X confirms that video and audio calls are coming to X, as well as payments

X confirms that video and audio calls are coming to X, as well as payments. Elon Musk has made the decision to transform X (formerly known as Twitter) into an "everything app" that offers a range of functionalities. This includes integrating a payment hub processor within the microblogging

Writers and producers are nearing an agreement to end the ongoing WGA strike

Writers and producers are nearing an agreement to end the ongoing WGA strike, per CNBC. David Faber said: After face to face meeting today, writers and producers near agreement to end WGA strike. Met today and hope to finalize deal tomorrow, according to people close to the negotiations, who, while

The U.S. will again offer four free at-home Covid tests starting Monday

The U.S. will again offer four free at-home Covid tests starting Monday. Americans will soon be able to use COVIDtests.gov to request four free tests, the administration said in a release. The government had offered free test kits through that website since January 2022, but the site stopped

he Biden administration has announced will cancel nearly $37 million in student debt for over 1,200 students who attended the University of Phoenix

The Biden administration has announced will cancel nearly $37 million in student debt for over 1,200 students who attended the University of Phoenix. The Department of Education canceled $72 million in federal student loan debt in August for more than 2,300 borrowers who attended the for-profit Ashford University

Ukraine’s Zelensky to meet with William Ackman, the head of Pershing Square Capital; Ken Griffin, CEO Citadel; Jonathan Gray, CEO of Blackstone; and Eric Schmidt, the former CEO of Google, to raise money for Ukraine

Ukraine’s Zelensky to meet with William Ackman, the head of Pershing Square Capital; Ken Griffin, CEO Citadel; Jonathan Gray, CEO of Blackstone; and Eric Schmidt, the former CEO of Google, to raise money for Ukraine, per FOX. The meeting was put together by JPMorgan, the big bank serving as

Donald Trump Jr account hacked

Donald Trump Jr.’s account on the social media platform formerly known as Twitter appeared to be hacked early Wednesday. One post falsely stated that former President Donald Trump had died, according to screenshots. "I’m sad to announce, my father Donald Trump has passed away. I will be

Apple, $AAPL, and Goldman Sachs, $GS, have been planning the launch of a stock trading feature for Apple devices, with the launch on hold

Apple, $AAPL, and Goldman Sachs, $GS,  have been planning the launch of a stock trading feature for Apple devices, with the launch on hold The feature would have allowed users to buy and sell stocks directly from their iPhones, potentially rivaling existing trading apps such as Robinhood, $HOOD, and Cash

Microsoft, $MSFT, wanted to acquire Nintendo, per leaked emails seen by Forbes

Microsoft, $MSFT, wanted to acquire Nintendo, per leaked emails seen by Forbes. Additionally, a new version of the flagship Xbox Series X console, codenamed “Brooklin”, is set to release sometime in 2024 priced at $499. In an internal email chain in August 2020 between Microsoft's current chief marketing

62% of those with student loans say they are somewhat or highly likely to participate in boycotting student-loan payments

62% of those with student loans say they are somewhat or highly likely to participate in boycotting student-loan payments, per Bloomberg. About half of borrowers said the situation has become a national crisis, according to a poll released by Bankrate. A similar share said the federal government has not done

A recession will hit by the spring, and the S&P 500 will crash by 25% or more, per David Rosenberg

A recession will hit by the spring, and the S&P 500 will crash by 25% or more, David Rosenberg has said. Rosenberg highlighted the historical trend that the stock market tends to experience a 30% decline during a recession. He proposed that the S&P 500 might

US housing starts fall to lowest level since 2020 in worrying sign for the economy

US housing starts fall to lowest level since 2020 in worrying sign for the economy, per BI. US home sales are headed for the largest slowdown since 2011, per Fannie Mae. In the first half of this year, a mere 1% of all US homes underwent a change of ownership,

The stock market has entered its worst 10-day stretch of the year historically

The stock market has entered its worst 10-day stretch of the year historically, per CNBC. "The weak start to September does not bode well for the bullish seasonality scenario that we highlighted entering the month. The S&P 500 dropped 1.27% over the first 10 sessions of

US home sales are headed for the largest slowdown since 2011

US home sales are headed for the largest slowdown since 2011, per Fannie Mae. In the first half of this year, a mere 1% of all US homes underwent a change of ownership, marking the lowest proportion in at least ten years, as per data from Redfin. Merely around 14

90% of companies say they’ll return to the office by the end of 2024

90% of companies say they’ll return to the office by the end of 2024, per CNBC. A recent report by Deloitte has revealed that top executives within major financial institutions hold such a strong preference for remote work that a significant portion of them would consider resigning if compelled

The US Federal Reserve have paused and not hiked rates

The US Federal Reserve have paused and not hiked rates. Fed officials still see one more 0.25 rate hike increase in 2023, and expect to hold rates higher for longer in 2024, 2025 than in June projections Markets had fully priced in no move at this meeting, which kept

MGM, $MGM, is losing up to $8.4 million per day as cyberattack paralyzes slot machines, hotels for 8th straight day

MGM, $MGM, losing up to $8.4 million per day as cyberattack paralyzes slot machines, hotels for 8th straight day, per NYP. Avid Katz, an analyst specializing in the gaming industry at Jefferies Group, recently released an analysis suggesting that MGM could experience a downturn in the range of 10%

Royal Bank of Canada, the largest lender of mortgages in Canada, has said that 43% of its Canadian residential mortgages had an amortization period of longer than 25 years, as of July

Royal Bank of Canada, the largest lender of mortgages in Canada, has said that 43% of its Canadian residential mortgages had an amortization period of longer than 25 years, as of July. That’s up from 40% a year earlier, and just 26% in January 2022. Three prominent Canadian banks

45% of Grindr, $GRND, employees resigned after the company started enforcing a return-to-office mandate

45% of Grindr, $GRND, employees resigned after the company started enforcing a return-to-office mandate, per the LA Times. About 80 of the 178 employees at the LGBTQ+ dating app company resigned after the company in August mandated that workers return to work in person two days a week. “These decisions

SBF's father was unhappy with his salary at FTX US; he wanted FTX to pay him $1 million a year (not $200,000), so he got SBF’s mom involved

SBF's father was unhappy with his salary at FTX US. He wanted FTX to pay him $1 million a year (not $200,000), so he got SBF’s mom involved. He literally said: "Gee, Sam I don’t know what to say here … Putting [your mom] on

Janet Yellen has said she sees no signs that the US economy is in a downturn

Janet Yellen has said she sees no signs that the US economy is in a downturn, per CNBC. "There's absolutely no reason for a shutdown," she said. "Creating ... a situation that could cause a loss of momentum is something we don't need as

Total US Debt has hit $33 trillion, an all time high

Total US Debt has hit $33 trillion, an all time high. "The United States has hit a new milestone that no one will be proud of: our gross national debt just surpassed $33 trillion," said Maya MacGuineas, the president of the Committee for a Responsible Federal Budget. "

Donald Trump is skipping the second GOP debate to speak to striking autoworkers in Detroit

Donald Trump is skipping the second GOP debate to speak to striking autoworkers in Detroit, per CNBC. A campaign spokesperson has officially confirmed what was reported in The New York Times: Trump, the undisputed front-runner in the race for the 2024 Republican presidential nomination, intends to counterprogram against the second

Average rents in Manhattan in August were $5,552 a month, a record

Average rents in Manhattan in August were $5,552 a month, a record. In August, the average Manhattan rent just hit a new record of $5,500 a month. In over 20 years, the national average rent-to-income has reached its highest number ever at 30%. This means that out of

McDonald's, $MCD, is selling 50-cent double cheeseburgers for National Cheeseburger Day today

McDonald's, $MCD, is selling 50-cent double cheeseburgers for National Cheeseburger Day today. Wendy's, $WEN, is giving them out for a penny, per CNBC. “We know that serving orders quickly and accurately leads to increased customer satisfaction,” said Deepak Ajmani, US chief operations officer of Wendy’s

The Fed may do a policy U-turn and slash interest rates as soon as year-end, because a recession almost here, per JPMorgan

The Fed may do a policy U-turn and slash interest rates as soon as year-end, because a recession almost here, J.P. Morgan, $JPM, Asset Management's CIO has said. WSJ said: Central bank is likely to pause rate increases in September, then take a harder look at whether