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Janet Yellen is confirmed as the first female Treasury secretary in US history

Lawmakers confirmed Janet Yellen as Treasury secretary on Monday, making her the first woman in American history to hold the position. As head of the Treasury, she’ll be tasked with shepherding President Joe Biden’s $1.9 trillion American Rescue Plan through Congress and overseeing its execution. The plan includes $1,400 stimulus checks, expanded unemployment benefits, and

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China’s President Xi Jinping pushes global cooperation, saying ‘arrogant isolation will always fail’

Chinese President Xi Jinping has called for a return to multilateralism, with leaders working together to put the global economy back on track, in his first speech since his US counterpart, Joe Biden, took office. Speaking at the Davos Agenda event hosted by the World Economic Forum (WEF) on Monday, Xi urged increased global cooperation

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Apple issues new warning: Keep your iPhone six inches away from your pacemaker

An important heads-up for iPhone owners: Apple is warning customers that its smartphones could interfere with medical devices, including pacemakers. In a notice published on Apple’s support page Saturday, the company expanded upon previously issued safety information, warning users that iPhones contain magnets and radios that emit electromagnetic fields, both of which “may interfere” with

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Volatility hits Wall Street

It’s a volatile day on Wall Street, where stocks suddenly tumbled mid-morning before bouncing back. Investors have a lot on their minds: President Joe Biden’s stimulus plan is facing criticism from lawmakers concerned about the deficit, a deluge of corporate earnings is on tap and drug maker Merck pulled its Covid-19 vaccine plans. Meanwhile, various

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Black Americans helped make barbecue a cultural phenomenon. Charcoal company Kingsford is helping to preserve that legacy

Charcoal company Kingsford has created a new fellowship program to honor the contributions Black Americans have made to the legacy of American barbecue and ensure African Americans have a stake in the cuisine’s future. The Clorox-owned charcoal brand calls its new initiative “Preserve the Pit.” The program, which launched Monday, is giving aspiring Black barbeque

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Coke with Coffee is (finally) here

Coke with Coffee is finally launching Monday in the United States after being available for years internationally. The product is made with Brazilian coffee and comes in dark blend, vanilla and caramel flavors. There’s also a calorie-free zero sugar version. Each 12-ounce can has 69 milligrams of caffeine. That’s about half as much as is

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Foreign companies are giving up on the United States and betting big on China, report says

Foreign companies are turning their backs on the United States, taking advantage of China’s booming economy and superior management of the Covid-19 pandemic. Direct investment in the US by foreign companies plummeted 49% to $134 billion last year, according to a report released Sunday by the United Nations Conference on Trade and Development. By contrast,

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