MoneyWatch

Tapping the Strategic Petroleum Reserve won’t do much to curb gas prices, analysts say

President Joe Biden’s announcement that the U.S. and five other countries are tapping their emergency oil supplies is aimed at reassuring consumers that the White House is taking action to curb surging gasoline costs. But energy analysts say the gambit — an unusual use of the country’s Strategic Petroleum Reserve …

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Southwest Airlines investigating pilot’s use of anti

Southwest Airlines said Sunday it’s conducting an internal investigation after one of its pilots used a phrase that’s become a stand-in for insulting President Joe Biden during the pilot’s greeting to passengers over the plane’s public address system last week. The airline announced its investigation after The Associated Press reported …

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Brian Goldner, CEO who transformed Hasbro toy company, dies at 58

Brian Goldner, who as CEO and chairman spearheaded Hasbro’s transformation from a toy company to an entertainment force, has died. He was 58. The announcement Tuesday came two days after the Pawtucket, Rhode Island, company said Goldner was taking a medical leave of absence. Hasbro did not give a cause …

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America’s price tag for two decades of war: $5.8 trillion

As America ends two decades of conflict in Afghanistan, the full financial tab is coming into view. Since the September 11 attacks nearly 20 years ago, the U.S. will have spent $5.8 trillion waging war in Afghanistan, Iraq, Pakistan and Syria by the end of 2022, including interest on debt …

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Will there be another PlayStation 5 and Xbox restock at retailers this year?

Two of the holiday season’s most coveted gifts went on sale in November, with Microsoft rolling out its Xbox Series X|S video game consoles and Sony debuting the rival PlayStation 5. The only problem: actually finding one of the $499 devices in stock.  Black Friday and Cyber Monday came and …

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NCAA sets rules for student

The NCAA is moving forward with a plan to allow college athletes to earn money for endorsements and other activities involving personal appearances and social media. The NCAA Board of Governors announced Wednesday that it supports giving athletes the ability to cash in on their names, images and likenesses as …

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Axe throwing, hard seltzer and leopard prints among 2020’s hottest spending trends

Get ready to go axe throwing while wearing leopard print clothes and drinking spiked seltzer come January 1.   These are among the fastest-growing spending trends in entertainment, fashion and food and drink that are expected to continue to grow in popularity in 2020, according to data from mobile payment …

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Vegan Disney: New plant

Disneyland is known as the “happiest place on Earth” — and it’s about to make vegans even happier. Disney announced its two U.S. theme parks will start serving plant-based options at all of the major restaurants within the parks. Hundreds of new plant-based options will be added to menus at …

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