U.S. inflation ticked down again last month, with cheaper gas helping further lighten the weight of consumer price increases in the United States. At the same time, the latest data on consumer inflation showed that prices in some areas — services such as restaurants, used cars and auto insurance —… Read More
Jon Rahm is leaving the PGA after this big shakeup
Jon Rahm has been saying that he plays golf for history and for legacy, not for money. Since then, LIV Gold has offered him an amount of money that’s shaken professional sports. Now, Rahm will be playing for the Saudi-funded LIV Golf League in a shocking departure from the PGA… Read More
Top Dem congressman is sued for $180,000 in unpaid rent
Democrat Rep. Dan Goldman represents a congressional district encompassing Wall Street. He’s heir to the Levi Strauss & Co. fortune, and according to one review of disclosure forms, he boasts a net worth between $64 million and $253 million. Now, Goldman is on the hook for $180,000 in unpaid rent,… Read More
Big changes to Facebook Messenger coming Thursday
Meta is rolling out end-to-end encryption for calls and messages across its Facebook and Messenger platforms, the company announced Thursday. Such encryption means that no one other than the sender and the recipient — not even Meta — can decipher people’s messages. Encrypted chats, first introduced as an optional feature… Read More
CVS introduces big changes to prescription drug pricing
CVS Health is introducing changes to how its prescription drug pricing model works, and that could lead to some savings for customers starting next year. The health care giant said Tuesday that it will role out a new reimbursement model designed to make costs more predictable at the drugstore counter…. Read More
$60 million Ohio nuclear power bribery scheme?
Ohio’s former top utility regulator surrendered Monday in connection with a $60 million bribery scheme related to a legislative bailout for two Ohio nuclear power plants that has already resulted in a 20-year prison sentence for a former state House speaker. Sam Randazzo, former chair of the Public Utilities Commission… Read More
Biden banking bombshell rolls investigation
“On the Holmes Front,” with Frank Holmes If you think Joe Biden’s family is corrupt, you’re not alone. Bank investigators warned about that conclusion years ago, newly released documents show. An independent investigator flagged at least one of the many payments Communist China made to President Joe Biden through his… Read More
Fed chair Jerome Powell hints at the future of interest rates Friday
Inflation is slowing steadily, but it’s too early to declare victory or to discuss when the Federal Reserve might cut interest rates, Chair Jerome Powell said in prepared remarks Friday. Speaking at Spelman College in Atlanta, Powell noted that consumer prices, excluding volatile food and energy costs, rose at just… Read More
NASCAR to include streaming in new 7-year media rights deal
NASCAR has added two new partners and streaming elements to a seven-year media rights deal announced Wednesday that will run from 2025 through the 2031 season. The new media rights deal is worth $7.7 billion when the previously announced $1.1 billion agreement with CW is included, according to Sports Business… Read More
Elon Musk swears at advertisers who don’t want to use his service
Billionaire Elon Musk said Wednesday that advertisers who have halted spending on his social media platform X in response to antisemitic and other hateful material are engaging in “blackmail” and, using a profanity, essentially told them to go away. “Don’t advertise,” Musk said. He appeared to specifically call out Walt… Read More
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