Although Americans can’t yet buy a fully autonomous vehicle, some motorists are treating technologies that take on some of the chores of driving like their personal chauffeur, according to a new study from the Insurance Institute for Highway Safety. Such tech can help keep your car from drifting into another …
Read More »Tupperware moves from living rooms to Target stores
Introverts in need of Tupperware rejoice: You no longer have to attend a potentially awkward social gathering to obtain some of the iconic plastic food storage containers. Starting this week, the brand known for getting into American kitchens via Tupperware parties for the past 76 years is being sold online …
Read More »Interest rates are shooting up. So why is your savings account still paying 0.13%?
Interest rates are rising, with the Federal Reserve on Wednesday boosting its benchmark rate for the fifth time this year to a target of 3.25%. But Americans hoping to profit from a similar rise in their savings accounts rates have been out of luck this year. To be sure, savings …
Read More »“It’s becoming too expensive to live”: Anxious older adults struggle with tight budgets
Economic insecurity is upending the lives of millions of older adults as soaring housing costs and inflation diminish the value of fixed incomes. Across the country, seniors who until recently successfully managed limited budgets are growing more anxious and distressed. Some lost work during the covid-19 pandemic. Others are encountering …
Read More »It now costs $310,000 to raise a child: “Something has to give”
Americans who are thinking about starting a family have a new datapoint to consider: The cost of raising a child from birth to age 17 will set you back by about $310,000. That’s according to a new analysis from the Brookings Institution, which analyzed the Department of Agriculture’s 2015 estimate …
Read More »McDonald’s to test a chicken Big Mac in the U.S.
The Big Mac is losing the beef in favor of a chicken patty as a poultry version of the iconic burger debuts later this month in Florida after a successful trial in Britain, McDonald’s confirms. First reported by the Washington Post, Chicago-based McDonald’s plans to test a chicken Big Mac …
Read More »Amazon is turning Ring security videos into TV show
Amazon is putting surveillance footage captured by its Ring cameras toward a new TV show, demonstrating the economywide reach of one of America’s most powerful companies. Hollywood studio MGM, which Amazon bought this year, will use footage from Ring, which Amazon bought in 2018, to create a show in the …
Read More »What the Fed’s latest interest
The Federal Reserve is again using its most potent weapon in trying to douse the hottest inflation in 40 years: interest rate hikes. But the central bank’s move Wednesday to further raise borrowing costs means consumers and businesses are grappling with back-to-back increases of three-quarters of percentage point — a double-barrel …
Read More »Inflation and recession fears weigh on small businesses
It’s not just consumers who are grappling with the worst bout of inflation in 40 years. Small business owners also say surging costs are affecting them. Nearly 90% of small business owners say current economic trends, including inflation, ongoing supply-chain snarls and staffing challenges, are hampering how they operate, according to a …
Read More »Stimulus check: Californians will get up to $1,050 in “inflation relief” checks
About 23 million California residents will receive “inflation relief” checks of up to $1,050 after Governor Gavin Newsom on Thursday signed a $308 billion state budget that includes the payments. The checks are part of a $17 billion relief package that will also suspend the state’s sales tax on diesel …
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