Jobs report shocks Wall Street, markets sink as tariffs and unemployment spike
New job numbers fall far short of expectations, sending the Dow tumbling amid rising unemployment, delayed tariffs, and growing economic and geopolitical tensions.
New job numbers fall far short of expectations, sending the Dow tumbling amid rising unemployment, delayed tariffs, and growing economic and geopolitical tensions.
Consumer prices rise, TSA PreCheck scams & JCPenney stores sold | Business News
Business News: Consumer prices jumped again in June. TSA is warning travelers about new PreCheck cyber scams. More than 119 JCPenney stores are changing ownership nationwide. Plus, European cars are set to ship to the U.S., Microsoft hits $4 trillion valuation, and Starbucks plans to phase out its pickup-only stores.
Business News: Consumer prices jumped again in June. TSA is warning travelers about new PreCheck cyber scams. More than 119 JCPenney stores are changing ownership nationwide. Plus, European cars are set to ship to the U.S., Microsoft hits $4 trillion valuation, and Starbucks plans to phase out its pickup-only stores.
Ground beef recall, Celsius labeling error & White House health system | Consumer News
A ground beef recall is in effect due to potential metal contamination. High Noon recalled vodka seltzers after they were mislabeled in Celsius energy drink cans. The White House is launching a new health tracking system. Plus, TikTok adds a misinformation feature, the United-JetBlue partnership is approved, O'Hare Airport tops Atlanta as busiest U.S. airport, Mars invests in domestic operations, a study reveals many Americans aren't using PTO, and ultra-processed foods may be linked to lung cancer.
A ground beef recall is in effect due to potential metal contamination. High Noon recalled vodka seltzers after they were mislabeled in Celsius energy drink cans. The White House is launching a new health tracking system. Plus, TikTok adds a misinformation feature, the United-JetBlue partnership is approved, O'Hare Airport tops Atlanta as busiest U.S. airport, Mars invests in domestic operations, a study reveals many Americans aren't using PTO, and ultra-processed foods may be linked to lung cancer.
119 JCPenney stores sold; see locations
JCPenney sold 119 of its stores in a nearly $1 billion deal. Here’s what we know.
JCPenney sold 119 of its stores in a nearly $1 billion deal. Here’s what we know.
Procter & Gamble price hike, YouTube age checks & June hiring slowdown | Business News
Business News: Procter & Gamble raise prices to offset tariffs. YouTube plans to launch new age-estimation technology to protect teens. Job openings fell in June. Plus, Apple Card deal in the works with Chase, Dannon's parent company sues Chobani, Starbucks unveils new products to boost sales, and a report shows 1 in 10 Americans are now millionaires.
Business News: Procter & Gamble raise prices to offset tariffs. YouTube plans to launch new age-estimation technology to protect teens. Job openings fell in June. Plus, Apple Card deal in the works with Chase, Dannon's parent company sues Chobani, Starbucks unveils new products to boost sales, and a report shows 1 in 10 Americans are now millionaires.
Cook County property tax bills are due?but no one's received them
The second installment of Cook County property taxes is technically due Aug. 1, but residents haven't received their bills due to years-long delays with a troubled technology upgrade involving Tyler Technologies.
The second installment of Cook County property taxes is technically due Aug. 1, but residents haven't received their bills due to years-long delays with a troubled technology upgrade involving Tyler Technologies.
Chicago Innovation leaders to ring NASDAQ closing bell in Times Square
Chicago Innovation CEO Luke Tanen and co-founder Tom Kuczmarski join us to discuss this national honor and what it means for the city's innovation community.
Chicago Innovation CEO Luke Tanen and co-founder Tom Kuczmarski join us to discuss this national honor and what it means for the city's innovation community.
McDonald's testing CosMc's-inspired drinks at restaurants
The drinks are concepts from CosMc’s, the chain’s all-beverage store concept which launched in 2023 and closed earlier this summer.
The drinks are concepts from CosMc’s, the chain’s all-beverage store concept which launched in 2023 and closed earlier this summer.
Paramount-Skydance merger, Intel job cuts & Amazon scam warning | Business News
Business News: The FCC approves the Paramount-Skydancer merger. Intel announces more job cuts amid steep revenue losses. Amazon warns Prime members about rising scams. Plus, PBS and NPR report a surge in donations, Lyft introduces a new feature, beef prices are on the rise, and Frigidaire issues a mini fridge recall.
Business News: The FCC approves the Paramount-Skydancer merger. Intel announces more job cuts amid steep revenue losses. Amazon warns Prime members about rising scams. Plus, PBS and NPR report a surge in donations, Lyft introduces a new feature, beef prices are on the rise, and Frigidaire issues a mini fridge recall.
Rite Aid closing 114 more stores across multiple states
Rite Aid is planning to shutter locations nationwide, including in states like Pennsylvania, California and New York.
Rite Aid is planning to shutter locations nationwide, including in states like Pennsylvania, California and New York.
Apple's legal win, Uber adds new feature & Microsoft server breach | Business News
Business News: Uber plans a new feature to match female drivers with female riders. Apple wins a court case over iPhone storage claims. Chinese hackers target Microsoft servers. Plus, a car cupholder controversy, flu shot updates, new teen safety tools from Meta, and a look at the benefits of a four-day work week.
Business News: Uber plans a new feature to match female drivers with female riders. Apple wins a court case over iPhone storage claims. Chinese hackers target Microsoft servers. Plus, a car cupholder controversy, flu shot updates, new teen safety tools from Meta, and a look at the benefits of a four-day work week.
Target dropping popular perk for shoppers amid slowing sales
Target is trying to reposition itself amid slowing sales and pressure from its rivals.
Target is trying to reposition itself amid slowing sales and pressure from its rivals.
Subway hires former Burger King exec Jonathan Fitzpatrick as new CEO
Subway has named Jonathan Fitzpatrick, a former Burger King executive and head of Driven Brands, as its new CEO following its 2024 acquisition by private equity firm Roark Capital.
Subway has named Jonathan Fitzpatrick, a former Burger King executive and head of Driven Brands, as its new CEO following its 2024 acquisition by private equity firm Roark Capital.
Trump administration aims to roll back more than 60 workplace safety rules
The U.S. Department of Labor has proposed eliminating dozens of labor protections, including minimum wage rules for home health workers and safety standards in construction, agriculture, and mining.
The U.S. Department of Labor has proposed eliminating dozens of labor protections, including minimum wage rules for home health workers and safety standards in construction, agriculture, and mining.
Paying off credit card debt in these states will take the longest, study finds
Credit card debt can feel overwhelming to tackle but residents in these states are finding it more challenging to pay it off quicker than others.
Credit card debt can feel overwhelming to tackle but residents in these states are finding it more challenging to pay it off quicker than others.
Summer spending stays strong despite trade tensions, experts say
Retail sales may be fluctuating, but experts say deal-hungry consumers are keeping the summer economy surprisingly resilient.
Retail sales may be fluctuating, but experts say deal-hungry consumers are keeping the summer economy surprisingly resilient.
US visa fee, In-N-Out move & Social Security repayments | Business News
Business News: It?s going to cost people more to visit the United States. People on Social Security might see smaller checks. In-N-Out is planning to leave California to move to Tennessee. Costco will replace Pepsi products with Coke products. Plus, a major privacy lawsuit and a sausage recall.
Business News: It?s going to cost people more to visit the United States. People on Social Security might see smaller checks. In-N-Out is planning to leave California to move to Tennessee. Costco will replace Pepsi products with Coke products. Plus, a major privacy lawsuit and a sausage recall.
UPS delivery drivers offered buyouts amid 'unique circumstances'
UPS is offering a voluntary separation package to full-time U.S. drivers amid a major network reconfiguration.
UPS is offering a voluntary separation package to full-time U.S. drivers amid a major network reconfiguration.
Trump reportedly plans order to open 401(k)s to private markets: What it means for your retirement
Financial firms already developing new investment products in anticipation of the executive order.
Financial firms already developing new investment products in anticipation of the executive order.
Coca-Cola sugar, FDA rules & higher price for coffee? | Consumer updates
Consumer updates: President Trump claims Coca-Cola will use real cane sugar, but the company has not confirmed this yet. The FDA plans to end certain food item regulations following RFK Jr.'s comments on outdated rules. The Social Security Administration is updating its my Social Security portal. Coffee prices may rise due to incoming tariffs.
Consumer updates: President Trump claims Coca-Cola will use real cane sugar, but the company has not confirmed this yet. The FDA plans to end certain food item regulations following RFK Jr.'s comments on outdated rules. The Social Security Administration is updating its my Social Security portal. Coffee prices may rise due to incoming tariffs.