Supreme Court Rejects Challenge to CFPB Funding
The Supreme Court rejected a challenge on Thursday to the way the Consumer Financial Protection Bureau is funded, one that could have hobbled the bureau and advanced a central goal of the conservative legal movement: limiting the power of independent agencies. The vote was 7 to 2, with Justice Clarence Thomas writing the majority opinion. […]
EU Investigates Facebook and Instagram Over Addictive Effects on Children
European Union regulators on Thursday opened investigations into the American tech giant Meta for the potentially addictive effects Instagram and Facebook have on children, an action with far-reaching implications because it cuts to the core of how the company’s products are designed. Meta’s products may “exploit the weaknesses and inexperience of minors” to create behavioral […]
Truck Driver Is Killed in Episode at TSMC’s Arizona Semiconductor Plant
The driver of a waste disposal truck died on Wednesday, the police said, from injuries he received at the Phoenix campus of the chip giant Taiwan Semiconductor Manufacturing Company. The site is under construction. The truck driver, identified by the Phoenix Police Department as Cesar Anguiano-Guitron, 41, was a contractor. No TSMC employees or construction […]
Despite Inflation Concerns, Markets Keep Rising
Inflation euphoria goes global Stocks in Asia and parts of Europe rose on Thursday as investors bet that new data showing inflation easing would finally persuade central bankers to lower interest rates from multidecade highs. The rally has pushed stock indexes on both sides of the Atlantic into record territory. Another test comes on Thursday […]
‘Young Sheldon’ Is Set to End as It Finds a New Audience on Netflix
On Thursday, “Young Sheldon,” the successful CBS spinoff of “The Big Bang Theory,” will air its final episode, concluding a seven-year run. “Young Sheldon” never quite captured the same spot in the zeitgeist as its predecessor. But the series does have an unusual distinction: The overall run of the show mirrors the story of the […]
Vantage, Our Cruise Company, Went Bankrupt. We Are Out $17,905.
Dear Tripped Up, In September 2022, I booked a 17-day Arabian Sea cruise through Vantage Travel Services to celebrate my 80th birthday with my wife. The cruise was to set sail in October 2023. I used my credit card to leave a $2,000 deposit and paid the remaining $17,905 shortly afterward by bank transfer. I […]
Can Dogs Go Into NYC Restaurants?
Often, the pets make an understated entrance. “A lot of times, you won’t even see the dog” until you seat the owners, said Ally Gallegos, a former maître d’ at an upscale neighborhood restaurant in the West Village. “And you’re like, ‘Oh, God.’” What happens next is straightforward, at least in theory. The Americans With […]
Jewelers Turning to Artificial Intelligence for Online Advertising
Love it or hate it, artificial intelligence has become increasingly prevalent in our lives. Now, jewelers are exploring its marketing potential. Frankie Deane, senior vice president of growth for the British brand Monica Vinader, said A.I. was “another form of us utilizing technology to elevate our digital experience for consumers.” When it comes to providing […]
Inflation Moderated Slightly in April, Offering Some Relief for Consumers
Finally, some good news on inflation. The Consumer Price Index climbed 3.4 percent in April from a year earlier, down from 3.5 percent in March, the Labor Department said on Wednesday. The “core” index — which strips out volatile food and fuel prices in order to give a sense of the underlying trend — rose […]
S&P 500 Pushes Past Previous Record After Inflation Report
Wall Street is back in rally mode, with investors seizing on the latest sign that interest rates could begin to fall this year. The S&P 500 rose 1.2 percent on Wednesday, adding to three straight weeks of gains and climbing above its previous record, set on March 28. It marks a sharp shift from the […]