MoneyWatch

The Teamsters Union and UPS on Wednesday accused each other of abandoning labor negotiations aimed at averting what would be the largest strike in the U.S. since the 1950s. The union, which represents roughly 340,000 full- and part-time drivers, loaders and package handlers, said UPS presented an “unacceptable offer” that …

Young Americans just embarking on their careers should turn their gaze toward the country’s South, a new report suggests. A growing number of southern cities offer the best balance of affordability, employment opportunities, long-term career potential and overall quality of life, according to Bankrate, which ranked the 50 largest metro areas based …

Looking for a job? You may find yourself “face to face” with an artificial intelligence bot, rather than a person. Corporate recruiters have long used AI to quickly scan job applications and whittle down the number of applicants. Now, companies are increasingly using the technology to conduct the job interview …

Millions of Americans face poor air quality advisories as smoke from Canadian wildfires sweeps across the Northeast, afflicting outdoor workers, commuters and just about anyone who ventures outside Wednesday in affected areas. Although health experts recommend staying indoors, that’s not possible for people whose work requires them to be outdoors, …

As millions of Americans prepare to jet off on their winter holiday vacations, they’ll face a delicate — and potentially painful — question of air etiquette that often leads to bruised feelings and knees: to recline or not to recline?  Air travel is expected to be more crowded, expensive and …

With inflation remaining stubbornly high, Americans are piling up a mountain of credit card debt as they use plastic to offset their shrinking purchasing power. Consumers now owe a record $986 billion on their charge cards, up 17% from a year earlier, according to the Federal Reserve Bank of New …

Wells Fargo has agreed to pay $1 billion to settle a class-action lawsuit from investors who claimed the bank hadn’t been honest about its progress in cleaning up its practices following a scandal involving opening fake accounts. If approved by the court, the settlement would mark one of the largest …

A lively U.S. labor market in the past two years has been a rare bright spot in a fitful economic recovery from the pandemic, with robust job growth bringing the nation’s unemployment rate close to a 50-year low. But with a possible recession looming, many companies are now slamming the …

The family of Formula One great Michael Schumacher plans to take legal action against a German magazine for publishing what it claimed to be an artificial intelligence-generated interview with Schumacher. Family spokesperson Sabine Kehm confirmed to The Associated Press by email on Thursday that legal action is being planned over …

Inflation is no longer Americans’ No. 1 concern. Nowadays, it’s the price of health care that’s making Americans sweat.  Health care costs are the top concern among middle-income American households for the first time since 2021, outpacing inflation, according to a national survey from financial service provider Primerica. While more …