There’s no use crying over spilled milk — but sauce down your back is another thing. TikTok user Kristen Lang caused a simmer on social media when she revealed that a restaurant mishap had resulted in her boyfriend wearing a meal — and the messy eatery only offered them a 70% discount on drinks for … Read more
The Federal Reserve approved another steep hike in its benchmark interest rate on Wednesday, pushing forward with a plan to tackle decades-high inflation despite fears the moves could trigger a recession. The rate-making Federal Open Market Committee announced the hike of 0.75%, or 75 basis points, after a two-day meeting. Fed Chair Jerome Powell acknowledged … Read more
Spirit Airlines and Frontier Airlines agreed Wednesday to abandon their merger proposal, opening the way for JetBlue Airways to acquire Spirit. Spirit, the largest budget carrier in the United States, said it was still in discussions with JetBlue “and expects to provide a further update in the near future.” Despite the support of Spirit’s board, … Read more
Meta Platforms on Wednesday forecast current quarter revenue below estimates after the Facebook parent recorded its first quarterly drop in revenue amid a general weakness in the digital ad market. Shares of the Menlo Park, Calif.-based company were down about 5% in extended trading. The company said it expects third-quarter revenue of between $26 billion and $28.5 billion. Analysts were … Read more
Certain laxatives have been recalled from major retailers for microbial contamination after reports of “serious adverse reactions” to the products. Smyrna, Tenn.-based Vi-Jon LLC expanded its voluntary recall to all flavors of Magnesium Citrate Saline Laxative Oral Solution, saying that immunocompromised patients who consume the product may be at risk for “invasive infections caused by Gluconacetobacter liquefaciens that could lead … Read more
Markets that enjoyed huge run-ups in prices during the pandemic-era housing boom are now among those most at risk for a major correction if the US economy enters a recession, according to an analysis by real estate firm Redfin. Redfin noted that the US housing market has “slowed considerably” this spring due to soaring interest … Read more
As a Capitol Hill vote looms this week on a controversial, $52 billion subsidy to chipmakers, House Speaker Nancy Pelosi’s husband quietly offloaded a chunk of shares in semiconductor giant Nvidia, according to public filings. Paul Pelosi sold the $5 million trove of shares Tuesday at a loss of more than $300,000. It’s unclear whether … Read more
Chris Cuomo is poised to take a massive pay cut as he joins NewsNation, a fledgling cable TV channel with a tiny audience, The Post has learned. Cuomo, who was reportedly banking $6 million a year for his “Cuomo Prime Time” show on CNN before he was fired last year, will likely earn just a … Read more
Working in hospitality is no picnic, but one Starbucks worker has called out fellow baristas for some of their complaints, telling them “it’s literally your job.” Although secret recipes on TikTok alerting customers of new — and sometimes shocking — ways to customize drinks may delight those consuming them, the baristas making them aren’t always … Read more
Contracts to buy previously owned homes fell more than expected in June as rising mortgage rates and higher house prices continued to reduce affordability for entry-level and first-time buyers. The National Association of Realtors said on Wednesday its Pending Home Sales Index, based on signed contracts, tumbled 8.6% to 91.0 last month. Contracts declined in all four regions. Economists polled … Read more