MoneyWatch

Susan Wojcicki is stepping down as CEO of YouTube after spending nine years as the head of the social media platform. In a blog post Thursday, Wojcicki said that she would “start a new chapter focused on my family, health, and personal projects.” Neal Mohan, YouTube’s chief product officer, will …

The Lego Group announced Tuesday that it will move its North American headquarters from Enfield, Connecticut, to Boston, Massachusetts, by the end of 2026. Skip Kodak, president of the Lego Group in the Americas, said in a release that the move supports the Denmark-based global toymaker’s growth ambitions. “Boston is …

When inflation rises, child care expenses do, too. If you’re a parent, you may be hoping to get a little financial relief during the upcoming tax season through deductions or credits. But since there have been recent reductions to both of the child tax credits, you may not get as …

A Princeton University student has built an app that helps detect whether a text was written by a human being or using artificial intelligence tool ChatGPT. Senior and computer science major Edward Tian, said in a recent tweet that the algorithm behind his app, called GPTZero, can “quickly and efficiently …

3M will phase out the manufacturing of so-called “forever chemicals” and try to get them out of all its products within two years, the chemical and consumer products maker said Tuesday. The decision arrives after U.S. environmental regulators designated the chemicals — used in nonstick frying pans, water-repellent sports gear, …

Elon Musk’s Twitter has dissolved its Trust and Safety Council, the advisory group of around 100 independent civil, human rights and other organizations that the company formed in 2016 to address hate speech, child exploitation, suicide, self-harm and other problems on the platform. The council had been scheduled to meet …

A federal investigation found child labor violations involving scores of teenagers at more than a dozen McDonald’s locations in and around Pittsburgh.  McDonald’s franchisee Santonastasso Enterprises broke U.S. labor laws in allowing 14- and 15-year-olds to work outside of legal hours at 13 restaurants, the U.S. Department of Labor said …

For the first time, the federal government will back mortgages of more than $1 million, a move that reflects the run-up in home prices across much of the nation.  The Federal Housing Finance Agency (FHFA) on Tuesday said the maximum size of home-mortgage loans eligible for backing by Fannie Mae and …

Nearly 48,000 unionized academic workers at all 10 University of California campuses walked off the job Monday, calling for better pay and benefits. The strike by researchers, postdoctoral scholars, tutors, teaching assistants and graders threatens to disrupt classroom and laboratory instruction across the statewide university system just weeks ahead of …

Coming up with the down payment for a home can be a challenge for first-time homebuyers, but it’s considerably easier for people who live in cities in the South or Midwest, according to a recent LendingTree study. The average down payment in the nation’s 50 largest metropolitan areas grew to $62,611 …