More from Simone Del Rosario
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From Big Red Boots to Satan Shoes: 5 wildest MSCHF drops
New York Fashion week wrapped up Wednesday but the hottest fashion trend of the week didn’t hit the runway. The most talked-about wearable sensation is boots made by Brooklyn-based art collective MSCHF. The collective is known for taking shots at consumerism in creative ways. Here are some of the wildest MSCHF drops in this week’s… -
Tesla recalls 362,758 vehicles over crash concerns from self-driving mode
Tesla is recalling nearly 363,000 vehicles over concerns its full self-driving mode could cause crashes. The National Highway Traffic Safety Administration (NHTSA) announced the recall on Thursday involving Model S, Model X, Model 3 and Model Ys equipped with the full self-driving beta program. The announcement comes just days after The Dawn Project aired a… -
US will add $2 trillion to deficit every year over next decade, CBO reports
Over 20 years, Congress has raised, suspended and reinstated the debt ceiling two dozen times, going from under $6 trillion to $31.4 trillion. Now, sometime between July and September, the Congressional Budget Office (CBO) predicts the U.S. will run out of funds. But the nonpartisan office warns it could happen even sooner. “For example, if… -
Ford suspends F-150 Lightning production over EV battery issue
Ford Motor Company has suspended the production and shipping of its F-150 Lightning trucks over an electric vehicle battery issue it recently discovered. The company said it could take weeks to get back on track. Ford spokesperson Emma Bergg wouldn’t elaborate on the specific battery issue but told Straight Arrow News it was discovered during… -
Prices rise 0.5% in January as annual inflation barely slows
Monthly consumer prices rose 0.5% in January after ticking up 0.1% in December, according to the latest data from the Bureau of Labor Statistics. The annual rate of consumer inflation barely slowed to 6.4%, down from December’s 6.5%. The results were in line with economists’ expectations of a 0.5% rise for the month and close… -
Salesforce facing rare 5 activist investors after stock lost 48% in 2022
Salesforce and its co-founder and CEO Marc Benioff are facing pressure from five activist investors. The latest activist investor, Third Point’s Dan Loeb, recently called off his proxy fight with Disney. Starboard Value, ValueAct Capital, Inclusive Capital and Elliott Management round out the five. Elliott Management is believed to be the most active, with a… -
Home prices higher in 90% of metros. Here’s where buyers may find relief.
Home prices went up in 90% of metro markets across the U.S. in the last quarter of 2022 despite weakening demand, new data from the National Association of Realtors (NAR) shows. Compared to a year ago, the national median price of a single family home rose 4% to $378,700. The price increase is happening in… -
Where are they now? FTX and other Super Bowl ad-buying crypto companies
The NFL’s Super Bowl attracts hundreds of millions of viewers each and every year. It’s technically a football game but the commercials are their own main event. In 2022, it cost $6.5 million for 30 seconds between the action. Last year, the big game was dubbed the Crypto Bowl because of all of the ads… -
The IRS wants taxpayers from these states to hold off on filing tax returns
It’s tax season but the Internal Revenue Service warned last week that it’s not quite ready for some filings. The agency is asking millions of Americans to hold off on filing tax returns. The hiccup is over direct payments and rebates many states handed out, hoping to help its residents counter raging inflation. Annual consumer… -
These ETF funds let people trade stocks like members of Congress
It’s fairly well known that politicians regularly beat the market, making lucrative and sometimes strangely-timed stock trades that put a lot more in their pockets than their sub-$200,000 salaries. Now, anyone can trade like a member of Congress. Enter NANC and KRUZ, the tickers behind two exchange-traded funds that mimic moves made by Democrats and… -
AI search engine race is here: Google announces Bard, its ChatGPT rival
After classifying ChatGPT a “code red” for its search business, Google is now making its own AI-powered moves. On Monday, the company announced its own “experimental conversational AI service” called Bard. Google-parent Alphabet CEO Sundar Pichai said the company is opening up Bard to “trusted testers” before making it available to the public in the… -
NFL Super Bowl parties will be cheaper than 2022, still among priciest in history
A 2022 Wells Fargo report found that rising costs had increased the price tag of a Super Bowl watch party by as much as 14 percent. However, this time around, the data suggest some hope for NFL fans looking to tackle the effects of inflation. At-home food prices have risen by more than 11 percent over the… -
Stunning jobs report paves way for Fed’s soft landing, rebuffs recession talk
The January jobs report stunned Friday morning, showing the U.S. economy adding more than half a million jobs when economists expected fewer than 200,000. It was the strongest monthly job growth since July and snapped a 5-month slowdown. Meanwhile, the unemployment rate dropped to 3.4%, its lowest rate since May 1969 and down from December’s…