Business

LPETTET/Getty Images (NEW YORK) — The Powerball jackpot is now an estimated $875 million for Saturday’s drawing, after no winners took home the big payday on Wednesday night. The jackpot for Wednesday night’s drawing was $750 million — the game’s sixth-largest prize ever. The winning numbers were 23, 35, 45, 66 and 67, and the […]

(LOS ANGELES) — The Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) negotiating committee has voted unanimously to recommend a strike in a move that could incapacitate Hollywood productions. The major unions in Hollywood issued a joint statement Wednesday on their “unwavering support and solidarity” of SAG-AFTRA, including the Writers Guild of America, […]

Vittorio Zunino Celotto/Getty Images (NEW YORK) — The Walt Disney Company has announced that Bob Iger will remain CEO for two additional years, extending his contract through Dec. 31, 2026. The Walt Disney Company Board of Directors voted “unanimously” to extend Iger’s contract, seven months after he returned as CEO, the company said in a press […]

(LOS ANGELES) — The Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) is expected to strike at midnight PT if a deal between the union and studios isn’t agreed upon, a move that could incapacitate Hollywood productions. The major unions in Hollywood issued a joint statement Wednesday on their “unwavering support and solidarity” of […]

(NEW YORK) — Meet Madison! The 9-month-old has been named the 2023 Gerber “Spokesbaby” and winner of the baby food brand’s latest photo search contest, according to Gerber. In a press release, Gerber added that Maddie “fearlessly explores new foods.” Maddie’s parents say they’re excited to see Maddie grow up to be a kind, strong […]

LPETTET/Getty Images (NEW YORK) — The Powerball jackpot has grown to $750 million for Wednesday night’s drawing — the game’s sixth-largest prize ever. The top prize has a cash value of $378.8 million. The Powerball jackpot was last hit on April 19. There have been 35 consecutive drawings without a win since someone in Ohio […]

(SAN FRANCISCO) — The slew of closures of retail stores in San Francisco in recent months doubles as a roundup of well-known shopping brands: Whole Foods, Old Navy and Nordstrom, among others. Nearly half of the stores in the city’s downtown shopping district have closed since 2019, the San Francisco Standard found in May. In […]

(WASHINGTON) — Consumer prices rose 3% last month compared to a year ago, marking a significant slowdown and raising hopes that a prolonged bout of heightened inflation is nearing its end. The fresh data Wednesday morning from the Bureau of Labor Statistics arrives days after a government release indicated that hiring slowed last month but […]

(WASHINGTON) — Inflation data to be released on Wednesday will show whether the U.S. economy extended a monthslong cooldown of price increases in June, offering further relief for consumers and welcome news for the Federal Reserve as it weighs an additional interest rate hike. The fresh data arrives days after a government release indicated that […]

(NEW YORK) — Bank of America was ordered to pay more than $100 million to customers for double-charging accounts with insufficient funds, denying reward payments to credit card holders and using personal data to open accounts without a client’s knowledge, the Consumer Financial Protection Bureau said on Tuesday. The second-largest U.S. bank harmed hundreds of […]