Business

News brief: Hurricane Ian is downgraded, Baltic pipeline leaks, U.K. economic turmoil

6:30am September 29, 2022

Ian roared ashore in Florida as a Category 4 hurricane. EU officials are concerned about explosions at Nord Stream pipelines. Britain's pound weakens to a record low against the U.S. dollar.

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For a limited time, McDonald's will give adults a chance to relive a part of their childhood by purchasing a Happy Meal for grown ups.

National

McDonald's will have adult Happy Meals this October

5:00am September 29, 2022

by Dustin Jones

Each Cactus Plant Flea Market Box will come with a meal and a classic McDonald's character toy, with a twist.

President Jimmy Carter signs an emergency natural gas legislation in the Oval Office of the White House in Washington, D.C., in 1977.

Memories of the 1970s haunt the Fed, pushing its aggressive rate moves

5:00am September 29, 2022

by Scott Horsley

The Federal Reserve is cracking down hard on inflation, in hopes of avoiding a repeat of the 1970s, when price hikes were so sustained, they got baked in to people's thinking.

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Eastbound traffic crowds Interstate 275 as people evacuate before the arrival of Hurricane Ian in Tampa, Fla., on Tuesday.

National

Florida's population has skyrocketed. That could make Hurricane Ian more destructive

4:33pm September 28, 2022

by Becky Sullivan

More people — and more buildings to house them, often in coastal areas — mean that a major hurricane could become more costly and destructive. That's raising concerns as Hurricane Ian approaches.

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Bed Bath & Beyond is working on yet another turnaround after a series of crises and missteps.

National

Will Bed Bath & Beyond sink like Sears or rise like Best Buy?

3:24pm September 28, 2022

by Alina Selyukh

The company has been on a rollercoaster of crises, including a meme-stock rise and crash. Its latest financial report comes Thursday.

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Instead of going back to a corporate job, Farida Mercedes started her own business. It pays less, but she has more flexibility to spend time with her sons Sebastian (left) and Lucas, ages 7 and 9.

Economy

Women are returning to (paid) work after the pandemic forced many to leave their jobs

10:12am September 28, 2022

by Scott Horsley

The number of women in the workforce has finally returned to pre-pandemic levels, which is good for the economy. But after time away from the job market some women are reassessing their priorities.

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National

Flight attendants picket airports — demanding that airlines fix chronic delays

7:28am September 28, 2022

by David Schaper

Thousands of Southwest Airlines and United Airlines flight attendants picketed outside airport terminals Tuesday — calling for smoother operations, better pay and safety on the job.

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Economy

Steep sell-offs in U.S. stocks have started to spread worldwide

7:22am September 28, 2022

The volatility in U.S. markets is rocking stock, bond and currency trading in other countries. Many blame the Federal Reserve for the wild swings.

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Aerial view of downtown Fort Worth, Texas. Some hospitals in Texas and around the U.S. are seeing high profits, even as their bills force patients into debt. Of the nation's 20 most populous counties, none has a higher concentration of medical debt than Tarrant County, home to Fort Worth.

Health & Safety

Some hospitals rake in high profits while their patients are loaded with medical debt

5:01am September 28, 2022

by Noam Levey

Across the U.S., many hospitals have become wealthy, even as their bills force patients to make gut-wrenching sacrifices. This pattern is especially stark for health care systems in Dallas-Fort Worth.

U.S. officials have announced fraud charges against three men who, they allege, orchestrated a scheme to inflate the market value of the company that owned Hometown Deli, a small delicatessen in New Jersey. In this photo illustration, a person views online information for the now-shuttered deli.

National

Owners of a small deli are charged with fraud for valuing business at $100 million

5:00am September 28, 2022

by Matt Adams

In an alleged scheme that temporarily inflated the market value of a tiny New Jersey deli to more than $100 million, three men have been charged with securities fraud and market manipulation.