Meta Faces Historic US Trial Over Child Harm and Addictive Design

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Meta Platforms is set to confront a coalition of state attorneys general in a federal court trial in California starting Wednesday. The case centers on allegations that the company designed Facebook and Instagram to be addictive for children, potentially leading Read More …

U.S. Stocks May Rise on Mild Inflation

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The major U.S. Index futures are currently indicating a higher opening on Wednesday, suggesting that stocks are poised to rebound after predominantly declining during the previous session. The futures advanced more decisively into positive territory after the publication of a Read More …

US inflation dips to 3.4% in July as petrol prices fall

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Annual inflation decelerated for the second consecutive month, easing to 3.4% in July, as petrol prices exerted less pressure, according to new data released Wednesday by the Bureau of Labour Statistics. The latest Consumer Price Index indicated a monthly price Read More …

Auto and home payments plague more Americans

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Recent data from the Federal Reserve Bank of New York revealed that a growing number of Americans are increasingly struggling to keep up with their home and car loan payments, marking the most significant decline in financial stability observed over Read More …

US Stocks to Rise as Oil Prices Fall Before Inflation Data

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The major U.S. index futures are indicating a modestly higher opening on Tuesday, suggesting that stocks are poised to rebound after concluding yesterday’s volatile trading session with a slight decline. The upward momentum on Wall Street coincides with a notable Read More …

BlackRock Secures Union Deal for AI Construction Jobs

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BlackRock Inc. has entered into an agreement with organised labour aimed at mobilising construction workers for upcoming data centers and energy projects. This initiative represents a continued effort by major investors to highlight the jobs generated, rather than those displaced, Read More …

Iran-Trump Reparations Demand Deepens Strait of Hormuz Standoff

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US President Donald Trump on Monday addressed Iran’s stipulations for a peace agreement by presenting his own requirements, which include demands for Iran to provide compensation for individuals who lost their lives in conflicts, assaults, and demonstrations. This rhetorical escalation Read More …

America’s K-Shaped Economy May Be Narrowing

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A surprising trend has been emerging in Bank of America accounts over the past few months: The gap between America’s wealthy and poor seems to be diminishing. That stands in stark contrast to the prevailing narrative we’ve been hearing for Read More …