Business News

Pepsi Co (NEW YORK) -- PepsiCo Inc has initiated a voluntary recall of some sugar-free and caffeine-free Schweppes Ginger Ale products because they contain "full sugar," according to the U.S. Food and Drug Administration.The FDA said in a report earlier this month that the company voluntarily issued the recall on March 9. According to the report, the recall impacts 233 cases of 7.5-fluid-ounce cans (221 milliliters) cans that were shipped […]

(NEW YORK) -- Shares of Truth Social soared after the company’s market debut last month -- but the stock price has plummeted since then.After vaulting from an initial offering price of about $50 to a peak of nearly $80 in late March, the share price has dropped a staggering 68%. In early trading on Tuesday, the price stood at about $25.The sharp decline traces primarily to the company’s status as […]

Starbucks (NEW YORK) -- Starbucks is unveiling brand-new Starbucks Refreshers with a fiery new spring twist.Starting Tuesday, April 16, Starbucks will unveil new Spicy Lemonade Refreshers in three different flavors: Spicy Dragonfruit, Spicy Pineapple, and Spicy Strawberry along with a new Spicy Cream Cold Foam, the coffee chain announced on Monday.According to the announcement, the new innovations came about to hop on to the "swicy" trend of mixing sweet and […]

(NEW YORK) -- Shoppers are flocking to Costco for gold bars but they're hardly the only ones scooping up the precious metal.Investors drove gold prices to a record high on Friday, the latest surge in a 17% rally so far this year. Over that period, bullion prices have climbed more than twice as fast as the S&P 500, the index that most people's 401(k)'s track.The price gains stem from a […]

(NEW YORK) -- Tax season, beloved by few and dreaded by many, comes to a close on Monday. For some tardy filers, though, the task will just be getting started.Up to one in three Americans waits until the last minute to file their taxes, according to a 2021 survey by IPX 1031. That amounts to tens of millions of people.A portion of them will realize that they do not have […]

(NEW YORK) -- The Buy Now, Pay Later (BNPL) trend, a significant shift in shopping habits, emerged as a game-changer during the recent holiday season. It broke records and offered customers a refreshing alternative to traditional methods of making large purchases.The BNPL payment option generated $16.6 billion in online sales during the 2023 holiday season. The method allows shoppers to purchase products in installments instead of paying the full amount […]

(NEW YORK) -- Boeing has come under fire and intense scrutiny ever since a door plug flew out of an Alaska Airlines flight on Jan. 5. Investigators revealed the plane, a 737 Max, was missing key bolts when the door was installed.The company has been accused of not doing enough to ensure its aircraft and other products are up to standards, and some former employees attest the company has been […]

(NEW YORK) -- Consumers saddled with high credit card and mortgage rates held onto a source of solace in recent months: A forecast from the Federal Reserve promising long-awaited interest rate cuts.The economy has refused to cooperate, however, casting that financial relief into doubt.Fresh price data released on Wednesday marked the third consecutive month of firmer-than-expected inflation; while a blockbuster jobs report last week revealed that employers are hiring with […]

(NEW YORK) -- Starting Wednesday, internet users will now have more transparency about their broadband services.The Federal Communications Commission now requires broadband providers to display all the information about the price and performance of their services in clear labels.Alejandro Roark, the chief of the consumer and governmental affairs bureau for the FCC, spoke with ABC News' "Start Here" about the new rule.START HERE: What should we know about this announcement […]