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FedEx, UPS pledge to refund customers after Supreme Court tariff decision15:09 FedEx and UPS plan to pass tariff refunds back to customers after a Supreme Court ruling struck down duties imposed under IEEPA. Fed's favored inflation gauge remained elevated in March15:09 The latest PCE inflation data was released by the Commerce Department which showed that inflation rose and remained elevated in March due in part to the Iran war s impact. Mamdani tax break proposal sparks fears as business leaders warn of ‘fragile’ NYC economy13:33 Business leaders warn NYC Mayor Zohran Mamdani s proposal to scale back a key tax credit could hurt small businesses and drive companies out of the city. Sticker Mule demands Google fix ‘mislabeled’ ads tying company to CEO’s New York political campaign12:29 Sticker Mule demands Google correct what it calls an error that labeled its commercial ads as paid for by the Constantino for Congress campaign. Credit expert warns borrowers about the 'American drain' as new mortgage scoring models take effect12:29 Credit repair expert Micah Smith says new VantageScore 4.0 mortgage rules let rent payments count, but warns late payments and high balances cut both ways. US shrimpers face ‘double whammy’ from soaring fuel costs, tariff refunds10:20 Rising fuel costs and tariff refund policies are pressuring US shrimpers, with some delaying trips as profitability declines. Chanel unveils sandal that only covers heel, sparking mixed reactions8:12 Chanel s controversial new sandal leaves most of the foot exposed, sparking heated debate online after debuting at the Cruise 2027 show in Biarritz. Nearly 13K toddler towers recalled after dozens of injuries from stools collapsing, tipping5:01 Nearly 13,000 toddler tower stools across three brands were recalled after reports of collapsing and tipping led to dozens of injuries, regulators said. Powell says he'll stay on Fed board after chairmanship ends but won't be a 'shadow Fed chair'1:18 Fed Chair Jerome Powell says he won t retire after his term ends next month, pledging to be a constructive governor and not a shadow Fed chair. Bessent says US seized nearly $500M in Iranian crypto as Operation Economic Fury sends regime into ‘crisis’0:46 Treasury Secretary Scott Bessent says the U.S. maximum economic pressure campaign on Iran has sent the regime into "crisis," with nearly $500 million in crypto assets seized. Costco changes beloved $1.50 hot dog deal for the first time in decades: reports23:42 Costco s iconic $1.50 hot dog and drink combo reportedly now offers a Kirkland Signature bottled water swap option alongside the traditional soda. United pilot reports midair drone scare near airport during landing approach23:10 A United Airlines pilot reported a possible drone encounter at thousands of feet while approaching a major airport, raising concerns about unauthorized devices in restricted airspace. Federal government made $186B in improper payments last fiscal year23:10 Improper federal payments hit $186 billion in fiscal year 2025, with Medicare, Medicaid and tax credits accounting for the bulk, a new GAO report finds. Federal Reserve leaves interest rates unchanged as Powell's chairmanship nears end20:30 Federal Reserve policymakers left interest rates unchanged in April amid concerns about elevated inflation and as Fed Chair Jerome Powell s term as central bank chairman draws to a close. |
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