Stocks fell on Thursday, giving back their gains from the last two days, after better-than-expected data on the economy fueled worries on Wall Street that the Federal Reserve may need to boost interest rates higher. Usually, good news on the economy would be good for markets, particularly when anxieties about …
Read More »Twitter Files: What they are and why they matter
The so-called Twitter Files are the brainchild of Twitter owner Elon Musk, who has said he wants to show “what really happened” behind the scenes regarding content moderation decisions at the social media company before he bought it in October. The Twitter Files have been released in dribs and drabs …
Read More »Indiana sues TikTok, claiming it violates child safety laws
Indiana’s attorney general is suing TikTok, claiming the social app collects “reams” of sensitive data on consumers and serves up inappropriate videos to children. Attorney General Todd Rokita filed a pair of lawsuits on Wednesday in state court against TikTok and its owner, Chinese company Bytedance. They are the first …
Read More »NYC to pay up to $170,000 to hire a rat czar with “swashbuckling attitude”
New York Mayor Eric Adams is looking to pay someone with “a virulent vehemence for vermin” as much as $170,000 a year to fill the role of the Big Apple’s new rat czar. “There’s NOTHING I hate more than rats,” Adams said in posting on social media on Thursday. “If …
Read More »Disney World prices are going up for the second time this year
Disney is raising ticket prices for most of its Florida theme parks for the second time this year — and boosting the cost of a day at the Magic Kingdom, its most popular Orlando theme park, even higher than the other parks. Starting December 8, ticket prices for the Magic …
Read More »Reports: Twitter set to lay off roughly half its staff
Twitter employees awaited word of widespread layoffs Friday, as its new billionaire owner Elon Musk moves quickly after his big takeover to make the messaging platform financially sound. A company-wide email reported by multiple news outlets said Twitter employees will receive word on their fate via email at the start …
Read More »That call offering help with student loan forgiveness is probably a scam
The 40 million Americans eager to shed their student debt are being targeted by scammers who are calling, texting and emailing people with fraudulent offers of help, law enforcement officials warn. Criminals often adapt old scams to capitalize on current events, in this case making use of the Biden administration’s program …
Read More »Holiday airfare is rising: What to know if you haven’t booked yet
Americans planning to fly this holiday season should brace themselves for crowded flights and costlier seats, with airlines cutting back their schedules at what is usually a slower time for travel. “The fourth quarter traditionally is a low-travel season — not this year,” CBS News’ senior travel adviser Peter Greenberg …
Read More »How rich is LeBron James? Here’s a breakdown of his wealth.
LeBron James’ move this week to buy into a professional pickleball team is unlikely to weigh heavily on his pocketbook. The Los Angeles Laker star became a billionaire earlier this year due to his mix of real estate holdings, ownership in sports teams, and many sponsorship and endorsement deals, according …
Read More »Billionaire philanthropist MacKenzie Scott files for divorce
MacKenzie Scott will be giving away her vast fortune on her own — at least for now — as the billionaire philanthropist and her former science teacher husband, Dan Jewett, are splitting after 18 months of marriage. As first reported by the New York Times, Scott filed her petition on …
Read More »