Industry data show that Americans are spending more on food than before the pandemic. And in a sign of the times, that is driving up food prices amid the sharpest bout of inflation in the U.S in 40 years. “Customer demand continues to outpace our ability to supply products,” Tyson Foods …
Read More »Amazon CEO says there’s no “silver bullet” for curbing worker injuries
Amazon doesn’t have a “silver bullet” to curtail the repetitive stress, strains and other injuries that plague its frontline workers, but the company is striving to improve safety, CEO Andy Jassy said on Thursday. Jassy’s pledge came in his first letter to shareholders since succeeding Amazon founder Jeff Bezos as …
Read More »Bird flu’s grisly question: How to kill millions of poultry
The spread of a bird flu in the U.S. that is deadly to poultry raises the grisly question of how farms manage to quickly kill and dispose of millions of chickens and turkeys. It’s a chore that farms across the country are increasingly facing as the number of poultry killed …
Read More »Mortgage rates are rising faster than they have in more than a decade
The average interest rate for a 30-year mortgage in the U.S. has risen to 4.67%, up sharply from 4.42% a week ago, Freddie Mac said Thursday. The cost of home loans has surged over the last year, especially after the Federal Reserve announced earlier month that it was raising its short-term …
Read More »Biden to propose minimum tax on households worth over $100 million
Washington — President Biden intends to propose a minimum tax of 20% on households worth more than $100 million and cut projected budget deficits by more than $1 trillion over the next decade, according to a fact sheets released Saturday by the White House budget office. The introduction of the …
Read More »Wall Street bonuses soared to record high $257,500 last year
New York — Soaring profits on Wall Street helped drive up the average bonus paid to employees in New York City’s securities industry to a record $257,500 for last year, the state comptroller reported Wednesday. The average securities industry bonus was 20% higher than 2020 and came out of a bonus …
Read More »Lauren Pazienza, woman charged in death of 87
A 26-year-old woman charged in the death of an 87-year-old Broadway singing coach hurled an epithet at her before shoving her to the ground and walking away while the older woman lay bleeding on the sidewalk, prosecutors said at an arraignment Tuesday. Lauren Pazienza, of Port Jefferson, Long Island, turned …
Read More »Could permanent daylight saving time help “jump
Lawmakers on both sides of the aisle are getting behind a bill that would impact every resident in the U.S.: A permanent switch to daylight saving time beginning in November 2023. Aside from avoiding the nuisance — and sleep deprivation — of changing clocks twice a year, the effort could …
Read More »Hailey Bieber reveals she had a blood clot to her brain: “One of the scariest moments I’ve ever been through”
Hailey Bieber revealed Saturday that she was hospitalized this week for a blood clot to her brain. The model said she has since “recovered completely” and is at home. On Thursday morning, Bieber said she was having breakfast with husband Justin Bieber when she began experiencing “stroke like symptoms.” She …
Read More »Gabby Petito’s family sues Brian Laundrie’s parents, alleging they knew Petito was dead while search was ongoing
The parents of Gabby Petito claim in a new Florida lawsuit that Brian Laundrie told his parents he had killed her before he returned home alone from their ill-fated western trip in a converted van. The lawsuit filed Thursday in Sarasota County Circuit Court contends that Laundrie told his parents …
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