Investment firms led by the former CEO of the SPAC that merged with Donald Trump’s media company allege that their files were hacked and stolen by a current member of the media company’s board of directors. In a federal civil lawsuit filed in South Florida last month, the firms accuse board member Eric Swider of plotting a coup […]
Category: News
Tesla has settled a wrongful death lawsuit brought by the family of Walter Huang, an Apple engineer and father of two who died after his Model X SUV, with Autopilot features switched on, crashed into a highway barrier near Mountain View, California, in 2018. The settlement comes as jury selection and a trial were just […]
Wednesday’s inflation report showed consumer price growth continues to drift higher. The Bureau of Labor Statistics reported price growth accelerated to 3.5% in March, from 3.2% in February. Few categories had as big a jump year on year than auto insurance, which soared 22% from March 2023, the most significant year-on-year jump in that category […]
Shares of Trump Media have erased all their gains since they began trading under the ticker DJT last month. The stock closed down more than 8% Monday at $37.17 after falling about 11% earlier in the day. It had traded above $79 a share on March 26, the day of its debut. But experts say […]
Inflation likely remained elevated once again for the month of March, adding another round of price increases to Americans’ already-strained wallets. On paper, the U.S. economy looks solid. The unemployment rate has now remained below 4% for the longest stretch since the 1960s. Stocks are at all-time highs. The economy continues to add jobs. But since […]
‘They can’t get it wrong again’: Economists are increasingly uncertain about Fed rate cuts this year
The U.S. Federal Reserve is determined not to reduce interest rates too soon — and some economists say recent data has pushed a summer cut completely off the table. Friday’s jobs report reiterated the seemingly unwavering strength of the U.S. labor market and suggested further need for Fed caution. All eyes will now be on Wednesday’s consumer price […]
Shares of Trump Media have erased all their gains since they began trading under the ticker DJT last month. As of Monday afternoon, the stock was priced at about $36 — down from a high of $66 seen March 27. But experts say it’s hard to draw any firm conclusions about what the stock price’s […]
If you bought packaged meat or bagged fruit from Walmart in the past five years or so, you may be eligible for a settlement payment. The retail giant has agreed in principle to pay back a fraction of what affected customers spent on the purchases as part of an agreement with plaintiffs who claimed it […]
Shares of Trump Media have erased all their gains since they began trading under the ticker DJT last month. As of Monday afternoon, the stock was priced at about $36 — down from a high of $66 seen March 27. But experts say it’s hard to draw any firm conclusions about what the stock price’s […]
It will take more than the moon blocking out the face of the sun for Emily Gegg and Amanda Schwent to charge more for moonsicles. The best friends and co-owners of Luna’s Shaved Ice have stockpiled 25,000 of their frozen fruit pops to sell for $3 apiece to visitors descending on Perryville, Missouri, to watch […]