Gucci's anticipated 20% sales drop in the first quarter of 2024, attributed to an Asia slowdown, prompts parent company Kering to revamp management and introduce new collections.
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Elon Musk Backs Nvidia as Tesla, xAI Invest Big in Hardware for Rival AI Development
Elon Musk's companies, including Tesla and xAI, heavily rely on Nvidia's technology for AI development.
IRS Launches Crackdown on High-Income Earners for Tax Evasion—Are You Included?
The IRS is intensifying efforts to combat tax evasion among high-income earners, focusing on those reporting over $1 million in annual income and $250,000 or more in tax debt. Here's how to know if you're one of them.
U.S. Sees A Strong Job Market As Application to Unemployment Benefits Drops
The latest report from the Labor Department indicates a slight decrease in Americans filing for unemployment benefits, reinforcing the strength of the current labor market and the notable job security for most workers.
Planet Fitness Stock Price Takes Hit as Boycott Gains Momentum over Controversial Transgender Locker Room Policy
Planet Fitness faces stock plunge amid transgender locker room policy controversy after Alaska incident. Critics call for a boycott, accusing prioritization of political correctness. Company defends policy.
Latest News
The Biden administration's additional $6 billion in student debt forgiveness for over 78,000 public service workers brings the total amount of public service loan forgiveness for nearly 871,000 borrowers since Joe Biden took office to $62.5 billion.
Starbucks is being sued by a group from California who believe that the well-known coffee shop discriminates against its lactose-intolerant customers.
A White House study estimated that around 10% of American workers are in jobs that face the threat of disruption from the fast-evolving artificial intelligence (AI).
A Florida special needs non-profit went bankrupt, losing hundreds of families' trust fund worth more than $100 million intended for their disabled children.
The Los Angeles Dodgers fired Ippei Mizuhara, the long-time interpreter of its superstar Shohei Ohtani, following allegations of theft tied to illegal gambling.
Elon Musk's brain implant company, Neuralink, revealed its first human patient, Noland Arbaugh, a 29-year-old quadriplegic, during a livestream on Wednesday.
The UK's Open University found that X (previously Twitter) had a greater prevalence of harassment and threats against women and girls than other social media sites.
The FCC is investigating Amazon and other online retailers for selling and promoting illegal jamming equipment.
Asian markets are poised for further gains after US markets' positive reaction to the Federal Reserve's signal that interest rates could be slashed by 75 basis points this year.
