U.S. motorists are spending less to fill up than last week and the week before, with gas prices poised for a third consecutive weekly slide as crude costs drop. The national average on Thursday stood at $4.86 for a gallon of regular, down more than 8 cents from a week …
Read More »RV owners undaunted by soaring gas prices
The Great American Road Trip is still on this summer, but higher gas prices have those motoring in recreational vehicles planning ventures closer to home. “People do continue to go RV-ing, they just adjust their behaviors some,” a spokesperson for the RV Industry Association told CBS MoneyWatch. Already popular, traveling …
Read More »Feds probe multi
Federal health officials are probing several multi-state outbreaks of salmonella infections linked to backyard poultry, saying more than 200 Americans have been stricken so far this year, with one death reported. Already in vogue in parts of the U.S., the earthy hobby of raising backyard flocks grew even more popular …
Read More »New York man charged in first insider trading case involving NFTs
A former employee at the world’s leading online marketplace for non-fungible tokens has been arrested and charged in what federal authorities say is the first insider trading case involving NFTs. Prosecutors allege that Nathaniel Chastain, 31, capitalized on his role as a product manager at OpenSea to buy NFTs before …
Read More »Southern U.S. states are best for renters, study finds
Small and midsize cities in Texas and the Carolinas offer apartment renters the biggest bang for their buck, according to a new study. Round Rock, Texas, and Raleigh, North Carolina, topped the list of best cities for renters, said apartment website RentCafe. Along with Round Rock and Raleigh, the other cities …
Read More »Elon Musk angling for cut
Elon Musk’s $44 billion buyout of Twitter appeared to be spiraling into oblivion this week, with the Tesla CEO and world’s richest person raising questions about the number of bogus accounts on the social media platform. On Friday, Musk tweeted that he needed more information on how many bots are …
Read More »Dow tumbles nearly 1,000 points as Federal Reserve signals sharper interest rate hike
Stocks fell sharply on Friday as the Federal Reserve signals it is ready to jack up interest rates to fight inflation. As the sell-off accelerated in the afternoon, the S&P 500 fell 122 points, or 2.8%, to close at 4,272. The Dow Jones Industrial Average tumbled 981 points, or 2.8%, …
Read More »Layoffs hit lowest level since 1968, with 166,000 people filing for jobless aid last week
Fewer Americans applied for unemployment benefits last week as layoffs remain at historically low levels. Jobless claims fell by 5,000 to 166,000 for the week ending April 2, the Labor Department reported Thursday — the lowest weekly figure since 1968. The previous week’s number was revised down by a whopping …
Read More »Okta says screenshots from January hack could impact 366 customers
Okta, an online identity authentication service used by thousands of U.S. companies to protect their computer networks, said a purported breach of its systems is related to an earlier incident this year. There are no signs of a current threat to Okta as a result of that event, the company …
Read More »MLB cancels Opening Day games as contract negotiations stall
Opening Day is ruined, as Major League Baseball has canceled more games in the 2022 season due to ongoing contract disputes between team owners and the players’ union. The 15 games slated for what was intended to be Opening Day, on March 31, have been axed. The new Opening Day …
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