MoneyWatch

A bipartisan group of lawmakers are asking the U.S. Department of Justice to investigate Amazon, accusing the ecommerce giant of deceiving lawmakers during a recent antitrust investigation. In a March 9 letter addressed to Attorney General Merrick Garland, leaders of the House Judiciary Committee claim that Amazon has refused to …

Fitbit is recalling about 1.7 million Ionic smartwatches sold globally because the fitness product’s lithium-ion battery can overheat, posing a burn hazard, the U.S. Consumer Product Safety Commission announced on Wednesday. About 1 million of the recalled smartwatches were sold in the U.S. at retailers including Best Buy, Kohl’s and …

It is perhaps no surprise that the fiercest inflation in decades is eroding many Americans’ confidence in the economy. More eye-opening is which group has the grimmest outlook: higher-income households. Consumer sentiment in February dipped to a decade-long low, and the decline was almost entirely focused among households earning at …

America, rejoice: Getting that morning jolt of caffeine and sugar can now be done in a single bite.  After more than 80 years in the donut business, Hostess Brands is rolling out caffeinated Hostess Boost Jumbo Donettes this month at stores nationwide, the Lenexa, Kansas company said in a news release.  …

Peloton is overhauling its leadership and slashing jobs amid reports that it is the focus of potential takeover bids.  The connected fitness company announced Tuesday that Peloton co-founder John Foley is stepping down as CEO and will be replaced at the helm by former Spotify executive Barry McCarthy. Foley will …

The thousands of people paid to plant corn, pick apples and milk cows in New York often work long days, six days a week — and earn overtime only after 60 hours of labor. The state is now looking at lowering that overtime threshold. New York could possibly join California …

AT&T and Verizon this week are expanding their 5G service across much of the U.S., bringing faster internet speeds and more capacity. And despite a public spat between the telecom companies and airlines that has disrupted flights and delayed the system’s deployment near some airports, the broader rollout is continuing …

A Richmond man has been refunded the $600 he was charged for an Uber ride where he became trapped with hundreds of others on an icy stretch of Interstate 95 in Virginia. Andrew Peters was returning from San Francisco and did not understand the severity of the situation when he …

Nearly a third of Americans — triple the share since March— say they’ve skipped medical care for a health problem in the previous three months due to concerns about the cost, according to a new study from Gallup and West Health.  High medical costs are even impacting higher-income Americans, with 1 …

 Fired CNN anchor Chris Cuomo said he’s dropping his SiriusXM radio show, a decision that followed a sexual harassment allegation. “While I have a thick skin, I also have a family, for whom the past week has been extraordinarily difficult,” Cuomo said in a Twitter post Monday. He said he’s …