Federal Trade Commission building Jeff Greenberg | Universal Images Group | Getty Images WASHINGTON — The Federal Trade Commission on Friday announced that it fined Kubota, one of the world’s largest tractor manufacturing companies, $2 million for mislabeling some of its replacement parts as “Made in the USA.” “Today’s settlement […]
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Intel has worst day since 2020 on weak outlook
Intel CEO Pat Gelsinger speaks during an event called AI Everywhere in New York, Thursday, Dec. 14, 2023. Intel shares slumped 12% on Friday for their steepest drop since July 2020, after the chipmaker issued a forecast for the current quarter that came in far short of analysts’ estimates. In […]
Trump jury deliberates on sex defamation damages for E. Jean Carroll
Former U.S. President Donald Trump departs for his second civil trial after E. Jean Carroll accused Trump of raping her decades ago, outside a Trump Tower in the Manhattan borough of New York City, U.S., January 26, 2024. Eduardo Munoz | Reuters Jurors at the sex defamation trial of Donald […]
Top UN court rules Israel must prevent genocide in Gaza, falls short of ordering a cease-fire
A view of giant screen showing Nelson Mandela’s quote as people, holding Palestinian flags, gather outside the International Court of Justice during the session on the day the International Court of Justice (ICJ) rule on Gaza genocide case against Israel made by South Africa in the Hague, the Netherlands on […]
Shut out of the high-flying Super Six? Here are some entry prices to consider
Is it too late to get in on the Super Six? That’s the old Magnificent Seven, minus the recently not-so-magnificent Tesla . It’s a question we get from members all the time. And for good reason: Apple has rallied the least over the past year but is still up a […]
Jamie Dimon: Improving this tax credit for low- to middle-income families is a ‘no brainer’
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., at the UK Global Investment Summit at Hampton Court Palace in London, UK, on Monday, Nov. 27, 2023. Chris Ratcliffe | Bloomberg | Getty Images When filing tax returns this season, low- to middle-income families may have money coming back […]
IRS set to launch its free tax-filing pilot program for some taxpayers. Here’s what to expect
IRS Commissioner Daniel Werfel testifies before a Senate Finance Committee hearing on Feb. 15, 2023. Kevin Lamarque | Reuters As the tax season kicks off next week, Americans have several free filing options — and some taxpayers will soon qualify for a new offering from the IRS. Known as Direct […]
Saudi Arabia’s first alcohol store is a big step, but also aims to tackle a longstanding problem: Booze smuggling
Saudi Arabia’s first alcohol store has opened in the diplomatic quarter of its capital Riyadh, accessible to non-Muslim diplomats. While it only affects a select group, it’s a big change for the highly conservative Muslim kingdom, where alcohol has been banned since 1952 after a Saudi prince murdered a British […]
Jury starts deliberations at Trump sex defamation trial
Former U.S. President Donald Trump departs for his second civil trial after E. Jean Carroll accused Trump of raping her decades ago, outside a Trump Tower in the Manhattan borough of New York City, U.S., January 26, 2024. Eduardo Munoz | Reuters Jurors at the sex defamation trial of Donald […]
‘The economy isn’t sick right now,’ economist says—here’s why Americans still feel like it is
Sentiment about the U.S. economy is currently in an upswing: 28% of Americans would say the economy is either excellent or good, according to recent data from Pew Research Center. In April 2022, only 19% expressed the same positivity. Still, this is far below what perceptions of the economy were […]