Category Archives: 24/7 Newsroom News

‘Busiest Thanksgiving Ever’: How the TSA Plans to Handle Record Air Travel

‘Busiest Thanksgiving Ever’: How the TSA Plans to Handle Record Air Travel

DALLAS (AP) — The Thanksgiving travel rush is expected to be bigger than ever this year. AAA predicts that nearly 80 million people in the U.S. will venture at least 50 miles from home between Tuesday and next Monday — most of them by car. Thanksgiving Day falling so late this year has altered traditional…MORE

Macy’s Says Employee Hid Up to $154 Million in Expenses, Delaying Q3 Earnings

Macy’s Says Employee Hid Up to $154 Million in Expenses, Delaying Q3 Earnings

Macy’s says it’s delaying the release of its fiscal third-quarter earnings results after it discovered an up to $154 million accounting-related issue. The company did provide some preliminary results for its third quarter, including that net sales fell 2.4% to $4.74 billion. It anticipates reporting its full third-quarter financial results by Dec. 11. (Copyright 2024…MORE

Eggs Are Available — But Pricier — As the Holiday Baking Season Begins

Eggs Are Available — But Pricier — As the Holiday Baking Season Begins

Egg prices are on the rise again as a lingering outbreak of bird flu coincides with high demand during the holiday baking season. The average price for a dozen eggs in U.S. cities was $3.37 in October, according to the Bureau of Labor Statistics. That was up 63% from October 2023, when a dozen eggs…MORE

‘Buy Now, Pay Later’ is More Popular Than Ever. It Can Cost More Than You Think

‘Buy Now, Pay Later’ is More Popular Than Ever. It Can Cost More Than You Think

NEW YORK (AP) — More shoppers are using ‘buy now, pay later’ plans heading into Black Friday and the holiday season, as the ability to spread out payments looks attractive at a time when Americans still feel the lingering effect of inflation and already have record-high credit card debt. Experts say the short-term loans can…MORE

Commerce Department to Reduce Intel’s Funding on Semiconductors

Commerce Department to Reduce Intel’s Funding on Semiconductors

LOS ANGELES (AP) — The Biden administration plans on reducing part of Intel’s $8.5 billion in federal funding for computer chip plants around the country, according to three people familiar with the grant who spoke on the condition of anonymity to discuss private conversations. The reduction is largely a byproduct of the $3 billion that…MORE