MoneyWatch

Employers added 263,000 jobs last month, the Labor Department said on Friday. It was the slowest month of hiring in 18 months, showing the red-hot job market is cooling slightly as the Federal Reserve hits the brakes on the economy. The unemployment rate fell to a 50-year low of 3.5% in September …

Frankie Cook remembers last year’s car crash only in flashes. She was driving a friend home from high school on a winding road outside Rome, Georgia. She saw standing water from a recent rain. She tried to slow down but lost control of her car on a big curve. “The …

Beyond Meat on Tuesday said it has suspended Chief Operating Officer Doug Ramsey three days after the executive allegedly bit another man’s nose outside a football game.  In a short statement, the El Segundo, California-based company said that Ramsey was “suspended effective immediately.” It added that operations will be overseen …

Columbia University, whose alumni include founding father Alexander Hamilton and former President Barack Obama, dropped to No. 18 in the U.S. News & World Report’s annual college rankings after admitting it had submitted inaccurate data in earlier years.  The Ivy League institution had ranked No. 2 in the annual list …

The era of Howard Schultz, Starbucks’ three-time CEO, is coming to an end — again. The world’s most popular maker of mochaccinos on Thursday named Indian-American Laxman Narasimhan as its incoming chief executive. Starbucks said Narasimhan is the right leader to take over the job because he brings three decades …

Startling new allegations from Twitter’s former head of security, Peiter Zatko, have raised serious questions about the security of the platform’s service, its ability to identify and remove fake accounts, and the truthfulness of its statements to users, shareholders and federal regulators. Zatko — better known by his hacker handle “Mudge” …

The U.S. Department of Education has forgiven $3.9 billion in debt owed by former students of ITT Technical Institute, saying they were defrauded by the now defunct for-profit college. As part of an ongoing crackdown on for-profit schools, the agency said on Tuesday that it has erased loans for 208,000 …

At its current pace, Medicare’s Hospital Insurance trust fund will run out of money in 2028, according to the June 2022 Medicare trustees report. That’s a two-year extension on the previous estimate, but experts say it’s still not good news, and the government needs to stop twiddling its thumbs. Here’s …

Some New Yorkers are resorting to theft as inflation lifts the cost of everyday goods, including food.  Drugstores in parts of New York City are on high alert amid a rise in shoplifting and are increasing security measures to stop theft. Cans of Spam, a cooked pork product that retails for …

Like most Americans shopping for cars these days, Bret Bonnet is fairly resigned to paying a stiff price. So he was thrilled when he came across a 2022 Ford Expedition with a MSRP of $70,000 advertised on Cars.com for just $63,000. Until, that is, Bonnet spoke with the dealership and …