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Money & Markets

More than 30M US drivers don’t know if they’re at risk from airbag blast

DETROIT — More than 33 million people in the United States are driving vehicles that contain a potentially deadly threat: Airbag inflators that in rare cases can explode in a collision and spew shrapnel. Few of them know it. And because of a dispute between federal safety regulators and ...

‘Taco Tuesday’ trademark tiff flares anew between fast food competitors

CHEYENNE, Wyo. — Declaring a mission to liberate “Taco Tuesday” for all, Taco Bell is asking U.S. regulators to force Wyoming-based Taco John’s to abandon its longstanding claim to the trademark. Too many businesses and others refer to “Taco Tuesday” for Taco John’s to be able ...

Sports betting industry predicts ‘microbets’ next big thing

SECAUCUS, N.J. — Imagine being able to make a bet with this level of specificity: the Yankees’ Aaron Judge will hit a home run on the fourth pitch he sees in a given at bat, which will be a curveball spinning at a certain speed. That $5 bet could win you $5,000. Of course, it’s ...

Hyundai and Kia thefts keep rising

Nearly three months ago, Hyundai and Kia unveiled software that was designed to thwart an epidemic of thefts of their vehicles, caused by a security flaw that was exposed on TikTok and other social media sites. So far, it hasn’t solved the problem. Across the country, thieves are still ...

Fed raises key rate but hints it may pause amid bank turmoil

WASHINGTON — The Federal Reserve reinforced its fight against high inflation Wednesday by raising its key interest rate by a quarter-point to the highest level in 16 years. But the Fed also signaled that it may now pause its streak of 10 rate hikes, which have made borrowing for consumers and ...