Tag Archives: MoneyWatch

U.S. road safety regulators have sent a team to investigate a crash involving a Tesla that may have been operating on a partially automated driving system when it hit a student leaving a school bus. The National Highway Traffic Safety Administration (NHTSA) on Friday said it will probe the March …

Buying and renovating homes, then quickly selling them for a higher price, is still a money-making venture, but the art of house flipping isn’t as profitable it once was, new real estate data shows. Investors flipped more than 407,000 single-family homes and condos last year, up 58% from 2020, according …

Seniors and millions of others on Social Security get an annual cost-of-living adjustment (or COLA) that’s geared toward aligning their monthly checks with inflation. Next year, that COLA could be 3% — or even lower — based on recent inflationary trends, according to an early estimate from the Senior Citizens …

Ozy Media billed itself as “the New and the Next” as its charismatic cofounder, former MSNBC and CNN host Carlos Watson, attracted millions of dollars from investors on a promise to attract young, sophisticated audiences. But on Wednesday, the once-buzzy company didn’t even have representation in court as it was …

Face masks, once an essential Covid-19 protective measure, are now being worn by criminals to conceal their identities, according to New York police who are urging businesses to unmask customers before letting them in stores. The recommendation is a 180-degree turn from mask-wearing norms at the onset of the pandemic. …

Organized retail crime is costing stores roughly $100 billion a year — but some measures to clamp down on the theft could be turning away shoppers. So-called “retail shrink,” the industry term for theft-related and other losses, has grown in recent years, driven by an uptick in experienced groups of …

Subway said Tuesday that it’s exploring a possible sale of the sandwich company. Milford, Connecticut-based Subway has been privately owned since its founding in 1965. It’s now one of the world’s largest restaurant chains, with 37,000 outlets in more than 100 countries. In a statement posted on its website, Subway …

A Chinese food blogger has been fined about $18,500 after she posted a video last year that showed her buying, preparing and eating a great white shark, an animal that is protected in China.  The food blogger, who goes by the name Tizi, posted the video on Chinese social media …

A central piece of the Biden administration’s plan for tackling student debt could cost twice as much as the government estimates, according to a new analysis. That projection comes as the White House’s better-known debt-relief initiative — a program to forgive up to $20,000 in student loans per borrower — remains …

Over 200,000 Americans went on strike in 2022, making it the hottest year for work stoppages since 2005. But a case argued before the U.S. Supreme Court this week could make striking, a right enshrined in labor law for nearly a century, much riskier for workers. The case, Glacier Northwest …