10-year Treasury yield
Stocks hold firm as US inflation data keep rate cut hopes alive
Global stocks held steady and government bond yields retreated a touch on Wednesday after data showed U.S. consumer prices rose moderately in July.
actors' union
Hollywood union strikes deal for advertisers to replicate actors’ voices with AI
SAG-AFTRA announced a deal with online talent marketplace Narrativ that enables actors to sell advertisers rights to replicate their voices with artificial intelligence.
Biden Administration
U.S. Inflation Hits 2.9% In July, Opening Possibility For Fed To Start Cutting Rates
U.S. inflation rose 2.9% in July versus a year ago, which fell below expectations in a result that likely paves the way for the Federal Reserve to finally begin cutting interest rates next month.
10 Freeway
Pro-Palestine Protesters Shut Down 405 Freeway In Los Angeles, 8 Arrested
Pro-Palestine protesters blocked part of the 405 Freeway in Los Angeles on Tuesday morning.
10 Freeway
Pro-Palestinian Protesters Shut Down 405 Freeway In Los Angeles, 8 Arrested
Pro-Palestine protesters blocked part of the 405 Freeway in Los Angeles during Tuesday morning.
Artur Davis
WNBA Champion Dearica Hamby Sues Las Vegas Aces, League For Discrimination Over Pregnancy
WNBA player Dearica Hamby sued her former team in federal court on Monday, alleging the Las Vegas Aces discriminated against her after she revealed that she was pregnant.
$500 million cost savings
Paramount To Layoff 15% Of U.S. Workforce
Paramount Global has announced that they will be cutting 15% of its workforce in the states.
ABC News
Possible ‘Conflict Of Interest’ In First Presidential Debate Hosted By ABC News
The first debate between 2024 presidential candidates Kamala Harris and Donald Trump appears to have a conflict of interest within the hosting network, ABC News.
activist investors
Starbucks Replaces Its CEO With Chipotle CEO After Year Of Low Sales: ‘Management Shakeup’
The coffee giant Starbucks is replacing its CEO with the former head of Chipotle to be in charge of the Seattle-based coffee chain, with hopes of reviving sales and appeal to outside investors.
$45 million
UAW Files Labor Charges Against Trump And Musk Alleging Worker Threats
The United Auto Workers (UAW) has filed federal labor charges against former President Donald Trump and Elon Musk alleging they attempted to “intimidate and threaten” workers during their interview.