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Business News

Inflation has plummeted but these prices are still soaring

Cyril Marcilhacy/Bloomberg via Getty Images(NEW YORK) -- A better-than-expected inflation report last week bolstered hopes that a prolonged bout of severe…

1 year ago

What to know about the actors’ strike

CHRIS DELMAS /GETTY IMAGES (LOS ANGELES) -- A union representing roughly 160,000 actors launched a strike overnight, bringing Hollywood to…

1 year ago

Elon Musk launches his own AI company to compete with ChatGPT

Carol Yepes/Getty Images(NEW YORK) -- Billionaire entrepreneur Elon Musk launched an artificial intelligence company called xAI on Wednesday, vowing to…

1 year ago

Founder of cryptocurrency lending platform Celsius Network arrested

Catherine Falls Commercial/Getty Images(NEW YORK) -- The founder of cryptocurrency lending platform Celsius Network was arrested Thursday on federal charges.…

1 year ago

SAG-AFTRA negotiating committee votes unanimously to recommend strike as Hollywood talks stall

Mario Tama/Getty Images(LOS ANGELES) -- The Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) negotiating committee has voted…

1 year ago

Powerball jackpot jumps to $875 million after no winners in Wednesday’s drawing

LPETTET/Getty Images (NEW YORK) -- The Powerball jackpot is now an estimated $875 million for Saturday's drawing, after no winners…

1 year ago

SAG-AFTRA strike looms as union and studios meet with federal mediators

Mario Tama/Getty Images(LOS ANGELES) -- The Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) is expected to strike at…

1 year ago

Bob Iger to stay on as CEO of Walt Disney Company through 2026

Vittorio Zunino Celotto/Getty Images(NEW YORK) -- The Walt Disney Company has announced that Bob Iger will remain CEO for two additional…

1 year ago

San Francisco’s retail exodus goes beyond crime, experts say

Barry Winiker/Getty Images(SAN FRANCISCO) -- The slew of closures of retail stores in San Francisco in recent months doubles as…

1 year ago

Inflation cooled significantly in June, bringing price hikes close to normal levels

Javier Ghersi/Getty Images(WASHINGTON) -- Consumer prices rose 3% last month compared to a year ago, marking a significant slowdown and…

1 year ago