Simone Del Rosario
More from Simone Del Rosario
-
UPS strike ‘catastrophe’ avoided but threat spotlights issues with US shipping
UPS and its union workers avoided a nationwide shipping crisis after agreeing to a work contract Tuesday, July 25. Had a deal not been reached by July 31, roughly 340,000 workers would have gone on strike in the largest single-employer strike in U.S. history. “We averted a catastrophe,” Patrick Penfield, a professor of supply chain… -
Fed set to hike rate again as consumer confidence in economy hits 2-year high
Whatever happened to that recession? Several months ago, top economists predicted the country would be in a recession right now. Instead, consumer confidence just hit a 2-year high in July, the U.S. unemployment rate is 3.6%, and gross domestic product numbers due this week are expected to show a growing economy for the second quarter… -
Janet Yellen in China as countries clash over trade, chips and espionage
Treasury Secretary Janet Yellen is on her first visit to China since taking the post in 2021. The trip comes as the world’s two largest economies remain at odds. Here are five ways tensions between the United States and China are affecting business in this week’s Five For Friday. #5: Executive visits Talks of decoupling… -
Meta’s Threads threatens Twitter’s turf with 30 million signups and no ads, yet
Forget the cage match between Elon Musk and Mark Zuckerberg. Zuck is stepping into the ring with Twitter instead. Meta launched Threads, a “public conversations app” that looks an awful lot like Twitter, one day early on July 5. Zuckerberg boasted that the app gained 10 million users within seven hours of launching. Threads is… -
3 things to know now that Supreme Court blocked Biden’s student loan cancellation
The Supreme Court blocked President Joe Biden’s plan to cancel up to $20,000 each in federal student loan debt for millions of borrowers on Friday, June 30. In a 6-3 decision, the conservative majority ruled the Biden administration overstepped its authority with the plan, which would have cost around $400 billion, according to budget office… -
How 5 companies are already using AI, from Mercedes to Wendy’s
Generative artificial intelligence has exploded since ChatGPT hit the mainstream late last year. Five For Friday has covered the jobs AI could replace and even the ways it could be sued. But technology advancement has already graduated past theoretical applications. Here are the real-world businesses already using generative AI in this week’s Five For Friday. … -
From nuclear bunkers to pirate ships: 5 coolest offices on the planet
The era of work-from-home is winding down for many. New York City offices just hit 50% occupancy for the first time since the COVID-19 pandemic. Dreading those stale cubicle walls? Here are some of the coolest offices on the planet in this week’s Five For Friday. 5: Bahnhof Swedish internet service provider Bahnhof repurposed a… -
Significant slowdown: May consumer price inflation at 4% but core stays hot
Consumer price inflation saw a big slowdown in May thanks to stable food prices and dropping energy prices, but core inflation stayed hot. May’s 4% annual rise in consumer prices is the lowest headline number since March 2021. The good news The Bureau of Labor Statistics numbers out Tuesday morning, June 13, came in slightly… -
Apple Vision Pro is here. Here are Apple’s top 5 life-changing innovations.
Apple’s Worldwide Developers Conference kicked off Monday, June 5, where the company makes a big production of its new products. Will this year’s launches change technology forever? Here are Apple’s biggest innovations throughout its history in this week’s Five For Friday. #5: Vision Pro The Apple Vision Pro will be one of the priciest headsets… -
The ‘fancy financing’ used to draw Lionel Messi to Miami over Saudi’s $1.5B offer
In a shocking score for Major League Soccer, superstar Lionel Messi reportedly turned down $1.5 billion from Saudi Arabia’s oil coffers to play for Inter Miami, the struggling MLS team co-owned by David Beckham. Messi’s deal may be less lucrative on paper than what the Saudis offered but comes with plenty of perks. Though the… -
US adds 339,000 jobs in May, smashing estimates, while unemployment rises
The U.S. economy added 339,000 jobs in May, smashing estimates, while the unemployment rate ticked up to 3.7%, according to the Bureau of Labor Statistics. Economists had expected May to bring in around 190,000 jobs. The data didn’t bring the slowdown in hiring many had expected to see. In fact, the BLS revised jobs numbers… -
Adidas Yeezy sneakers are back. These 5 brands also made comebacks.
German footwear giant Adidas started selling off its excess inventory of Yeezy-branded sneakers after a very public breakup with rapper Kanye West. While Ye will still collect royalties for his role in designing the shoes, Adidas said it is donating a “significant amount” to groups working to combat hate and discrimination. It’s better than destroying… -
Who wins debt ceiling deal, Biden or McCarthy? Fmr. Trump adviser says both
The debt ceiling deal cleared its biggest hurdle in the Republican-controlled House Wednesday night, May 31. The deal passed 314-117, with 71 Republicans and 46 Democrats voting against the bill. The Senate now has until Monday, June 5, to sign off on the deal before the dreaded X-date, when the Treasury runs out of funds.…
Latest Stories
-
Getty Images
Denzel Washington baptized, receives minister’s license in New York
-
Getty Images
China warns US 'playing with fire' with Taiwan aid
-
Getty Images
Minneapolis amends ordinance regarding anti-abortion sidewalk counselors
-
Getty Images
Panama Canal, Canada, Greenland: Trump’s early foreign policy targets
-
Getty Images
Record 9 teams will pay MLB luxury tax totaling $311 million in January
Popular Opinions
-
In addition to the facts, we believe it’s vital to hear perspectives from all sides of the political spectrum.