It’s not easy eating green, especially if you’re buying organic. That’s according to a Lending Tree analysis that found organic foods are seeing the steepest price hikes amid stubbornly high inflation. Prices for organic fruits and vegetables rose 13.1% over the past year, compared with just under 10% for conventional …
Read More »Starbucks’ newest coffee drink comes with a surprise: olive oil
Starbucks is launching a sweet new line of coffees with a savory twist: one heaping tablespoon of olive oil. The coffee chain this week announced the new “Oleato” beverage line, which includes three coffees crafted with the Mediterranean staple: the Oleato latte with oat milk and olive oil, the Oleato …
Read More »Salary jobs with fake “manager” titles cost workers $4 billion in overtime, study finds
Would you rather be a front-desk clerk or “Director of First Impressions”? A barber or a “Grooming Manager”? How you answer could mean a significant difference in annual earnings. That’s because companies routinely inflate workers’ titles to avoid paying them in full for overtime work, according to researchers from the …
Read More »Looking to get hired? These are the best months to try.
Anyone looking to switch jobs should spend the next few weeks polishing their resume and putting their search in overdrive. That’s because the first few months of the year are the best time for job hunters, according to one expert. U.S. employers typically finalize their corporate budgets in January and …
Read More »Crypto lender Genesis declares bankruptcy as digital currency woes widen
Cryptocurrency lending company Genesis is seeking Chapter 11 bankruptcy protection as faltering prices and the collapse of FTX Trading continue to rattle the industry. Genesis filed for bankruptcy on Thursday in the Southern District of New York. Genesis said its other subsidiaries tied to derivatives and spot trading are not included in …
Read More »Victoria’s Secret brand CEO Amy Hauk resigns less than a year into job
Victoria’s Secret brand CEO Amy Hauk has announced her resignation after less than a year at the helm of the women’s lingerie company. Hauk, the CEO of the Victoria’s Secret and the Pink brands, notified the company of her decision on Dec. 27, 2022, according to a Jan. 3 securities filing. …
Read More »Target recalls 204,000 weighted blankets after two kids die by suffocation
Target is recalling about 204,000 weighted blankets sold nationwide after the suffocation deaths of two girls in April, the retailer and U.S. Consumer Product Safety Commission announced on Thursday. A 4-year-old and 6-year-old reportedly became entrapped in the cover of the Pillowfort blanket and died due to asphyxia at Camp …
Read More »Microsoft heads for battle with FTC over $68.7B Activision Blizzard deal
Microsoft is headed for a battle with the U.S. government over whether regulators will block the tech giant’s planned takeover of video game company Activision Blizzard. Microsoft on Thursday filed a formal response to the Federal Trade Commission’s claims that the $68.7 billion deal is an illegal acquisition that should …
Read More »Stocks fall as recession fears grow, marking 2nd straight weekly loss
Stocks ended lower on Wall Street as worries grow that the Federal Reserve and other central banks are willing to bring on a recession if that’s what it takes to get inflation under control. The S&P 500 fell 42 points, or 1.1%, to 3,854 Friday, closing out its second straight …
Read More »Stocks close mixed after strong hiring report fuels inflation worries
Markets were mixed on Friday after a surprisingly strong jobs report renewed worries about inflation and more rate hikes from the Federal Reserve. The S&P 500 ended down 0.1% and the Nasdaq lost 0.2% after being down even more earlier in the day. The Dow ended slightly higher, closing up …
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