The Horn News

Proudly American, Fiercely Independent

TV screenwriters go on strike, with echoes of 2007

Television and movie writers declared late Monday that they will launch a strike for the first time in 15 years, as Hollywood girded for a walkout with potentially widespread ramifications in a fight over fair pay in the streaming era. The Writers Guild of America said that its 11,500 unionized… Read More

Fed set to unveil another rate hike Wednesday

The Federal Reserve is on track to raise its benchmark interest rate for the 10th time on Wednesday, the latest step in its yearlong effort to curb inflation with the fastest pace of hikes in four decades. Yet economists and Wall Street traders will be more interested in what the… Read More

First Republic Bank seized in second-largest bank failure

Regulators seized troubled First Republic Bank early Monday and sold all of its deposits and most of its assets to JPMorgan Chase Bank in a bid to head off further banking turmoil in the U.S. San Francisco-based First Republic is the third midsize bank to fail in two months. It… Read More

‘Pure vomit’: Actor wins $1M in spat over ‘B movie’

Eva Green was awarded $1 million Friday by a British court in a sensational dispute over the collapse of a film project she feared was destined to become a “B movie” that could ruin her career. The film in question was a sci-fi thriller but the case played out in… Read More

Europe narrowly avoids recession in Q1

The European economy scraped out meager growth in the first three months of the year, barely gaining momentum as stubborn inflation raises the price of groceries and erodes people’s willingness to spend paychecks that are failing to keep pace. Friday’s less-than-stellar increase of 0.1% from the previous quarter follows disappointing… Read More

Tucker Carlson’s replacement is..?

The shocking departure of Tucker Carlson — the highest rated cable news star on television at the time — has left a huge question mark at Fox News. In the wake of Carlson’s firing, ratings at Fox News for his timeslot have collapsed. Sponsored: Disturbing Plan to “TURN OFF” Your… Read More

What to know about Monday’s Met gala

Last year, it took 275,000 bright pink roses to adorn the Metropolitan Museum of Art for the Met Gala, the biggest night in fashion and one of the biggest concentrations of star power anywhere. It remains to be seen how the museum’s Great Hall will be decorated come the first… Read More

Facebook parent Meta sees surprising bounceback

Facebook parent company Meta’s first-quarter results surpassed Wall Street’s modest expectations on both profit and revenue, sending its stock soaring in after-hours trading. Meta reported that the monthly user base of its flagship platform — Facebook — inched close to 3 billion, and its revenue guidance for the current quarter… Read More

US economy grew only at a 1.1% rate in Q1, in sign of slowdown

The U.S. economy slowed sharply from January through March, decelerating to just a 1.1% annual pace as higher interest rates hammered the housing market and businesses reduced inventories. Thursday’s estimate from the Commerce Department showed that the nation’s gross domestic product — the broadest gauge of economic output — weakened… Read More