Simone Del Rosario
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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.… -
Biden, McCarthy strike deal to avoid default. Now it’s up to Congress.
President Joe Biden and House Speaker Kevin McCarthy announced late Saturday night that they have reached a tentative agreement to raise the nation’s debt ceiling and avoid a catastrophic default. The two sides finalized preliminary negotiations on the phone over the holiday weekend, characterizing it as an “agreement in principle.” The text of the deal… -
5 fake news reports that caused real dips in the stock market
A faked AI-generated image of an explosion near the Pentagon on May 22 actually moved the stock market. While it may be the first AI image to do so, it’s not the first time fake news has led to serious financial damages. Here are five times fake reports caused real dips in the stock market… -
US risks credit downgrade ahead of debt default. Here’s what happened last time.
One week before the X-date, when the U.S. could potentially default on its debt, the country’s credit rating was put on notice. Fitch Ratings warned late Wednesday, May 24, that the federal government’s gold standard AAA rating is now on “rating watch negative.” The Treasury Department has said it can’t know for sure exactly when…
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US economy depending on the wealthy more than ever: Report
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Government-imposed internet disruptions hit record high globally in 2024
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Trump admin aims to protect child trafficking victims with deportation order
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Starbucks slashes 1,100 corporate jobs, tells execs to be in office 3 days
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2 Virginia Beach police officers killed by convicted felon: Officials
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