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Economy

Ben & Jerry’s co-founder resigns, claiming parent company Unilever ‘silenced’ its campaigning

September 18, 2025

Jerry Greenfield, co-founder of the Ben & Jerry’s ice cream brand, has stepped down from the company he started 47 years ago citing a retreat from its campaigning spirit under parent company Unilever. Greenfield wrote in an open letter late Tuesday night — shared on X by his co-founder Ben Cohen — that he could […]

Economy

LimeWire acquires Fyre Festival, asking ‘What Could Possibly Go Wrong?’

September 17, 2025

LimeWire, the filesharing service that set the internet ablaze in the 2000s before being shut down for copyright infringement, said Tuesday that is acquiring the rights to Fyre Festival. And it appreciates the irony. ‘LimeWire Acquires Fyre Festival Brand — What Could Possibly Go Wrong?’ the company titled its news release. LimeWire said it would […]

Economy

Convenience stores are eating fast-food chains’ breakfast

September 15, 2025

Fast-food restaurants are losing breakfast customers to convenience stores. Morning meal traffic to fast-food chains rose 1% in the three months ended in July, while visits to food-forward convenience stores climbed 9% in the same period, according to market research firm Circana. “Over the long run, convenience stores have taken share, really at foodservice overall, […]

Economy

Trump administration ramps up pressure on Labor Department with data probe

September 11, 2025

The Labor Department has announced an inquiry into the Bureau of Labor Statistics over recent changes to its data practices. In a letter published Wednesday, the office of the inspector general for the Labor Department cited the BLS’ recent decision to reduce data collection activities for two key inflation reports, as well as the large […]

Economy

Kenvue stock drops 10% on report RFK Jr. will link autism to Tylenol use during pregnancy

September 8, 2025

Shares of Kenvue fell more than 10% on Friday after a report that Health Secretary Robert F. Kennedy Jr. will likely link autism to the use of the company’s pain medication Tylenol in pregnant women. HHS will release the report that could draw that link this month, The Wall Street Journal reported on Friday. That […]

Economy

Mortgage rates see biggest one-day drop in over a year

September 6, 2025

The average rate on the 30-year fixed mortgage dropped 16 basis points to 6.29% Friday, according to Mortgage News Daily, following the release of a weaker-than-expected August employment report. It’s the lowest rate since Oct. 3 and the biggest one-day drop since August 2024. Rates are finally breaking out of the high 6% range, where […]

Economy

Trump family’s American Bitcoin makes stock market debut

September 5, 2025

Shares in the Trump family’s latest cryptocurrency made its stock market debut Wednesday, triggering more ethical concerns as the Trumps look to cash in on crypto as the president’s administration weakens regulations for the nascent industry. American Bitcoin, a firm co-founded this spring by Eric Trump, the president’s son, saw its share price climb as […]

Economy

Apple has survived Trump’s tariffs so far. It might raise iPhone prices anyway.

September 5, 2025

When Tim Cook gifted President Donald Trump a gold and glass plaque last month, the Apple CEO was hailed by Wall Street for his job managing the iPhone-maker’s relationship with the White House. Cook, Wall Street commentators said, had largely navigated the threat of tariffs on Apple’s business successfully by offering Trump an additional $100 […]

Economy

Paramount mandates 5-day-a-week return to office ahead of major cost cuts

September 5, 2025

David Ellison continues to put his stamp on Paramount after its acquisition by Skydance. The CEO and chairman told employees Thursday that they will be expected to work in the office five days a week starting Jan. 5, 2026, according to a memo obtained by CNBC. Employees who do not wish to make the transition […]

Economy

Amazon cracks down on Prime free shipping sharing

September 4, 2025

Amazon is eliminating a program that allows members of its Prime subscription program to share free shipping benefits with people outside their household. The company began notifying users in recent days that it plans to end the Prime Invitee Program on Oct. 1, according to a notice viewed by CNBC. “We are writing to inform […]

Economy

Crash victims’ families prepare to make what could be their final plea for Boeing’s prosecution

September 4, 2025

Families who lost loved ones in two crashes of Boeing 737 Max jetliners may get their last chance to demand the company face criminal prosecution Wednesday. That’s when a federal judge in Texas is set to hear arguments on a U.S. government motion to dismiss a felony charge against Boeing. U.S. prosecutors charged Boeing with […]

Economy

Disney to pay $10 million to settle FTC complaint over collection of children’s data on YouTube

September 4, 2025

The Walt Disney Company will pay $10 million to settle Federal Trade Commission allegations that it enabled the unlawful collection of children’s personal data on YouTube. The FTC claimed the company allowed data to be collected from kids who viewed videos directed at children on YouTube without notifying parents or obtaining their consent. The complaint […]

Economy

Kraft Heinz to split into two companies

September 3, 2025

Kraft Heinz will split into two companies, reversing much of the blockbuster $46 billion merger from a decade ago that created one of the biggest food companies in the world. The first of the two new companies, which are not yet named, will primarily include shelf-stable meals and will be home to brands such as […]

Economy

U.S. judge orders Google to share search data with competitors

September 3, 2025

Alphabet’s Google must share data with rivals to open up competition in online search, a judge in Washington ruled on Tuesday, while rejecting prosecutors’ bid to make the internet giant sell off its popular Chrome browser and Android operating system. Google CEO Sundar Pichai expressed concerns at trial in the case in April that the […]

Economy

Rhode Island’s ‘Taylor Swift Tax’ on vacation homes of the wealthy is spreading to other states

September 2, 2025

A new push by states to tax the real estate of the wealthy has sparked a backlash among brokers and potential buyers, who say the taxes punish the most important local spenders. From tax hikes on pricey second homes in Rhode Island and Montana to Cape Cod’s proposed transfer tax on homes over $2 million […]

Browse category by Economy

Ben & Jerry’s co-founder resigns, claiming parent company Unilever ‘silenced’ its campaigning

LimeWire acquires Fyre Festival, asking ‘What Could Possibly Go Wrong?’

Convenience stores are eating fast-food chains’ breakfast

Trump administration ramps up pressure on Labor Department with data probe

Kenvue stock drops 10% on report RFK Jr. will link autism to Tylenol use during pregnancy

Mortgage rates see biggest one-day drop in over a year

Trump family’s American Bitcoin makes stock market debut

Apple has survived Trump’s tariffs so far. It might raise iPhone prices anyway.

Paramount mandates 5-day-a-week return to office ahead of major cost cuts

Amazon cracks down on Prime free shipping sharing

Crash victims’ families prepare to make what could be their final plea for Boeing’s prosecution

Disney to pay $10 million to settle FTC complaint over collection of children’s data on YouTube

Kraft Heinz to split into two companies

U.S. judge orders Google to share search data with competitors

Rhode Island’s ‘Taylor Swift Tax’ on vacation homes of the wealthy is spreading to other states

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