Target said Wednesday that its customers reduced spending on groceries and home goods as concern about high prices persisted last quarter. The retailer said in its latest earnings report that overall customer traffic fell 1.9%, …
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Business
The collapse of a fintech firm with 10 million users has left many Americans without access to their money
by adminA dispute between a fintech startup and its banking partners has ensnared potentially millions of Americans, leaving them without access to their money for nearly two weeks, according to recent court documents. Since last year, Synapse — …
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Business
Warner Bros. Discovery and ESPN strike 5-year deal for College Football Playoff games
by adminIn a move to strengthen its sports offerings, Warner Bros. Discovery has signed a five-year sublicensing deal with Disney’s ESPN to broadcast first-round and quarterfinal College Football Playoff games. Warner Bros. Discovery’s TNT will carry two first-round games …
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Federal Reserve officials grew more concerned at their most recent meeting about inflation, with members indicating that they lacked the confidence to move forward on interest rate reductions. Minutes from the April 30-May 1 policy …
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Amazon is upgrading its decade-old Alexa voice assistant with generative artificial intelligence and plans to charge a monthly subscription fee to offset the cost of the technology, according to people with knowledge of Amazon’s plans. The Seattle-based tech …
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Sales of previously owned homes fell 1.9% in April from March to 4.1 million units, on a seasonally adjusted annualized basis, according to the National Association of Realtors. The forecast had been for a slight …
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Spain, Norway and Ireland have announced plans to formally recognize a Palestinian state, in a move that is likely to bolster the global Palestinian cause but strain relations with Israel. Palestinian statehood has been recognized by …
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World
The Ukraine war is forcing migrating eagles to change their flight paths, scientists say
by adminGreater spotted eagles are already a species under threat. Now, scientists have found that they have been facing yet another danger: the war in Ukraine. Eagles have been exposed to conflict events while migrating through …
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World
Biden’s EPA is trying to take a huge bite out of the climate crisis. Can it survive Trump’s Supreme Court?
by adminPresident Joe Biden’s Environmental Protection Agency threw down a gauntlet on climate this spring, pushing carmakers toward electric vehicles, cracking down on natural gas leaks and forcing power plants to get their planet-warming pollution under …
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World
Indian teen allegedly kills two while drunk driving. As punishment, he was told to write an essay
by adminAnger is growing in India after a teenager who allegedly killed two people while drunk driving was ordered to write an essay as punishment, with many demanding a harsher penalty and accusing the judiciary of …