Business category, Page 21

“Are you saving for retirement?” It’s a question that gets a range of answers, especially across age groups. Some think it’s too early to start; others believe it’s never too soon. Among millennials and Generation Z, one trend stands out: a significant gap in financial literacy. Many young Americans lack...

HARRISBURG — President Donald Trump will control the so-called “golden share” that’s part of the national security agreement under which he allowed Japan-based Nippon Steel to buy out iconic American steelmaker U.S. Steel, according to disclosures with the U.S. Securities and Exchange Commission. The provision gives the president the power...

WASHINGTON — Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s sweeping tariffs will likely push up inflation in the coming months, even as some Republican senators suggested the chair was biased against the duties. On the second day of his twice-yearly testimony before the House and Senate,...

Giant Eagle has purchased prescription files from another 15 Rite Aid stores as part of a fourth and final wave of transfers from the bankrupt pharmacy chain to the Cranberry-­based grocer. Altogether, Giant Eagle has bought files from 83 Rite Aid stores across Pennsylvania and Ohio since late May. The...

With extreme heat plaguing Western Pennsylvania, window air conditioners are working overtime across the region. But residents should double check their model. Midea recently recalled about 1.7 million U and U+ window air conditioners nationwide for risk of mold exposure, according to the U.S. Consumer Product Safety Commission. Included in...

With U.S. Steel’s $14.9 billion sale to Nippon Steel made official last week, environmental advocates say it’s time for corporate leadership to take make real strides toward limiting pollution. “U.S. Steel has gotten everything that it wished for in this deal with Nippon,” said Matt Mehalik, executive director of the...

There will soon be a doughnut-sized hole in McDonald’s U.S. menu. McDonald’s and Krispy Kreme said Tuesday that they’re ending their partnership on July 2, a little more than a year after it was announced. Krispy Kreme said demand for its doughnuts at McDonald’s wasn’t strong enough to recoup its...

One of the Pittsburgh region’s four At Home stores is set to close amid the company’s bankruptcy, according to court filings. The Pleasant Hills store on Clairton Boulevard is one of 26 stores initially closing, the company said. No one answered the phone Tuesday, and a message seeking comment went...

LINDEN, New Jersey — At a trucking school in New Jersey, students are maneuvering 18-wheelers around traffic cones. Other future drivers look under hoods to perform safety checks, narrating as they examine steering hoses for cracks and leaks. An instructor glides between speaking Spanish and English as he teaches Manuel...

NEW YORK — Oil prices are dropping further, and U.S. stocks are pulling closer to their all-time high Tuesday on hopes that Israel’s war with Iran will not damage the global flow of crude, even if a tentative truce seemed to fray under fire in the morning. The S&P 500...

TWINSBURG, Ohio — When Judy Sautner recently walked into Power Appliance, a store in a southeastern suburb of Cleveland, she had one goal in mind: replace her daughter’s broken dryer with something that worked and didn’t break the bank. “I wasn’t really worried about all the bells and whistles,” said...

More than 5,000 unionized Giant Eagle employees will see pay raises ranging from 3% to 5% each of the next four years under a new contract. The workers also will continue to have no-cost health benefits, a 401(k) and pension plans, depending on their role with the Cranberry-based company, according...

NEW YORK — Sales of previously occupied U.S. homes edged higher in May, as stubbornly high mortgage rates and rising prices made homebuying less affordable even as the inventory of properties on the market continued to increase. Existing home sales rose 0.8% last month from April to a seasonally adjusted...

Tracy Wiley is wild about real estate. She is the one-woman Realtor behind the brand “Real Estate Gone Wiley,” with social media accounts on Facebook and Instagram that feature Wiley and her advice and tips and tricks for navigating the real estate world in Pittsburgh — with an emphasis on...

NEW YORK — Elon Musk promised in 2019 that driverless Tesla “robotaxis” would be on the road “next year,” but it didn’t happen. A year later, he promised to deliver them the next year, but that didn’t happen either. Despite the empty pledges the promises kept coming. Last year in...

You might think UnitedHealth Group Inc. (UNH) would be on the ropes. One of its top executives was shot dead, its CEO resigned for personal reasons and the federal government is probing its billing practices. But executives at this health insurance and health services giant apparently don’t think doom is...

Michael Weleski has been working since he was 12. Now 21, he used the money he has earned to make a variety of investments for his future. “I don’t want to have to work a hard labor job until I’m 70,” Weleski said. The Penn State New Kensington student from...

Willow Restaurant was a dining staple for decades, but now, the spacious former restaurant property is on the market for $1.5 million. “This is a great location because it’s close to Interstate 279 and 79,” said Tim Fitzgerald of Keller Williams Commercial Real Estate. “And Sam’s Club and Target and...

Some segments of the U.S. restaurant industry don’t support President Donald Trump’s proposal to eliminate federal taxes on tips, saying it would help too few people and obscure bigger issues in the way tipped workers are paid. The Independent Restaurant Coalition, which represents nearly 100,000 restaurant and bars, has appealed...

DUBAI, United Arab Emirates — Hackers with possible links to Israel have drained more than $90 million from Nobitex, Iran’s largest cryptocurrency exchange, according to blockchain analytics firms. The group that claimed responsibility for the hack leaked on Thursday what it said was the company’s full source code. “ASSETS LEFT...

Three Mon Valley mayors remember it well: A series of mid-December meetings with union leaders and Nippon Steel executives as Japan’s largest steelmaker aggressively courted U.S. Steel, the storied American manufacturer. Relations between the United Steelworkers union and Nippon — never friendly, exactly — had deteriorated over the course of...

WASHINGTON — The go-broke dates for Medicare and Social Security ‘s trust funds have moved up as rising health care costs and new legislation affecting Social Security benefits have contributed to earlier projected depletion dates, according to an annual report released Wednesday. The go-broke date — or the date at...

NEW YORK — Millions of Americans are seeing their credit scores drop now that the U.S. government has resumed referring missed student loan payments for debt collection. But there are things you can do to help your score rebound. Courtney Alev, consumer advocate at Credit Karma, said it’s understandable that...

Every Thursday morning, members of BNI Village Connections gather at The Walter J. Brannon Community Activity Center in Sewickley to learn new things and connect with one another. “Networking is huge,” said Sewickley resident Chris Currier of CCM&A (Chris Currier Marketing and Advertising). “Especially for small businesses.” There are 12...

Japan’s Nippon Steel has finalized its $14.9 billion takeover of U.S. Steel, the companies announced Wednesday, as they unveiled details about the deal, which amounts to a tightly monitored merger. To win government approval, the companies also have entered a national security agreement meant to mitigate worries about Nippon having...