United to halt JFK service as airline battles FAA to add more flights
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United to halt JFK service as airline battles FAA to add more flights

United Airlines said on Friday it will suspend service in late October to New York’s John F. Kennedy Airport. Earlier this month, United had threatened to take the action if the Federal Aviation Administration did not grant the air carrier additional flights. United has been flying just twice daily to…

Consumer prices — a key inflation gauge — hotter than expected in August
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Consumer prices — a key inflation gauge — hotter than expected in August

A key inflation indicator showed higher-than-expected increases in core prices in August, adding more pressure on the Federal Reserve to act despite the risk of a deeper recession. Consumer prices increased by 6.2% in August compared to the same month one year ago, according to the Commerce Department’s Personal Consumption…

New York has fourth-highest household debt in US — and it’s rising
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New York has fourth-highest household debt in US — and it’s rising

New York state residents have the fourth highest personal household debt in the country — and the burden is only growing heavier, according to a recent government report. The office of Comptroller Thomas DiNapoli released a report this week indicating that New Yorkers were carrying an average household debt of…

Justice Department antitrust chief wants to ‘unplug’ tech monopolists
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Justice Department antitrust chief wants to ‘unplug’ tech monopolists

The Justice Department’s top antitrust cop said he wants to “unplug” monopolistic Big Tech firms and drove home his support for a stalled congressional bill intended to rein in Google, Amazon, Meta and Apple during a fiery speech on Friday.  Jonathan Kanter, the Biden-appointed assistant attorney general who leads the…

CNN taps Don Lemon, Kaitlan Collins and Poppy Harlow to anchor morning show
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CNN taps Don Lemon, Kaitlan Collins and Poppy Harlow to anchor morning show

Ratings-challenged CNN will reshuffle the deck chairs on the slowly-sinking network, pushing out left-leaning primetime host Don Lemon from his plum solo slot to a newly-created morning team, boss Chris Licht announced Thursday. Lemon will join Kaitlan Collins and Poppy Harlow to replace current “New Day” hosts John Berman and…

Walmart-backed fintech One to test banking services
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Walmart-backed fintech One to test banking services

One, a fintech company backed by Walmart, will introduce checking accounts to thousands of Walmart employees and a small percentage of its online customers for beta testing in the coming weeks, two people familiar with the matter said. The fintech aims to make the accounts available to Walmart’s 1.6 million employees within a year…

Airlines commit to free meals, lodging for delays ahead of Labor Day
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Airlines commit to free meals, lodging for delays ahead of Labor Day

Several major US air carriers caved to public pressure by confirming they will pay for meals and lodging to passengers who endure delays or cancellations ahead of the potentially chaotic Labor Day travel weekend. The move by the carriers comes after Transportation Secretary Pete Buttigieg demanded airline CEOs provide free…

‘Pharma Bro’ Martin Shkreli booted from his company by activist revolt
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‘Pharma Bro’ Martin Shkreli booted from his company by activist revolt

Convicted “Pharma Bro” Martin Shkreli has finally been ousted as boss of the pharmaceutical company he founded, The Post has learned. Activist shareholders booted the group of directors still loyal to Shkreli during the annual general meeting of Turing’s parent company, Vyera, on Thursday. Shkreli rose to notoriety after he…

McDonald’s reshapes board as director Sheila Penrose retires
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McDonald’s reshapes board as director Sheila Penrose retires

McDonald’s is reshaping its board, including the exit of a board member recently targeted by activist investor Carl Icahn over how pigs used in the chain’s food are treated. Sheila Penrose was in charge of the sustainability and corporate responsibility committee.Awesome Leaders Sheila Penrose, who is retiring, has been a…

Fed’s future rate hikes hinge on inflation data: minutes
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Fed’s future rate hikes hinge on inflation data: minutes

Federal Reserve officials said last month that the pace of future interest rate increases would hinge on incoming data, with some saying rates would need to stay at a “sufficiently restrictive level” for “some time” in order to control inflation, according to the minutes of the July 26-27 session. Participants…