A sign warns of extreme heat in Death Valley, California, U.S., July 11, 2021. Bridget Bennett | Reuters Speaking during a heat wave that brought California temperatures into the triple digits in much of the state, Democratic Gov. Gavin Newsom said on Wednesday that “all of our models have been …

As prices rises, Americans are increasingly finding new ways to make ends meet. But with some necessary purchases, such as groceries, there are fewer options that don’t involve taking on debt. That makes the option to pay later — through companies such as Klarna, Zip, Zilch, Affirm and Afterpay — …

Arizona Attorney General Mark Brnovich suggested student loan borrowers shouldn’t bank on forgiveness yet, despite President Joe Biden’s announcement last month that he’d cancel up to $20,000 for many. “I think there’s a lot of people celebrating prematurely,” Brnovich said. “A lot of other people are very upset about this, …

Federal Reserve Vice Chair Lael Brainard vowed Wednesday to press the fight against inflation that she said is hurting lower-income Americans the most. That will mean more interest rate increases and keeping rates higher for longer, she said in remarks prepared for a speech in New York. “We are in …

Tencent has increased its stake in French games maker Ubisoft, the company behind popular franchises like Assassin’s Creed. But analysts said this has effectively closed the door on a full takeover of the company. Rafael Henrique | Sopa Images | Lightrocket | Getty Images Shares of games developer Ubisoft plunged …

Apple’s September event invite. Apple Apple is set to unveil its new iPhone 14 at a press event Wednesday in Cupertino, California, that starts at 1 p.m. ET. It’s Apple’s biggest event of the year. The products it launches will spur sales for its most important quarter of the year, …

MoviePass has officially launched the beta version of its new service, but most Americans won’t be able to use it. After more than 750,000 people joined its limited waitlist last week, the moviegoing subscription service announced that its first test markets will be Chicago, Dallas and Kansas City. Beta users …

The wonky economy is leading to contradictions in the workplace and how corporate bosses shape another round of RTO messaging. Some bosses, warning of tightened budgets and a future recession, are leading a post-Labor Day mass return to the office (for real this time). But workers, enjoying one of the …

A temperature sign at an El Dorado Savings Bank during a heatwave in Sacramento, California, on Tuesday, Sept. 6, 2022. David Paul Morris | Bloomberg | Getty Images California has avoided ordering rolling blackouts after electricity demand reached a record-high Tuesday night from excessive heat across the state.  The California …

Ongoing rail congestion at West Coast ports has created an opportunity for East Coast ports, container shipping companies and rail operators to enter into new trade relationships. In January, ocean carrier Hapag Lloyd, Norfolk Southern, the Port of Virginia, and Union Pacific, collaborated in creating a triangle of trade where …