Although the unemployment rate has spent 30 months at or below below 4% — a near record — not everyone who wants a job has one. And not everyone even wants a job at all. Some, referred to as “NEETs,” which stands for “not in employment, education, or training,” are opting out of the labor force largely because they are discouraged […]Read More
DETROIT — General Motors reported its best quarterly sales in more than three years, including notable increases in full-size pickup trucks and all-electric vehicles. The Detroit automaker on Tuesday reported sales of 696,086 for the second quarter, up 0.6% from a year earlier and its highest quarterly units sold since the fourth quarter of 2020. Its EVs deliveries […]Read More
When Natasha Craft first got a Yotta banking account in 2021, she loved using it so much she told her friends to sign up. The app made saving money fun and easy, and Craft, a now 25-year-old FedEx driver from Mishawaka, Indiana, was busy getting her financial life in order and planning a wedding. Craft had her wages deposited […]Read More
A bitcoin exchange that collapsed 10 years ago after being hacked is set to return billions of dollars’ worth of the token to users — and it has investors worried. In a few days, bankrupt Tokyo-based bitcoin exchange Mt. Gox will begin paying back thousands of users almost $9 billion worth of tokens. The platform went under in […]Read More
Disney and Pixar’s “Inside Out 2” is the newest member of the billion-dollar club. The animated feature has tallied $1.014 billion worldwide as of Sunday, making it the highest-grossing film of 2024 and the first film since Warner Bros.′ “Barbie” to top $1 billion at the global box office. “On behalf of movie theatre owners across the country and around […]Read More
David Ellison’s Skydance has reached a preliminary deal with Shari Redstone’s National Amusements to merge with Paramount, according to two people familiar with the matter, resurrecting a deal which failed just weeks earlier. Controlling shareholder National Amusements has referred the deal to the Paramount special committee, according to people familiar with the matter. Paramount’s special committee is currently reviewing and voting […]Read More
It is well established that the road to power in the Republican Party runs past a toll booth named Donald Trump. Those seeking prominence and power have to offer the former president their fealty at a bare minimum; those seeking to travel further have to pay a higher cost. North Dakota Gov. Doug Burgum (R) […]Read More
Donald Trump declared victory Monday after a Supreme Court ruling on presidential immunity pointed to further legal delays for the former president, who once faced mounting questions about how he’d balance time in court with campaigning for a return to office. The decision that former presidents are immune from prosecution for official actions taken while […]Read More
The Supreme Court ruled Monday that former president Donald Trump and other presidents enjoy a significant degree of immunity for actions taken as president, a decision that could reverberate not just in Trump’s criminal cases but also for future presidents. The court split 6-3 along ideological lines in finding that a president is a) absolutely […]Read More
In its immunity decision Monday, the Supreme Court emphasized the long-cherished ideal that no one in America is above the law, not even the president. The court’s dissenters and a chorus of critics said the majority had undercut that notion, elevating the president to a king who can easily avoid prosecution. They warned of future […]Read More