MoneyWatch

Chipotle is introducing its first new dip in five years, the Mexican fast food chain announced Monday. Called Adobe Ranch, the new dipping sauce flavor will be available at Chipotle restaurants beginning on June 17. Adobe Ranch is the restaurant’s first new sauce flavor since Chipotle introduced its Queso Blanco …

Employers across the U.S. added 139,000 jobs in May, new federal data shows, a sign the labor market remains steady despite economic headwinds from tariffs. The numbers Payroll gains in May exceeded economists’ consensus forecast of 130,000. Job growth over the last 12 months has averaged 156,800 per month, according …

President Trump on Monday escalated his attacks on Harvard University, saying he’s considering giving $3 billion the Ivy League institution receives in grant money to trade schools across the U.S.  “I am considering taking Three Billion Dollars of Grant Money away from a very antisemitic Harvard, and giving it to …

The Biden administration said Tuesday it will release 1 million barrels of gasoline from a Northeast reserve in a move to ease prices at the pump for motorists. The Energy Department said the sale was timed to provide relief as the summer driving season begins. “The Biden-Harris Administration is laser-focused …

A federal judge in New York has ruled that Alibaba must face a lawsuit by a U.S. toymaker alleging that the Chinese ecommerce giant’s online platforms were used to sell counterfeit Squishmallows. Judge Jesse Furman of the Southern District Court of New York refused Alibaba’s request to dismiss the case …

JCPenney said Thursday it plans to spend more than $1 billion by the end of 2025 in a bid to revive the storied but troubled 121-year-old department store chain. The money is going toward remodeling JCPenney stores, upgrading its online shopping site and app, and making its supply network more …

A troubling trend is brewing underneath America’s strong employment market: more children are working in dangerous jobs, violating the nation’s labor laws and putting their lives at risk.  In the last 10 months, federal regulators have found almost 4,500 children working in violation of federal child labor laws, an increase …

The “Taco Tuesday” trademark dispute between Taco Bell and Taco John’s has come to an end.  While people across the globe have long enjoyed tacos on Tuesdays (and other days), the term “Taco Tuesday” has actually been trademarked for more than 40 years by Taco John’s, a fast-food chain from …

Threads, the new social-media service from Meta, reached more than 100 million signups over the weekend, according to Meta CEO Mark Zuckerberg. That means Threads is now the fastest-growing app in history, outpacing both ChatGPT and TikTok.  The 100 million signups represent “mostly organic demand and we haven’t even turned …

The Birkin bag, a luxury handbag made by French fashion house Hermès, has become a symbol of wealth and exclusivity, with long waiting lists and prices that can soar into the hundreds of thousands. When Seattle product designer M.J. Kim expressed interest in owning a Birkin bag to her boyfriend, …