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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.  …