Jul 01 Watch 8:41 As veterinary costs climb, private equity ownership of clinics draws scrutiny By Paul Solman, Mary Fecteau Veterinary care is becoming increasingly expensive for American pet owners. As prices rise, attention is turning to a major shift in the industry: private equity firms and large corporations buying up veterinary practices across the country. Paul Solman has the… Continue watching
Jul 01 Federal Reserve Chair Warsh emphasizes political independence, signals focus on inflation By Christopher Rugaber, Associated Press In remarks at a central bank conference in Sintra, Portugal, Warsh said that if businesses or households thought the Fed would accept inflation above 2%, “I guess they'd be disappointed. We're going to deliver price stability.”… Continue reading
Jun 30 U.S. consumer confidence rises as gas prices fall, but economic outlook remains gloomy By Christopher Rugaber, Associated Press The Conference Board said Tuesday that its consumer confidence index rose 0.6 point to 91.2 in June, a figure that is still below its year-ago reading of 95.2. Continue reading
Jun 30 Can Dave Portnoy be canceled? By Amna Nawaz Dave Portnoy is the founder of Barstool Sports, a media goliath he started as a free gambling newsletter in the early 2000s. His new book, "Cancel Me If You Can," details his rise – and the controversies he's faced along… Continue reading
Jun 29 Comcast plans to spin off NBCUniversal and Sky into a separate media company By Michelle Chapman, Associated Press Once the transaction is complete, Comcast shareholders will own shares in both Comcast and NBCUniversal. Continue reading
Jun 29 Supreme Court says Fed's Lisa Cook can keep her job for now, but it upholds other Trump firings By Mark Sherman, Associated Press The Supreme Court on Monday dramatically expanded presidential power, upholding President Donald Trump’s firings of the heads of independent federal agencies with one important exception, the Federal Reserve. Continue reading
Jun 28 Fact-checking Trump's claims about 401(k) gains during his second term By Louis Jacobson, PolitiFact Fidelity Investments data shows that during the majority of Trump’s second term, average 401(k) account balances have risen by $9,454, or about one-third of the $30,000 figure Trump cited. Continue reading
Jun 26 Apple increases prices for Macs and iPads, blaming memory chip shortage fueled by AI By Barbara Ortutay, Associated Press The Cupertino, California-based company called the demand spike an “unprecedented challenge” for the consumer electronics industry. Continue reading
Jun 26 Americans are inundated with suspected scams. New polls show why few victims report them By Amelia Thomson-Deveaux, Associated Press Most Americans are inundated with scam attempts on a daily basis — and about 3 in 10 have personally lost money or personal information to scams, according to a new AP-NORC survey. Continue reading
Jun 26 Trump threatens 100% tax on European imports if countries impose tax on digital services By Collin Binkley, Associated Press “Please let this statement serve to represent that any Country that imposes such a Tax will immediately be met with a 100% TARIFF on any and all Goods sent to the United States of America,” Trump wrote in a post… Continue reading