Economy - Page 23

A&E Network has announced a series of layoffs affecting staffers and executives alike across the Hearst Communications, Disney-owned Lifetime, History Channel, and A&E networks, as the cable industry continues to be buffeted by steep financial losses.

Linda Yaccarino, CEO of Elon Musk’s X, has expressed her determination to lead a complete reset of the advertising industry in the wake of the company’s antitrust lawsuit against the World Federation of Advertisers (WFA) and its GARM censorship organization.

In the wake of a recent court decision that found Google guilty of illegally monopolizing the online search market, the DOJ is weighing options to restore competition, including a potential breakup of the tech giant.

You have to go back to Jimmy Carter to find food prices rising this fast.

Inflation picked up in July, reversing the decline in prices seen in the prior month, but remained cool enough to lock in a rate cut from the Federal Reserve next month. The consumer price index climbed 2.9 in July from

Paramount Global announced on Tuesday it would be shutting down its TV studio, laying off thousands amid the industry’s uncertain future. 

Just when you thought it was safe to venture back into the grocery stores, food inflation is roaring back.

The largest employer in Perry, Iowa, has shut down, and the decision to do so has significantly impacted the entire town.

The affordable gym chain known as Blink Fitness filed for Chapter 11 bankruptcy recently as many other businesses across the nation have done the same.

Elon Musk, the CEO of electric vehicle company Tesla, defended the oil and gas industry during an interview with former President Donald Trump on his social media platform X.

According to a recent report from ChargerHelp, unreliable public charging infrastructure and inaccurate information on charger uptime have become two of the biggest barriers to the electric vehicle (EV) transition in the United States.

Conservatives and activist investors have been pushing for changes at the coffee chain.

A recent study conducted by Accountable Tech, a social media integrity nonprofit, has shed light on the impact of Mark Zuckerberg’s decision to reduce the spread of political content on Instagram.

Inflation pressures in the U.S. showed further signs of cooling in July as producer prices rose just 0.1 percent, less than expected.

President Joe Biden and Vice President Kamala Harris failed to a score positive rating on managing the economy, Financial Times and University of Michigan Ross School of Business poll found Monday, with a majority wanting changes.

Former President Donald Trump spoke about how “a lot of people” do not have the funds to be able to afford “a whole cart” of groceries.

Car insurance rates have continued to rise dramatically after the coronavirus pandemic, despite predictions from industry experts that the increase would have slowed down by 2024, data scientists said in a report.

Hardwood flooring giant LL Flooring Holdings, Inc., formerly Lumber Liquidators, has filed for Chapter 11 Bankruptcy.

Kamala Harris’s campaign has reportedly snubbed the Teamsters Union after the union’s president gave a populist speech at the RNC.

Former President Donald Trump’s running mate, Sen. JD Vance (R-OH), is defending Federal Trade Commission (FTC) Chair Lina Khan.

Thanks to brutal inflation and equally brutal interest rates, 59 percent of Americans believe this country is in a recession.

In a presidential election year, many economic surveys cannot escape the gravity of expectations about the outcome of the presidential election.

Donald Trump’s running mate Sen. JD Vance (R-OH) is proposing a pro-family agenda that would include an expanded child tax credit.

White House Press Secretary Karine Jean-Pierre tried and failed Monday to claim credit for the “no tax on tips” idea that Vice President Kamala Harris embraced after former President Donald Trump proposed it earlier this summer.

Uber CEO Dara Khosrowshahi has expressed skepticism about the feasibility of Elon Musk’s ambitious plan to turn Tesla vehicles into a fleet of privately owned autonomous taxis.

NASA is grappling with a critical decision regarding the return of astronauts Barry Wilmore and Suni Williams from the International Space Station (ISS) amid concerns over the Boeing Starliner’s autonomous undocking capabilities and the spacecraft’s potential to damage one of only two docking ports on the space station.

A far larger share of the public says they’ll be better off financially under Trump than Harris.

Former President Donald Trump and tech mogul Elon Musk are set to engage in a live, unscripted interview on the social media platform X, formerly known as Twitter, on Monday, August 12 at 8 p.m. EST. Here’s how to access the Twitter “space” feature.

A former Minnesota bar owner who faced more than $300,000 in fines during the COVID-19 pandemic described Gov. Tim Walz (D-MN) as an “evil man” who had taken “small businesses and ripped them up.”

Vice President Kamala Harris — who on Saturday copied a campaign promise first announced by former President Donald Trump to eliminate taxes on tips — voted in 2022 to pass legislation that allowed the IRS to track down workers’ tips so that they could be taxed.

A New York City couple has garnered criticism for the creative way they chose to have their dream wedding amid high inflation — by charging their guests over $300 to attend the ceremony.

Jason Trennert, the CEO of Strategas Research Partners, warned of a “second wave of inflation” in 2025 unless Donald Trump is reelected.

Democrats own the housing crisis, as they have infused “millions” into U.S. society via illegal immigration, Dr. Ben Carson suggested.

The 2024 Summer Olympics have been inundated with advertisements from tech giants touting their latest AI tools, but their tone-deaf approach has left viewers unimpressed and concerned.

The former CEO of Google-owned YouTube, Susan Wojcicki, died on Friday at the age of 56, following a two-year battle with lung cancer.

The economists are probably right and the market is probably wrong when it comes to forecasting the Fed’s interest rate policy over the remainder of this year.