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Business & Tech

Fed’s favored inflation gauge accelerates slightly in August

WASHINGTON (AP) — The Federal Reserve’s favored inflation gauge accelerated slightly in August from a year earlier. The Commerce Department reported Friday that its personal consumption expenditures (PCE) price index was up 2.7% in August from a year earlier, a tick higher from a 2.6% ...

Wall Street coasts to the finish of its latest record-setting week

NEW YORK (AP) — Wall Street tacked on some more gains Friday as it glided to the finish of its latest record-setting week. The S&P 500 rose 0.5% to close out its sixth winning week in the last seven. The Dow Jones Industrial Average added 172 points, or 0.4%, and the Nasdaq composite ...

Starbucks workers sue over company’s new dress code

Starbucks workers in three states took legal action against the coffee giant Wednesday, saying it violated the law when it changed its dress code but refused to reimburse employees who had to buy new clothes. The employees, who are backed by the union organizing Starbucks' workers, filed ...