Yelp Closes Three US Offices, Says Remote Work Is Its Future
Yelp is closing three of its U.S. offices after finding most of its employees prefer to work remotely.
In a blog post Thursday, Yelp Co-Founder and CEO Jeremy Stoppelman said th...
Lakewood’s “Sary Wigs” Closes Instagram Account ‘To Make Space for Something Higher’
LAKEWOOD (VINnews) — Shaindy Braun has decided to close her "Sary Wigs" Instagram page, which has over 40,000 followers.
She wrote one final post, including this excerpt: "I am ...
Biden To Call For 3-Month Suspension Of Gas And Diesel Taxes
WASHINGTON (AP) — President Joe Biden on Wednesday will call on Congress to suspend federal gasoline and diesel taxes for three months — a move meant to ease financial pressures at...
Crypto Investors’ Hot Streak Ends As Harsh ‘Winter’ Descends
NEW YORK (AP) — The wealth-generating hot streak for bitcoin and other cryptocurrencies has turned brutally cold.
As prices plunge, companies collapse and skepticism soars, fort...
Yellen: Recession Not Inevitable, Gas Tax Holiday Weighed
REHOBOTH BEACH, Del. (AP) — Treasury Secretary Janet Yellen said Sunday that she expects the U.S. economy to slow in the months ahead, but that a recession is not inevitable.
Ye...
US Financial Markets Will Be Closed Monday For Juneteenth
NEW YORK (AP) — U.S. financial markets will observe the Juneteenth holiday for the first time on Monday.
Last year, Juneteenth was designated a federal holiday to mark the effec...
Bitcoin Drops Below $20,000 As Crypto Selloff Quickens
NEW YORK (AP) — Bitcoin fell below the psychologically important threshold of $20,000 on Saturday for the first time since late 2020, in a fresh sign that the selloff in cryptocurr...
Court: Amazon Customers Can Sue Over Lack Of Toxic Warnings
SAN FRANCISCO (AP) — The California Supreme Court on Wednesday left intact a ruling that allows customers to sue Amazon.com for failing to warn buyers that some products it sells m...
Cosmetics Giant Revlon Files For Chapter 11 Bankruptcy
NEW YORK (AP) — Revlon, the 90-year-old multinational beauty company, has filed for Chapter 11 bankruptcy protection, weighed down by debt load, disruptions to its supply chain net...
Mortgage Rates Explode By Most In 35 Years
WASHINGTON (AP) — Average long-term U.S. mortgage rates made their biggest one-week jump in 35 years, one day after the Federal Reserve raised its key rate by three-quarters of a p...
WhatsApp’s Reclusive Founder Has Quietly Become A Megadonor To Jewish Causes
NEW YORK (JTA) - The fighting in Ukraine has been called “a WhatsApp war” amid widespread reliance on messaging apps by journalists, soldiers and ordinary civilians, and their cen...
SHOCKING VIDEO: Armed Thieves Steal $1M in Jewelry and Threaten Employees With Guns
NEW JERSEY (VINnews) — About eight masked robbers dressed in hoodies and dark clothing are seen storming into Virani Jewelers during a wild smash-and-grab.
One suspect point...
Ford Recalls Over 2.9M Vehicles
DETROIT (AP) — Ford is recalling over 2.9 million vehicles to fix a transmission problem that can increase the risk of inadvertent rollaway crashes.
The recall covers certain 20...
Fed’s Largest Hike Since 1994, Desperate to Tame Massive Inflation
WASHINGTON (AP) — The Federal Reserve on Wednesday intensified its drive to tame high inflation by raising its key interest rate by three-quarters of a point — its largest hike in ...
Retail Sales In May Slip 0.3% Amid Surging Inflation
NEW YORK (AP) — Americans cut their spending unexpectedly in May compared with a month before, underscoring how surging inflation on daily necessities like gas is causing them to b...
Israeli-Based Company Seeks Approval To Ease US Shortage Of Baby Formula
JERUSALEM (JNS) - An Israeli-based company hopes to fill the void as the baby-formula shortage in the United States continues with parents continuing to find store shelves bare, pa...
Explainer: Recession Fears Grow. Just How High Is The Risk?
WASHINGTON (AP) — Inflation is at a 40-year high. Stock prices are sinking. The Federal Reserve is making borrowing much costlier. And the economy actually shrank in the first thre...
Cooling Housing Market Prompts Layoffs At Redfin
SEATTLE (AP) — Redfin, the Seattle-based real estate brokerage, says it will lay off 8% of its employees as the housing market cools off.
The Seattle Times reports CEO Glenn Kel...
Congress Examines Fraud In Covid Aid For Small Businesses
A congressional panel Tuesday will examine payouts under a federal coronavirus pandemic aid program intended to help small businesses weather the COVID-19 outbreak amid revelations...
Treasury Bond Yield Inversion Raises Worries Over Recession
NEW YORK (AP) — One of the more reliable warning signals for an economic recession is shining alarmingly brighter.
The “yield curve” is watched for clues on how the bond market ...