted and children sometimes worked as late as 2 a.m. but were not paid.

Nordstrom, Anthropologie, Saks OFF 5TH closing downtown San Francisco shops

Nordstrom, Anthropologie, Saks OFF 5TH closing downtown San Francisco shops

Nordstrom announced Tuesday morning they are closing both the downtown San Francisco flagship store and the Market Street Rack after 35 years in business.

Nordstrom announced Tuesday morning they are closing both the downtown San Francisco flagship store and the Market Street Rack after 35 years in business.

Apple, Google team up to stop creepy tracking tactics

Apple, Google team up to stop creepy tracking tactics

The two companies submitted a proposal to set standards for combatting secret surveillance on Apple’s AirTag trackers and similar devices.

The two companies submitted a proposal to set standards for combatting secret surveillance on Apple’s AirTag trackers and similar devices.

Some 14 million jobs won't exist globally in 5 years, report says

Some 14 million jobs won't exist globally in 5 years, report says

Here are the jobs that will be most impacted in the years ahead, according to the new report by the World Economic Forum.

Here are the jobs that will be most impacted in the years ahead, according to the new report by the World Economic Forum.

Fontainebleau Las Vegas set to finally open after years of setbacks

Fontainebleau Las Vegas set to finally open after years of setbacks

Company executives for Fontainebleau Las Vegas made the announcement Tuesday morning, more than a year after the company publicly set a goal to open before the end of 2023.

Company executives for Fontainebleau Las Vegas made the announcement Tuesday morning, more than a year after the company publicly set a goal to open before the end of 2023.

BP reports $5 billion quarterly profit on strong oil, gas trading

BP reports $5 billion quarterly profit on strong oil, gas trading

BP’s profits have rebounded from last year's losses, and this quarter's earnings have exceeded analysts' expectations. Oil companies have been reporting higher earnings after Russia invaded Ukraine.

BP’s profits have rebounded from last year's losses, and this quarter's earnings have exceeded analysts' expectations. Oil companies have been reporting higher earnings after Russia invaded Ukraine.

Bank deposits fell by more than $76 billion

Bank deposits fell by more than $76 billion

Bank deposits fell by $76.2 billion in April, following the highly publicized closures of Silicon Valley Bank (SVB) and other tech-focused financial institutions. Moreover, high interest rates continue to put pressure on both banks and consumers.

Bank deposits fell by $76.2 billion in April, following the highly publicized closures of Silicon Valley Bank (SVB) and other tech-focused financial institutions. Moreover, high interest rates continue to put pressure on both banks and consumers.

Serving alcohol in Wisconsin; bill would allow 14-year-olds to do it

Serving alcohol in Wisconsin; bill would allow 14-year-olds to do it

Fourteen-year-olds in Wisconsin could serve alcohol to seated customers in bars and restaurants under a bill circulated for cosponsors by a pair of Republican state lawmakers.

Fourteen-year-olds in Wisconsin could serve alcohol to seated customers in bars and restaurants under a bill circulated for cosponsors by a pair of Republican state lawmakers.

Serving alcohol in Wisconsin; bill would allow 14-year-olds to do it
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Serving alcohol in Wisconsin; bill would allow 14-year-olds to do it

Fourteen-year-olds in Wisconsin could serve alcohol to seated customers in bars and restaurants under a bill circulated for cosponsors by a pair of Republican state lawmakers.

Fourteen-year-olds in Wisconsin could serve alcohol to seated customers in bars and restaurants under a bill circulated for cosponsors by a pair of Republican state lawmakers.

Central Florida Tourism Oversight District files lawsuit against Disney in ongoing feud

Central Florida Tourism Oversight District files lawsuit against Disney in ongoing feud

Days after Disney sued Florida’s governor in federal court for what it described as retaliation for opposing the state’s Parents Rights in Education law, members of Disney World’s governing board — made up of Gov. Ron DeSantis appointees — authorized a lawsuit Monday against the entertainment giant.

Days after Disney sued Florida’s governor in federal court for what it described as retaliation for opposing the state’s Parents Rights in Education law, members of Disney World’s governing board — made up of Gov. Ron DeSantis appointees — authorized a lawsuit Monday against the entertainment giant.