Young Americans enlist in the armed services for many reasons, including the opportunity to gain new skills, get physically fit, and earn financial assistance to pay for college. One of the most common reasons, however, is to serve the country. On top of the more than 1.4 million active-duty service […]
Listing the most affordable metros for gasoline is becoming an increasingly challenging endeavor as the economic news becomes grimmer. The Labor Department on Friday said the consumer price index rose 8.6% in May from the same month a year ago, propelled by soaring energy and food prices. That is its […]
U.S. stocks shrugged off a weak start on Tuesday and despite staying a bit sluggish at times, kept moving higher and eventually ended the day’s session on a firm note. The major averages all finished with solid gains. The Dow, which dropped to 32,641.85 at the start, ended the session […]
Disney+ will generate $1.8 billion in U.S. ad revenue by 2025 from its forthcoming ad-supported streaming tier, with Netflix coming in at $1.2 billion, Wall Street analyst Michael Nathanson estimates in a new report. While Disney will pile up more cash, Netflix’s bottom line will benefit more from the influx […]
Taharka Brothers Ice Cream is recalling its Peanut Butter Cup ice cream that contains the recently recalled JIF peanut butter from ingredient supplier J. M. Smucker Co. The U.S. Food and Drug Administration said the recall was due to the potential for salmonella contamination. The recalled product comes in two […]
With job openings surging and unemployment at 3.6%, the U.S. labor market, by some estimates, is the tightest it has ever been. In this environment, Americans are quitting their jobs at a historic pace – many in search of higher pay – as employers are raising salaries to attract new […]
Asian stock markets are trading mostly lower on Tuesday, despite the broadly positive cues from Wall Street overnight, amid rising prospects of the Federal Reserve resorting to aggressive policy tightening to combat rising inflation. Traders remain cautious ahead of this week’s key inflation report from the U.S. which will offer […]
The S&P 500, down more than 3% in late-morning trade, fell into bear market territory Monday – defined by a dip of more than 20% from its most recent high — with little upbeat news on the horizon and not much going well on three key fronts: surging inflation, rising […]
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COVID-19 vaccine by Pfizer and its German partner, BioNTech, was effective and safe for use in children aged 6 months to 4 years, reports said citing the U.S. Food and Drug Administration staff reviewers. FDA staff stated that the available data support the effectiveness of the Pfizer-BioNTech COVID-19 Vaccine 3-dose […]
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