The number of nationwide CDs paying at least 5.50% APY has decreased to 45 options, but the top rate remains at 6.00% APY for a 1-year term, and the leading jumbo certificate offers 5.85% APY on a 170-day option.
United Airlines experienced a brief halt in flights due to a software issue, while the UK's National Air Traffic Systems (NATS) faced chaos in its airspace caused by a failure in its system due to an "astonishing software design screw-up."
3M has agreed to pay $6.01 billion to settle lawsuits brought by U.S. military veterans and service members who claimed hearing loss from using the company's earplugs.
Kroger and Albertsons are in talks to sell over 400 stores to C&S Wholesale Grocers for nearly $2 billion as part of their proposed $25 billion merger, in an effort to appease antitrust regulators at the Federal Trade Commission.
Oil prices ease as uncertain economic outlook for China outweighs expectations of tighter supplies from extended supply cuts in Saudi Arabia and Russia.
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Investors who lost money when Elon Musk tweeted about taking Tesla private may soon receive a $41.53 million payout as part of a settlement for federal securities fraud charges.
The Internal Revenue Service has extended the deadline for compliance with the new requirement for Roth catch-up contributions until 2026, allowing higher-income participants in retirement plans to designate their catch-up contributions as after-tax Roth contributions.
Turkish-Dutch Corendon Airlines is introducing an "adults-only" zone on flights between Amsterdam and Curaao, offering seats at the front of the plane exclusively for passengers aged 16 and older at an additional cost.
Apple shares fell over 2.6% as China plans to extend a ban on iPhone use to state-owned corporations, while Dutch Bros dropped 6% after announcing a public offering of $300 million in shares, and Dave & Buster's shares fell over 3% due to weaker-than-expected earnings.
As COVID-19 cases rise and schools reopen, Americans are using expired at-home COVID-19 test kits, raising concerns about their effectiveness, although some kits may still be safe to use.
Mark Thompson, former leader of The New York Times and BBC, is expected to be named as the new executive to oversee CNN, marking the fifth change in leadership since early 2022.
The United Auto Workers union is set to meet with General Motors to hear the automaker's counter offer after accusing the company of dragging its feet in negotiations, with the union threatening a strike if a deal is not reached by the contract deadline.
California has launched a mobile driver license pilot program that allows users to verify their age for purchases and speed up airport security checks, with over 100,000 people already signed up.
The Mega Millions jackpot reached $52 million after no one won the previous drawing, with the next drawing scheduled for Friday, August 25, 2023.
Google Flights introduces a new feature that provides guidance on the most budget-friendly time to book flights, offering insights on when prices have typically been lowest based on reliable trend data.
German business software maker SAP has acquired software management company LeanIX to enhance its business transformation portfolio, with the transaction expected to close in the fourth quarter.
The Dow Jones Industrial Average dropped after a decrease in initial unemployment claims, while Apple stock declined due to China's order for officials to not use iPhones and other foreign-branded devices for work.
Several people were taken to the hospital after a Delta Airlines flight experienced severe turbulence before landing at Hartsfield-Jackson International Airport in Atlanta.
The Bill and Melinda Gates Foundation Trust purchased 1.7 million shares of Anheuser-Busch last quarter, seeing the beer's slump as an opportunity to buy the dip following the backlash against Bud Light's partnership with transgender activist Dylan Mulvaney.
Car manufacturers, including Nissan and Volkswagen, are collecting extensive amounts of data on drivers and passengers, including tracking sexual activity, according to a report by Mozilla Foundation, raising concerns about privacy and data protection.
Maui County has filed a lawsuit against the Hawaiian Electric Company, claiming that the utility company's negligence in keeping power lines energized during high wind conditions caused the devastating wildfires that killed over 100 people and burned thousands of acres of land.
The Electric Reliability Council of Texas (ERCOT) has issued a Voluntary Conservation Notice to customers, urging them to conserve electricity due to low wind-power generation and high demand, with the potential for controlled outages if conditions worsen.
Southwest Airlines warns of softer August bookings and higher fuel costs in the third quarter due to rising crude oil prices, while also trimming its expectations for revenue per available seat mile.
United Airlines has resumed flights after experiencing a systemwide technology issue that temporarily halted departures nationwide.
Apple stock is experiencing a decline leading up to the release of the iPhone 15.
Former FTX executive Ryan Salame is expected to plead guilty to criminal charges related to the fraud case against FTX founder Sam Bankman-Fried, increasing legal pressure on Bankman-Fried as he prepares to stand trial.
The average U.S. home price has increased by 2.6% to $382,000 due to a lack of inventory, which has dropped more than demand, and significant declines in home prices have been seen in areas such as Austin, Detroit, and Phoenix, according to an analysis by Redfin.
A mother is suing Peloton after her son died when one of their exercise bikes fell on him, severing an artery in his neck, leading to his death.
Tesla has been ordered by federal automotive safety regulators to provide extensive data on its driver assistance and driver monitoring systems, including information on the "Elon mode" configuration that allows drivers to use Autopilot without prompts to engage the steering wheel.
Apple's stock fell nearly 4% and triggered a tech stock selloff after reports that China has expanded restrictions on iPhone use by government employees, leading to concerns about the financial impact of escalating tensions between the US and China.
Mortgage rates have increased over the past week, with the average interest rates for 15-year fixed and 30-year fixed mortgages rising, while the average rate for 5/1 adjustable-rate mortgages declined; the Federal Reserve's efforts to control inflation by raising the federal funds rate may impact mortgage rates, but experts suggest that the markets have already factored in the increase.
The FDA is warning people to stop using certain brands of eyedrops due to fungal and bacterial contamination, which can pose a risk to consumers and potentially lead to serious vision-threatening infections.
Nike's stock has experienced a 10-day losing streak, the longest in the company's history, as consumers pull back from the footwear sector and slow activewear sales weigh on its performance.
The United Auto Workers (UAW) may employ a strategy similar to the 1998 strike if they decide to strike against the Detroit automakers next month, potentially causing serious damage to the industry by targeting key component plants or focusing on one automaker while striking at plants that produce its bestselling vehicles.
Two co-founders of cryptocurrency mixer Tornado Cash have been charged with operating a scheme that allegedly laundered hundreds of millions of dollars for North Korean hackers.
Subway has agreed to be sold to private equity firm Roark Capital for $9.55 billion, with certain conditions attached that defer payment on part of the deal consideration until Subway's cash flow reaches specified milestones in the future.
Chicago has filed a lawsuit against Hyundai and Kia, alleging that the automakers' failure to install anti-theft technology in their cars has led to a significant increase in vehicle thefts and crime in the city.
Bags of frozen vegetables sold at Food Lion and Kroger are being voluntarily recalled due to potential contamination with harmful bacteria, specifically Listeria monocytogenes, with no reported illnesses or complaints associated with the product.
A New York man's family claims he was killed by his Peloton bike, but the company argues that his own negligence caused his death, according to a lawsuit filed in state court.
Google and YouTube will require election ads created with artificial intelligence to carry a clear disclosure, aiming to address concerns about the spread of deceptive information online.
Elon Musk ordered the shutdown of his Starlink satellite communications network to prevent a Ukrainian sneak attack on the Russian naval fleet, fearing it could escalate to a nuclear war, according to a new biography by Walter Isaacson.
ERCOT issued an Energy Emergency Alert 2 due to "low power reserves," but grid conditions returned to normal shortly after.