Koch brothers–founded group is pushing Republicans to turn the page on Donald Trump
The late David Koch, who died in 2019, is shown during a speech by then–Fed Chairman Ben Bernanke at the Economic Club of New York seven years earlier. Bloomberg WASHINGTON — A group funded by billionaire Charles Koch will work to support a Republican presidential nominee other than Donald Trump, concluding in a strategy memo that “we need […]
Households Burn Through What’s Left of Their Pandemic Savings
The cushion of savings many built up during the pandemic is thinning out. In some households, it is already gone.Americans have spent down about 35% of the extra savings they accumulated during the pandemic as of mid-January, according to an estimate from Goldman Sachs. By the end of the year, the company forecasts that they […]
Gabbard, Kucinich aim to disrupt two-party voting system at Independent confab
Two former Democratic presidential candidates, Tulsi Gabbard of the 2020 race — and former longtime Ohio politician Dennis Kucinich, a 2004 and 2008 early contender for the White House — will headline the second-ever Independent National Convention (INC) this spring in Austin, Texas. It’s an event intentionally set during a non-election year because organizers argue […]
The next few days may reveal whether investors have been riding one big suckers rally, says this strategist.
Stock futures are pointing due south as caution grips investors following Friday’s monster jobs beat. While subject to revisions, that 517,000 surge in U.S. jobs may have shredded hopes among some that the Fed will be done with rate hikes sooner rather than later. “Half a million jobs, climb down off the wall, call the recession […]
‘The Last of Us’ in real life? Rising temperatures may spread fungal infections
One of the most suspenseful scenes in the HBO series “The Last of Us” comes in its pilot episode, when a scientist predicts that the end of the world won’t come from a viral pandemic, but rather, a fungal one. Smash cut to several decades later — on the show, that is — and a […]
‘The Last of Us’ boosts Spotify streams of Linda Ronstadt’s ‘Long Long Time’
Love will abide — and so does a ballad about unrequited love and longing when it’s given the perfect needle drop on one of the hottest shows of the season. A recent episode of HBO’s “The Last of Us,” an adaption of the hit Sony SONY, -0.71% PlayStation game following the survivors of a fungus-fueled […]
Lawrence Summers and IMF director both say odds of soft landing for U.S. are improving
““It looks more possible that we’ll have a soft landing than it did a few months ago.”” Those were the words of former Treasury Secretary Lawrence Summers on Sunday, offering hope that the U.S. economy can avoid recession, but warning that inflation is still far too high. In an interview on CNN’s “Fareed Zakaria GPS” […]
Grammys win gives Viola Davis EGOT status at last: ‘I just EGOT!’
“‘It has just been such a journey. I just EGOT!’ ” That was acting legend Viola Davis accepting her first Grammy Award on Sunday — in the audio book, narration and storytelling recording category — for narrating the audio versions of her 2022 memoir “Finding Me.” This Grammy was the final award that Davis, 57, needed to […]
What’s in the $60,000 Grammy gift bags that Beyonce, Taylor Swift can take home
Talk about swagger. It’s been a long-standing tradition for the nominated artists of awards shows like the Grammys to be treated to gifting suites with luxury goods and services. But the gift bag for the 65th Grammy Awards on Sunday night is so rich, that it’s literally a suitcase stuffed with more than $60,000 worth […]
Amazon cut 67,000 jobs in 2022, the first yearly decline in 20 years
Amazon.com Inc. had a pretty bad year in 2022, with the e-commerce and cloud giant recording its biggest loss ever, and with its stock suffering a yearly record loss. Its employees had a bad year, too: For the first time in 20 years, the company shrank its workforce. According to Amazon’s 2022 annual report, released […]