Pepsi accused of illegal pricing deals with 'a large, big box retailer' in U.S. lawsuit The Federal Trade Commission is suing Pepsi, alleging it has rigged competition by offering unfair pricing deals to a big retailer at the expense of smaller rivals, resulting in higher costs for shoppers. Alina Selyukh
Supreme Court upholds TikTok ban, threatening app's existence in the U.S. The decision resolves a long-running legal dispute between the Department of Justice and TikTok. But experts say President-elect Donald Trump will now have considerable sway over the platform's future in the U.S. Bobby Allyn
U.S. electricity demand is set to explode. That will make it harder to cut climate pollution Analysts say the country will burn a lot more natural gas in the coming years to meet soaring electricity demand, potentially locking in decades of heat-trapping emissions. Michael Copley
Fed cuts were supposed to lower mortgage rates, but they're back above 7%. Here's why It's the first time since May 2024 that 30-year mortgage rates have hit that mark. High rates are adding to the affordability challenges many Americans are facing. Laurel Wamsley
Toyota's commercial truck company will pay $1.6 billion for faking emissions tests Hino Motors will plead guilty to submitting false emissions data to regulators for more than 100,000 heavy-duty trucks. The company will pay an array of fines, and fix some affected vehicles for free. Camila Domonoske
As Trump inauguration nears, FCC chief dismisses complaints against TV networks Outgoing FCC chairwoman Jessica Rosenworcel has rejected petitions to rebuke four local TV stations. She says they were efforts to punish broadcast networks' coverage of presidential politics. David Folkenflik
The Transportation Department sues Southwest Airlines for alleged oft-delayed flights The agency is seeking civil penalties against Southwest Airlines, and also fined Frontier Airlines for its continuous delays. Ayana Archie
Jeff Bezos' New Glenn rocket reaches orbit on first test flight Named after the first American to orbit Earth, the New Glenn rocket blasted off from Florida, soaring from the same pad used to launch NASA's Mariner and Pioneer spacecraft a half-century ago. The Associated Press
How wildfires are impacting Los Angeles' service workers Among the hardest hit labor sectors in Los Angles are service workers, many of whom cleaned and maintained the homes destroyed by fire in wealthy areas.
Inflation remains stubbornly high for many Americans. Could it get worse under Trump? Consumer prices rose 2.9% in December from a year earlier, marking the third consecutive monthly uptick in annual inflation. Rafael Nam