Category: Business & Markets

Ford Recalls Some Vehicles for Air Bag Inflator Installation

Ford Motor Co. is recalling certain 2004 to 2006 Ranger vehicles because replacement front passenger airbag inflators may have been installed incorrectly. The National Highway Traffic Safety Administration (NHTSA) said in a letter that the recall includes 231,942 vehicles. The vehicles had received replacement front passenger airbag inflators under a previous recall. The NHTSA said…


Berkshire Hathaway Annual Meeting: Buffett Bullish on America Despite Political Divisions

Billionaire Warren Buffett said during Berkshire Hathaway’s annual meeting in Omaha that he’s bullish on America’s economic prospects despite the bitter political divisions of today, although value investors like himself should get used to “making less” in part because so many are following similar strategies. In the annual event that Buffett calls the “Woodstock for…


Popular Women’s Brand Selling Clothes Using Dressed-Up Male Model

Women’s clothing brand Anthropologie is facing harsh criticism from customers following the company’s advertisement featuring a male model dressed up in female clothes. On Thursday, Anthropologie uploaded a video on Instagram featuring the male model. The ad featured model Harper Watters, with the post saying, “Never anthro-pologize for being fabulous! Loving these #UnexpectedAndUnforgettable looks.” The…


Woke Ad Alert: Popular Women’s Brand Selling Clothes Using Dressed-Up Male Model

Women’s clothing brand Anthropologie is facing harsh criticism from customers following the company’s advertisement featuring a male model dressed up in female clothes. On Thursday, Anthropologie uploaded a video on Instagram featuring the male model. The ad featured model Harper Watters, with the post saying, “Never anthro-pologize for being fabulous! Loving these #UnexpectedAndUnforgettable looks.” The…


Fox’s Gutfeld Goes Viral for Defending Tucker Carlson’s Backstage Comments

For a second time this week, Fox News host Greg Gutfeld has come to the defense of his former colleague Tucker Carlson after a series of videos featuring Carlson’s backstage comments were leaked this week. “Imagine having to tell your parents that your job is narcing on the casual comments of other people while they,…


Closing Prices for Crude Oil, Gold and Other Commodities (May 5)

Benchmark U.S. crude oil for June delivery rose $2.78 to $71.34 a barrel Friday. Brent crude for July delivery rose $2.80 to $75.30 a barrel. Wholesale gasoline for June delivery rose 5 cents $2.38 a gallon. June heating oil rose 7 cents $2.31 a gallon. June natural gas rose 4 cents to $2.14 per 1,000…


‘One of the Greatest Decisions in My Life’: Short Seller Closed Fund Before Fed’s Monetary ‘Bazooka’

After a decade in the securities business, Bill Fleckenstein began to see the writing on the wall at 2051 Constitution Avenue in the mid-1990s. Around that time, the Marriner S. Eccles Federal Reserve Board Building—at the time occupied by chairman Alan Greenspan—had a stark shift in philosophy and governance style. Once a student of the…


China Ties Weigh on US Brands

Commentary The pressure is on for the biggest U.S. brands, including Apple, Nike, Adidas, and Disney. On May 2, two leading congressmen demanded that the fashion brands confirm that their supply chains are untainted by slave labor in China. Sourcing from forced labor in the country’s Xinjiang region, where a genocide is underway, is now…


TurboTax to Pay $141 Million Settlement for Deceiving Taxpayers

New York attorney general Letitia James announced that low-income consumers who had been “tricked” by the financial software firm Intuit into paying for free tax services will be receiving millions in dollars as a settlement. The case revolves around Intuit’s TurboTax tax-preparation software. The $141 million multistate settlement with Intuit was announced last year. The…


Google Is Rolling Out Password-Killing Technology to All Its Accounts

Google this week said it is rolling out an update for its users that it describes as “the beginning of the end of the password.” Known as “passkeys,” the tech giant wrote that “passkeys for Google Accounts are available” starting this week. Google also suggested that passwords may eventually be phased out for its products,…