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1d ago

California second-grade teacher becomes rare traveler to visit every country in the world

“The more I travel, the more I realize I haven’t seen anything yet,” Lucy Hsu tells TODAY.com.
Lucy Hsu
Lucy Hsu

Peloton CEO Barry McCarthy to step down, company to lay off 15% of staff as it looks to refinance debt

The moves are designed to realign Peloton’s cost structure with the current size of its business, it said in a news release.
Barry McCarthy, CEO of Peloton Interactive Inc, and his wife Valerie
Barry McCarthy, CEO of Peloton Interactive Inc, and his wife Valerie
2d ago

Long-predicted consumer pullback finally hits restaurants like Starbucks, KFC and McDonald's

The cost of eating out at quick-service restaurants has climbed faster than that of eating at home.
A Starbucks barista fulfills an order in a South Philadelphia store
A Starbucks barista fulfills an order in a South Philadelphia store

Google lays off hundreds of 'Core' employees, moves some positions to India and Mexico

Alphabet has been slashing headcount since early last year, when the company announced plans to eliminate about 12,000 jobs, or 6% of its workforce.
Google Illegal Deal With Facebook Alleged In Monopoly Suit
Google Illegal Deal With Facebook Alleged In Monopoly Suit
2d ago

Fed chair Jerome Powell: No sign of stagflation in U.S. economy

Even as inflation remains stubbornly high and some signs of slowing growth emerge, today's economy can't be compared to the problems of the 1970s, Powell said.
Jerome Powell speaks
Jerome Powell speaks
2d ago

DOJ charges ‘Bitcoin Jesus’ with $48 million tax fraud, seeks extradition

Roger Ver was arrested in Spain over the weekend and is being extradited to the United States to face criminal trial.
Portrait of Roger Ver
Portrait of Roger Ver
2d ago

Federal Reserve keeps interest rates at current levels as inflation holds its grip

Consumers will have to keep waiting for price increases to slow further, experts say.
99 Cents Only Store, Southern California
99 Cents Only Store, Southern California

Johnson & Johnson to pay $6.5 billion to resolve nearly all talc ovarian cancer lawsuits in U.S.

The deal, pending approval by claimants, would allow J&J to resolve the lawsuits through a third bankruptcy filing of a subsidiary company.
A container of Johnson's baby powder.
A container of Johnson's baby powder.
2d ago

Scammers bilked older Americans out of $3.4 billion last year, often using cryptocurrency

More than 12,000 people ages 60 and older indicated they fell victim to fraud involving cryptocurrency.
Old man using smart phone.
Old man using smart phone.
2d ago

Private payrolls increased by 192,000 in April, more than expected for resilient labor market

Job gains were strongest in leisure and hospitality, which posted an increase of 56,000.
An employee hands a bag to a customer at the drive-thru of a McDonald's restaurant in Los Angeles on April 1, 2024.
An employee hands a bag to a customer at the drive-thru of a McDonald's restaurant in Los Angeles on April 1, 2024.
2d ago

DJT shares close down more than 9% as Trump Media hot streak stalls

The company, which owns the Truth Social app, has seen its share price increase by more than 50% in the past week.
The logo of Donald Trump's Truth Social app.
The logo of Donald Trump's Truth Social app.

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