NEW YORK (AP) — Shoppers increased their spending at a better-than-expected pace in August from July, helped by back-to-school shopping, even as President Donald Trump’s tariffs are starting to hurt the job market and lead to price increases. Retail sales rose 0.6% last month from July, when sales were up a revised 0.6%, according to…… MORE
WASHINGTON (AP) — The Trump administration has issued its first warnings to online services that offer unofficial versions of popular drugs like the blockbuster obesity treatment Wegovy. The Food and Drug Administration on Tuesday sent letters to Hims & Hers and dozens of other companies, ordering them to halt “false and misleading” statements about their…… MORE
Federal auto safety regulators opened an investigation Tuesday into a possible defect in Tesla door handles that have reportedly left parents unable to reach into back seats to get their children out of the cars. The National Highway Traffic Safety Administration said that its preliminary evaluation is for the 2021 Tesla Model Y. The agency…… MORE
Parents of teenagers who died by suicide after interacting with AI chatbots are testifying before Congress. The parents of 16-year-old Adam Raine of California and 14-year-old Sewell Setzer of Florida were speaking at a Senate hearing about the dangers of AI chatbots. Raine’s family sued OpenAI last month, claiming ChatGPT played a role in Adam’s…… MORE
WASHINGTON (AP) — The Federal Reserve is facing economic uncertainty and political pressure as it meets this week to decide whether to cut interest rates. Investors expect the Fed to reduce its benchmark interest rate by a quarter point, to about 4.1%. But it’s not even clear which Fed officials will be making the decision.…… MORE