Economy

Economy
Economy

Is your 1982 penny worth $20,000? Probably not, here’s why

If you have been scrolling through TikTok or Facebook lately, you might have seen claims that a specific 1982 penny hiding in your pocket could be worth up to 25,000 dollars. While the idea of finding a fortune in loose change is an enticing dream, experts warn that for the vast majority of people, it

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Economy

Instagram vowed to crack down on Meta glasses creeps. A month later, it was easy to find dozens of the videos still up.

Instagram head Adam Mosseri recently made a public pledge to scrub the platform of harassing videos captured via Meta’s AI glasses, specifically targeting a rising trend of predatory pickup line reels. However, a month after that promise, the crackdown appears largely performative. Despite claims of aggressive moderation, dozens of these videos remain live and accessible,

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Economy

Powerball winner in Illinois, Florida: Results, numbers for Saturday, Aug. 15

The lottery world is still reeling from a massive windfall after a lucky shopper in Quincy, Illinois, claimed a staggering 1.04 billion dollar Powerball jackpot on Wednesday, August 12. The winning ticket was purchased at a Hy Vee store in western Illinois, turning an ordinary shopping trip into a life changing event. While the identity

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Economy

Waymo gets regulatory approval to scale up robotaxi service across California, enter 2 new markets

Waymo is preparing for a significant surge in growth across the West Coast after receiving critical regulatory clearance to expand its driverless ride hailing operations. The Alphabet owned company confirmed Friday that the California Public Utilities Commission has officially approved its application to scale up services in both the San Francisco Bay Area and Los

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Economy

Massive egg recall in US south and south-west due to salmonella outbreak

Federal health officials have escalated a massive egg recall to their highest risk level after a salmonella outbreak left nearly 100 people ill across 17 states. The FDA recently reclassified the recall of approximately 1.6 million dozen cage free eggs as Class I, a designation reserved for situations where there is a reasonable probability that

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Economy

Cyclospora spreads through human waste — so how did it get on food?

Public health officials and researchers are sounding the alarm over a massive nationwide outbreak of cyclospora, a parasite that has sickened more than 22,000 people and led to at least two deaths in Michigan. While the source of the illness often traces back to fresh produce, the actual origin is far more unsettling. Because cyclospora

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Economy

Inflation moderated as Intel and Nvidia fueled the AI trade in last week’s market

Wall Street found its footing last week as investors reacted with relief to new economic data showing that inflation is finally beginning to moderate. This cooling trend provided a much needed breath of air for markets that have spent months bracing for volatile price swings, signaling that the aggressive monetary tightening seen over the past

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Economy

Berkshire Hathaway boosted stake in Alphabet, homebuilders in the second quarter

Berkshire Hathaway has significantly ramped up its presence in both the technology and housing sectors during the second quarter, according to recent regulatory filings. Under the leadership of CEO Greg Abel, who stepped into the role at the beginning of the year, the conglomerate made a massive move into Alphabet. By adding roughly 48.1 million

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Economy

Berkshire adds $17 billion to Alphabet stake

Warren Buffett’s Berkshire Hathaway made a massive play for tech dominance in the second quarter, pouring an additional 17 billion dollars into Alphabet. The move was split between two different strategies, with roughly 10 billion dollars coming from a private placement deal conducted directly with the Google parent company and another 7 billion dollars acquired

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Economy

Disney CEO Josh D’Amaro Reports Parks Division Was a ‘Big Surprise’ Last Quarter

Disney CEO Josh D’Amaro expressed strong confidence in the direction of the Walt Disney Company during a recent conversation with CNBC at the D23 event. Now nearly six months into his tenure after succeeding Bob Iger, D’Amaro highlighted a positive trajectory for the company, pointing toward significant revenue and earnings growth. He noted that while

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