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Money & Business - Page 7

FAO SCHWARZ
FILE - In this Nov. 10, 2003 file photo, the FAO Schwarz on Fifth Avenue in New York. (AP Photo/Rich Kareckas, File)
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Farewell FAO Schwarz – Last day of business at NYC toy store

The FAO Schwarz toy store on New York City's Fifth Avenue is taking a final bow.

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Federal Reserve Chair Janet Yellen sits under a current US national debt chart as she testifies on Capitol Hill in Washington
Federal Reserve Chair Janet Yellen sits under a current US national debt chart as she testifies on Capitol Hill in Washington (AP Photo/Manuel Balce Ceneta)
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Yellen says first Fed rate hike likely later this year

 

WASHINGTON (AP) -- Federal Reserve Chair Janet Yellen sees a number of encouraging signs that the economy is reviving after a brutal winter and says if the improvements stay on track, the Fed will likely start raising interest rates later this year.

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President Barack Obama
President Barack Obama (Chip Somodevilla/Getty Images)
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Obama orders emergency board for NJ Transit labor talks

WASHINGTON (AP) — President Barack Obama has signed an executive order to create an emergency board to investigate the dispute between New Jersey Transit and its labor unions.

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NJ Transit bus, train
Composite picture of a NJ Transit bus and train. (Bus: YouTube. Train: Dan Alexander, Townsquare Media NJ)
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What the NJ Transit fare hike means to you

New Jersey Transit's board of directors has given final approval to an average 9 percent fare increase for bus and train riders that will take effect in October.

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Amazon's website celebrates Prime Day
Amazon's website celebrates Prime Day (Dan Alexander, Townsquare Media NJ)
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Amazon celebrates 20th anniversary with Prime Day

Amazon promises "more deals than Black Friday" for today's Prime Day to celebrate the company's 20th anniversary and started rolling out deals at 3 a.m. for those who are members of Amazon's Prime service.

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iPod Touch
This composite product image provided by Apple shows varieties of the new iPod Touch, available for sale on Wednesday, July 15, 2015.
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Apple’s iPod Touch update brings faster chip, better cameras

Apple is updating its iPod Touch music player for the first time in nearly three years, as the company seeks to make music a central part of its devices once again.

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a dealer counting chips during a game of roulette at the Tropicana Casino and Resort in Atlantic City
a dealer counting chips during a game of roulette at the Tropicana Casino and Resort in Atlantic City (AP Photo/Wayne Parry)
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Moody’s sees slight improvement in US casino finances

U.S. casino finances are improving, but just slightly, Moody's Investors Service said Tuesday as it raised the industry's rating to stable from negative.

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Honda Recalls Over 300,000 Vehicles Over Air Bag Issue
Justin Sullivan, Getty Images
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Honda settles discrimination claims with Justice Department

Honda reached a settlement Tuesday to resolve allegations that the company discriminated against minority car buyers by marking up interest rates on loans, a practice industry experts describe as common because of the discretion given to individual dealerships.

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Borgata
This June 26, 2013 photos shows the exterior of the Borgata casino in Atlantic City, N.J.
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Half of Atlantic City’s surviving casinos show gains in June

The Atlantic City casinos that survived a major shakeout last year are collectively continuing to see an increase in their gambling revenue.

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Walmart
Daniel Aguilar, Getty Images
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Wal-Mart accused of same-sex bias in class-action lawsuit

A Massachusetts woman filed a class-action lawsuit Tuesday accusing Wal-Mart of wrongly denying employee benefits for same-sex spouses.

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