The Consumer Product Safety Commission, which sparked a gas-stove outrage earlier, says it has no regulations or bans in the works. It does want more testing.
The Margin: Heinz is giving the ‘ketchup boat guy’ a new ship after he survived on the sauce for 24 days lost at sea
Elvis François says he ate a bottle of Heinz ketchup, garlic powder, Maggi soup cubes and rainwater while adrift for almost a month
Market Extra: Inflation data pushed the 10-year Treasury yield above 4%. How much higher can interest rates go?
Signs of continued U.S. labor market strength plus persistent inflation out of Europe were all it took this week for bond investors to push yields up toward new milestones as interest-rate expectations continued to be readjusted.
TaxWatch: ‘Only the wealthy get any kind of benefit from giving financially to nonprofits’: Bipartisan bill aims to help more Americans write off charitable donations
Many taxpayers were able to deduct charitable donations up to $300 during the 2020 and 2021 tax years, but that changed in 2022.
: ‘The incredible affordability challenges of the last year have hit minority home buyers’: Black American homeownership rates languish far below 50%
Homeownership rates have risen over the past decade, but Black households are still falling behind — and the problem may worsen with affordability challenges.
Commodities Corner: Fukushima’s disaster led to a “lost decade” for nuclear markets. Russia, low carbon goals help stage a comeback.
Japan’s Fukushima nuclear disaster 12 years ago led countries to question the safety of nuclear energy, but the power source is staging a comeback.
Economic Report: ‘Affordability is hindered’: Mortgage rates rise for fourth week in a row, briefly touching 7%
This week, the 30-year fixed mortgage rate hit 7.1%, according to the latest data from Mortgage News Daily.
The Margin: Hershey put a trans woman on a candy bar, and some customers are calling for a boycott
The social-media boycott comes as states like South Dakota and Utah have enacted bans on gender-affirming care for minors this year.
Crypto: Crypto exchanges not necessarily ‘qualified custodians’: SEC’s Gensler
A crypto exchange isn’t necessarily a “qualified custodian” just because it says it is, says Securities and Exchange Commission Chair Gary Gensler.
Living With Climate Change: Earth-warming carbon-dioxide emissions hit a record high in 2022 as air travel roared back to life
More travelers flew and more countries returned to coal last year, driving emissions to a record high, the International Energy Agency says.
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