A prominent short seller claimed the popular video game platform Roblox is an “X-rated pedophile hellscape” and said the company is lying to investors about its numbers. Last week’s report from Hindenburg Research prompted a suicide prevention campaign to call on British regulators to do more to protect kids from harmful online content.  Hindenburg Research…

The Federal Trade Commission announced Wednesday, Oct. 16, its final “click-to-cancel” rule, targeting businesses that make it difficult for customers to cancel subscriptions and memberships. The rule requires retailers, streaming services, gyms and other subscription-based sellers to “make it as easy for consumers to cancel their enrollment as it was to sign up.” In March…

Cubans are fleeing their homes in record numbers, fueled by fears of shifting U.S. immigration policy and poverty caused by mass inflation, as reported on Saturday, Oct. 12. More than 1 million Cubans have reportedly left the nation since 2020, which is around a tenth of the island’s population. Additionally, many Cubans are resorting to…

Consumer price inflation cooled for the sixth straight month in September 2024, coming in at 2.4% annually. Monthly prices rose 0.2% from August, according to data released by the Bureau of Labor Statistics Thursday, Oct. 10. Core inflation, which removes more volatile food and energy prices, rose 3.3% annually and 0.3% compared to August. September’s…

Americans are starting to turn away from fast food, and that’s sending shockwaves in the industry, from the locations themselves all the way down the supply chain. One of the biggest suppliers in the nation, Lamb Weston, is feeling the pinch big-time. The company is the largest producer of french fries in North America, supplying…

Some Democratic lawmakers are demanding answers from corporations like General Mills, PepsiCo and Coca Cola. Lawmakers claimed the companies are exploiting customers with a phenomenon known as “shrinkflation,” which is the practice by big companies to reduce the size of a product but still charge the same price. Sen. Elizabeth Warren, D-Mass., and Rep. Madeleine…

Policies proposed by former President Donald Trump would add more than twice as much to the national debt as policies proposed by Vice President Kamala Harris, according to a bipartisan analysis by the Committee for a Responsible Federal Budget. The middle estimate for Harris’ plans is that they increase the debt by $3.5 trillion through 2035,…

Israel is entering its second year of war, marked by a year of turmoil overseas and friction in the U.S. regarding federal assistance to Israel following the Hamas terrorist attack on Oct. 7, 2023. Since that attack, the United States has provided $17.9 billion in military aid to Israel, the most the U.S. has ever…

Former President Donald Trump was in Wisconsin on Sunday, Oct. 6, underscoring how important the state is to winning the election. Trump won there in 2016. However, Joe Biden flipped it back to the Democrats column in 2020. Approximately 80% of Wisconsinites are white. So with Wisconsin viewed as a state that lacks diversity, both…

The next Federal Reserve rate decision may still be one month away, but traders are increasingly confident the Fed will cut by 25 basis points in November after seeing September’s jobs report. In new data out Friday, Oct. 4, the Bureau of Labor Statistics reported the U.S. economy added a surprise 254,000 jobs in September,…