Nov 27 Czech labor unions stage a day of action in protest of spending cuts, pension changes By Associated Press Labor unions have staged a day of protests and strikes across the Czech Republic to voice their opposition to the government's package of cuts and austerity measures meant to keep the ballooning deficit under control. Continue reading
Nov 27 Elon Musk visits Israel to meet top leaders as accusations of antisemitism on X grow By Melanie Lidman, Kelvin Chan, Associated Press Musk has been under fire for endorsing an antisemitic conspiracy theory and for wider accusations of hatred flourishing on the platform previously known as Twitter. Continue reading
Nov 27 Consumers projected to spend around $12 billion on Cyber Monday By Haleluya Hadero, Associated Press Consumer spending for Cyber Week - the five days between Thanksgiving and Monday - provides a strong indication on how much shoppers are willing to spend during the holidays. Continue reading
Nov 27 WATCH: Biden says he's helped lower inflation during the first meeting of his new supply chain council By Josh Boak, Associated Press President Joe Biden on Monday opened the first meeting of his supply chain resilience council by warning companies against price gouging and saying that his administration was working to lower costs for U.S. families. Continue reading
Nov 24 Retailers step up Black Friday deals to with consumers on tighter budgets in mind By Anne D'Innocenzio, Associated Press Consumers are coming under pressure as their savings dwindle and their credit card debt grows. Despite some relief from easing inflation, many goods and services like meat and rent are still far higher than they were just three years ago. Continue reading
Nov 23 Retailers hoping for Black Friday boon even as shopping slowdown is expected By Anne D'Innocenzio, Associated Press NEW YORK (AP) — Retailers are kicking off the unofficial start of the holiday shopping season on Friday with a bevy of discounts and other enticements. Continue reading
Nov 22 Sam Altman reinstated as OpenAI CEO with new board replacing the one which fired him By Matt O'Brien, Associated Press The ousted leader of ChatGPT-maker OpenAI is returning to the company that fired him late last week, culminating a days-long power struggle that shocked the tech industry and brought attention to the conflicts around how to safely build artificial intelligence. Continue reading
Nov 21 WATCH: Garland and Yellen announce $4 billion settlement with Binance over failures to prevent money laundering By Lindsay Whitehurst, Gene Johnson, Eric Tucker, Associated Press “In part because of the crimes it committed, Binance became the world’s largest cryptocurrency exchange — now, Binance is paying one of the largest corporate penalties in U.S. history,” said Attorney General Merrick B. Garland. Continue reading
Nov 21 Thanksgiving travel surge expected to set records By David Koenig, Associated Press The good news for travelers by plane and car alike: Prices are coming down. Continue reading
Nov 20 Why economists say falling inflation isn't enough to relieve stress about the U.S. economy By Christopher Rugaber, Associated Press Most Americans hold a glum view of the economy despite inflation reaching its lowest point in over two years. Many factors lie behind the disconnect, but economists increasingly point to one in particular: The lingering financial and psychological effects of… Continue reading