âThe economy has weathered the Fedâs higher-for-longer strategy admirably well, but there is a mounting threat that the ongoing pressure will expose fault lines in the financial system,â Moodyâs chief economist Mark Zandi wrote in a recent Washington Post op-ed.
Archegos Capital Management founder Sung Kook âBillâ Hwang was convicted by a jury in Manhattan federal court on Wednesday at a criminal trial in which prosecutors accused him of market manipulation ahead of the 2021 collapse of his $36 billion private investment firm.
Both Samsungâs watch and ring are leaning on AI to do a better job of analyzing biometric data collected from the person wearing the devices to customize assessments of their well-being through an âenergy scoreâ that will deliver ratings on a one to 100 scale and also make recommendations like a virtual fitness coach.
Getting promoted is a proud moment in a personâs career and itâs almost always the result of hard work, dedication to the position and the company, and the ability to stand out among the crowd of employees.
For those who do not add $50 worth of qualifying items to their digital cart, there is an $8 flat rate fee; however, Samâs Club says, âSome category exclusions apply whereby variable shipping will be charged.â
The Motion Picture Association-Canada, which represents the streamers, said last monthâs order by the Canadian Radio-television and Telecommunications Commission, âexceeds the broadcast regulatorâs authority and fails to recognize the billions of dollars the companies spend in Canada each year,â according to a report from Dow Jones.
Marianne Lake, CEO of consumer and community banking at JPMorgan Chase, pinned blame for potentially the added burden on Washington regulators â who have pushed an $8 cap on credit-card late payment fees and a $3 cap for over-drafting bank accounts.
The publishing giantâs deal with OpenAI and its CEO Sam Altman, announced in May, allows the ChatGPT creator to use current and archived content produced by News Corp-owned outlets â which also include The Wall Street Journal, The Sun and The Times of London â to answer user questions and train its AI models.
Musk on Tuesday took to his social media platform, X, to respond to a user who invited the mogul to comment on what he would say to so-called âTesla bearsâ â a group of Wall Street investors who have long believed that the EV makerâs stock has been overvalued.
âMcMahon was publicly recognized for her work âto make the station group more diverse, on both sides of the camera and in leadership positions,'â the suit said, adding that the exec â who now holds the role of CBS News CEO, replaced him with Chauncy Glover, a 37-year-old African-American anchor out of ABCâs Houston bureau.
In a surprise twist, Seattle-based Amazon â the e-tailing giant headed by billionaire Jeff Bezos â will become not only a minority investor in the new company â to be called Saks Global â but also will provide âtechnology and logistics servicesâ to the merged operation, sources told The Post.
Skydance would pay $1.75 billion for National Amusements, which owns 77% of the voting shares of Paramount, as per the tentative agreement, three sources familiar with the matter told Reuters on Tuesday.
First-time applications for unemployment benefits increased last week, while the number of people on jobless rolls rose further to a 2-1/2 year high towards the end of June, consistent with a gradual cooling in the labor market.
Family businesses run by the Gottis have agreed to pay at least $210,000 in fines and clean up toxic chemicals that spewed from a Queens scrap yard they operate, according to a settlement announced Tuesday by state Attorney General Letitia James.
Direct losses to the auto dealerships impacted by outages at major software provider CDK Global in recent weeks could reach a collective $1 billion if the problems are not fixed soon, according to new data.
âDemocrats could not buy, with all of George Sorosâs money, the enthusiasm, engagement and interest they would get from having an open convention,â Maher said, referring to the liberal billionaire who is a frequent supporter of progressive lawmakers.
According to Bloomberg News, P&G posted higher than expected sales in its grooming division â a trend that the company partly attributes to the popularity of its total body shaving and hair removal products aimed at intimate areas.
