A 2018 Cadillac ATS-V Sedan once leased by President Joe Biden has gone up for auction. The car was built as a “one-of-one specification” for Biden while he was out of office after serving as …
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Cast members at Disneyland in California have sought to organize with the United States’ primary stage actors union. Some 1,700 characters and parades workers are receiving unionization cards from the group, Actors’ Equity Association, according …
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Business
Self-driving Cruise vehicle accused of nearly hitting kids in two separate close calls, one day apart
by adminCruise, the driverless car company owned by General Motors is back in the spotlight after another close call with a pedestrian. The California DMV is investigating allegations that a self-driving vehicle operated by Cruise nearly …
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Tiger Woods has unveiled his new lifestyle brand and clothing line, called Sun Day Red, in the wake of his high-profile split with longtime sponsor Nike. At a news conference Monday evening in Los Angeles, …
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Business
Paramount Global lays off about 800 employees, a day after announcing record Super Bowl ratings
by adminParamount Global is laying off hundreds of employees, just one day after the company announced CBS had record Super Bowl viewership, Chief Executive Officer Bob Bakish said Tuesday in an internal memo to employees. Paramount will lay …
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Business
Super Bowl fans are flooding Vegas with cash. Don’t bet on a big windfall for workers.
by adminBig spenders are set to boost Las Vegas service workers’ earnings during Super Bowl weekend, but maybe not by much. Sin City expects to host more than 330,000 visitors as the San Francisco 49ers face …
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Elevated inflation continues to pervade the U.S. economy. And while the pace of 12-month price increases has slowed from the near-double-digit highs reached in the summer of 2022, American consumers are still encountering higher prices …
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Business
Big banks have drastically cut overdraft fees, but customers still paid $2.2B last year
by adminThe three biggest American retail banks collected 25% less overdraft revenue last year as the companies, under pressure from regulators to cap the fees, created new ways for customers to avoid the penalties. JPMorgan Chase, Wells Fargo and Bank of …
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Business
S&P 500 closes above 5,000 for first time ever, notches fifth straight winning week
by adminStocks rose on Friday after December’s revised inflation reading came in lower than first reported, and the S&P 500 closed above 5,000 level as strong earnings and economic news chugged on. The Dow Jones Industrial Average slipped 90 points, …
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Business
Average credit card balances jump 10% to a record $6,360 as more consumers fall behind on payments
by adminCredit card debt has notched another new high. Americans now owe $1.08 trillion on their credit cards, the Federal Reserve Bank of New York reported Tuesday. Balances jumped 10% from a year ago, according to a separate quarterly credit industry insights …