More than half of Americans think that the United States is in an economic recession, although gross domestic product has been increasing for the past several years. According to a new Guardian/Harris poll, 56% of respondents said…
Category:
Editor’s Pick
Editor's Pick
Warner Bros. Discovery’s NBA rights offer could put it in competition with Amazon, not NBC
by
0 comment
Warner Bros. Discovery is considering matching an offer for the media rights to a package of National Basketball Association games as the league looks to finalize terms — but its focus…
Editor's Pick
Collapse of fintech firm with 10M users leaves many Americans without access to their money
by
0 comment
A dispute between a fintech startup and its banking partners has ensnared potentially millions of Americans, leaving them without access to their money for nearly two weeks, according to recent…
Target said Wednesday that its customers reduced spending on groceries and home goods as concern about high prices persisted last quarter. The retailer said in its latest earnings report that…
Editor's Pick
The collapse of a fintech firm with 10 million users has left many Americans without access to their money
by
0 comment
A dispute between a fintech startup and its banking partners has ensnared potentially millions of Americans, leaving them without access to their money for nearly two weeks, according to recent…
Sales of previously owned homes fell 1.9% in April from March to 4.1 million units, on a seasonally adjusted annualized basis, according to the National Association of Realtors. The forecast…
Editor's Pick
Federal Reserve minutes indicate worries over lack of progress on inflation
by
0 comment
Federal Reserve officials grew more concerned at their most recent meeting about inflation, with members indicating that they lacked the confidence to move forward on interest rate reductions. Minutes from…
Editor's Pick
Amazon plans to give Alexa an AI overhaul — and a monthly subscription price
by
0 comment
Amazon is upgrading its decade-old Alexa voice assistant with generative artificial intelligence and plans to charge a monthly subscription fee to offset the cost of the technology, according to people with knowledge of…
Editor's Pick
Warner Bros. Discovery and ESPN strike 5-year deal for College Football Playoff games
by
0 comment
In a move to strengthen its sports offerings, Warner Bros. Discovery has signed a five-year sublicensing deal with Disney’s ESPN to broadcast first-round and quarterfinal College Football Playoff games. Warner Bros. Discovery’s TNT…
Long-expected layoffs are hitting Pixar Animation Studios today. Pixar will lay off about 175 employees, or around 14% of the studio’s workforce, a spokesperson for parent company Walt Disney told CNBC. The…