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Warner Bros. Discovery Inc. CEO David Zaslav earned $49.7 million in 2023.Zaslav’s compensation increased despite actors’ and writers’ strikes, topping his 2022 earnings.Warner Bros. reported losses for the year despite Zaslav’s increased compensation. In a year when thousands of writers and actors were fighting for…
What Happened: Shares of leading designer of graphics chips Nvidia (NASDAQ:) fell 10% in the afternoon session after major indices declined with the Nasdaq down 2.1% while the S&P 500 fell by 0.9%. Netflix (NASDAQ:) reported mixed results to kick off the new earnings season. The video-streaming giant provided underwhelming…
By Tom Polansek CHICAGO (Reuters) – The U.S. Department of Agriculture said this week that cow-to-cow transmission is a factor in the spread of bird flu in dairy herds, but it still does not know exactly how the virus is being moved around. Farmers and veterinarians have been waiting for…
Not even a beer at the movies is spared from shrinkflation, alleges a lawsuit against Cinemark. And one man is spearheading the fight against what he considers false advertising on his beer pour. The proposed class-action suit, filed this week in a Texas federal court, claims that the theater chain’s…
Upcoming Bitcoin halving may lead to mining power centralization and innovation as miners adapt to new profitability challenges. The post This Bitcoin halving could lead to greater mining power centralization: Bitfinex analyst appeared first on Crypto Briefing. Halving pressures Bitcoin miners to seek efficiency and innovation. This Bitcoin halving could…
The largest and final cohort of the baby boom generation — 30.4 million Americans — will turn 65 by 2030.And more than half of that group will rely primarily on Social Security for income, according to new research from the Alliance for Lifetime Income.When to claim Social Security retirement benefits…
By David Lawder and Andrea Shalal (Reuters) -The International Monetary Fund’s steering…
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By Leika Kihara WASHINGTON (Reuters) -Bank of Japan Governor Kazuo Ueda said…
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President Joe Biden spent three days this week campaigning in the critical…
POLITICS
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Democrats are building a significant financial edge in the battle for the US House of Representatives, outraising their GOP counterparts and placing big fall ad reservations as Republicans grapple with the fallout of ongoing leadership battles. House Democrats’ official campaign committee, the Democratic Congressional Campaign Committee, announced this week that it hauled in a record-breaking $45.4 million during the first quarter of the year, outraising its Republican counterpart, the National Republican Congressional Committee, which brought in $33.4 million over the same period. The DCCC also touted a war chest of $71.1 million, while the NRCC said it had about $55.9 million in cash on…
Johnson speaks out after Democrats vote with him on foreign aid bill House Speaker Mike Johnson speaks to reporters after a bipartisan group of lawmakers voted to advance a bill…
The Biden administration has secured an agreement with a major UN agency to distribute aid from the pier the US military is constructing off the coast of Gaza, two senior US officials…
The US Treasury Department on Friday imposed sanctions on two organizations on Friday for fundraising on behalf of two violent Israeli extremists in the West Bank. The two groups –…
Markets
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Investing.com– The S&P 500 closed below the 5,000 level Friday, rounding off the week with its sixth-straight daily loss as a…
Finance
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A Florida man set himself on fire Friday outside of the New York courthouse where a jury was being picked for the criminal hush money trial…
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(Reuters) – Some 1,804 depository institutions tapped the emergency lending facility set…
Investing
Week in Review Asian equities were mixed but mostly lower this week though the Shanghai Composite managed a gain of +1.52% while the Hang Seng lost -3%. It was a big week for economic releases as China announced Q1 GDP growth above 5%, beating most estimates, while retail sales increased…
Economy
By Rodrigo Campos (Reuters) – Stronger macroeconomic policy is partly behind the…
Fintech
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning…
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