Inflation squeezes Americans as 61% say they live paycheck to paycheck
More than six in 10 Americans said they are living paycheck to paycheck as the rate of price increases remains stubbornly high despite the Fed...
Hollywood honchos to join Chuck Schumer’s AI summit amid strike
Senate Majority Leader Chuck Schumer’s upcoming summit on artificial Intelligence could have implications for Hollywood – and the ongoing strikes that have shuttered the industry,...
Goldman Sachs used Chinese state funds to buy US, UK firms
Goldman Sachs tapped into a $2.5 billion private equity “partnership fund” with the Chinese government to buy several American and British companies, according to a...
Disney sued over ‘fraudulent scheme’ to hide streaming losses
Disney shareholders accused the media giant’s leadership of misleading investors with “a fraudulent scheme designed to hide the extent of Disney+ losses,” according to a...
CNN names Mark Thompson chairman and CEO, replacing Chris Licht
Warner Bros. Discovery named former New York Times Company CEO Mark Thompson as CNN’s new chairman and CEO, succeeding Chris Licht as head of the...
Under Armour’s Kevin Plank gave Stephanie Ruhle private phone, email
Cable TV anchor Stephanie Ruhle received a private phone and email account from Under Armour boss Kevin Plank through which they communicated at all hours,...
Vanguard joins BlackRock in rejecting more ESG proposals from shareholders
The Vanguard Group says it has only approved 2% of the environmental and social resolutions brought by shareholders in 2023, down from 12% last year,...
Why Americans are declining to buy homeowners insurance
More Americans are declining to buy home insurance due to increasingly expensive premiums — leaving them at considerable risk of losing their home and personal...
Grayscale wins lawsuit against SEC as court paves way for bitcoin ETF
The Securities and Exchange Commission should have approved an application from Grayscale Investments to create a spot bitcoin exchange-traded fund, a federal appeals court ruled on Tuesday,...
Citadel interns make $19K a month if they get into ‘math boot camp’
Citadel founder Ken Griffin’s hunt for the next tech genius has the billionaire paying a select crop of interns nearly $20,000 a month to participate...