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GM issues recall for nearly 1M vehicles because of airbag inflators that may explode

General Motors has issued a recall for nearly 1 million of its sports utility vehicles in the United States because of defective airbag inflators that may explode during a crash.

Natalee Holloway case: Aruban guide hired by Beth Holloway says island took economic hit after

close video EXCLUSIVE: The Aruban guide that Beth Holloway and friends hired in the wake of her daughter, Natalee Holloway, going missing in 2005, says the island has taken an

United Airlines pilots picket demanding wage increases as airlines threaten strike

United Airlines pilots are picketing at major airports across the nation Friday, demanding higher pay and a better work-life balance in negotiations with management over a new contract. The pilots

April inflation breakdown: Where are prices rising the fastest?

Inflation remained uncomfortably high in April as the price of gasoline and rent spiked, continuing to squeeze Americans’ pocketbooks. The Labor Department said Wednesday that the consumer price index, a

Debt ceiling showdown risks triggering ‘self-inflicted’ recession

The U.S. government is on a collision course for a potentially catastrophic default on its financial obligation if Congress fails to raise the debt ceiling within a matter of weeks. 

NYC migrant housing crisis threatens return to work push

New York City is mulling a response to the migrant crisis overwhelming the city government’s services that could imperil the push to bring more workers back to offices. Although it’s

Wholesale inflation eases to 2.3% in April, lowest level in two years

Inflation at the wholesale level rose less than expected in April, the latest sign that painfully high consumer prices are beginning to loosen their stranglehold on the U.S. economy one

Jobless claims rise sharply to highest level since 2021

The number of Americans filing for unemployment benefits last week jumped to the highest level since 2021, the latest sign the historically tight labor market is cooling off in the

What is the debt ceiling, and what does it mean for you?

The U.S. government could default on its debt within a matter of weeks, jeopardizing payments to millions of Americans and businesses.  Treasury Secretary Janet Yellen warned last week that the

Jamie Dimon warns US debt default is ‘potentially catastrophic,’ says JPMorgan has a ‘war room’

JPMorgan Chase CEO Jamie Dimon warned on Thursday of disastrous implications for the economy if Congress fails to raise the debt ceiling and the U.S. defaults on its financial obligations.