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Average Gas Price Hits $3.61 per Gallon and Will Keep Rising Despite Inflation Ease
Gasoline prices surged in April, driving up consumer prices, while overall inflation eased; the national average for gas stood at $3.61 per gallon on Wednesday, down $0.02 from the previous month but up by over $0.40 since the start of the year.
Meta Takes Down Workplace App for Businesses to Focus on AI and Metaverse
Meta has decided to shut down its Workplace app to focus on AI and metaverse technologies. This move aligns with CEO Mark Zuckerberg's push for long-term investor patience amidst stock declines triggered by increased AI investment and slower sales growth.
Amazon to Show Ads on Prime Video, Aiming For $3 Billion in Ad Revenue
Amazon is expanding its advertising strategy by introducing ads on its Prime Video streaming service. The company aims to generate $3 billion in revenue and compete with traditional media giants.
Putin Seeks Stronger Energy, Military, and Trade Deals With China as US Sanctions Hit Russian Economy
Russian President Vladimir Putin's upcoming visit to China aims to strengthen bilateral ties. Three key objectives on his agenda are securing a deal for the Power of Siberia 2 pipeline, increasing Chinese support for the conflict in Ukraine, and accessing Chinese financial markets.