Credit card debt is on the rise. Americans now owe a record $1.14 trillion on their credit cards, the Federal Reserve Bank of New York reported Tuesday. The average balance per consumer stands at $6,329, up 4.8% year over…
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After years of starts and stops at the box office, Disney appears to have hit a groove in 2024. Its latest Pixar film, “Inside Out 2,” is now the highest-grossing animated film of all time, topping $1.5 billion at…
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Delta Air Lines on Thursday said last month’s CrowdStrike outage and subsequent mass flight cancellations cost it some $550 million and reiterated that it is pursuing legal claims against the company as well as Microsoft. The financial impact includes a $380…
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Business
Amazon’s $4 billion investment in AI firm Anthropic faces U.K. merger investigation
by adminLONDON — E-commerce giant Amazon’s multibillion-dollar investment in the U.S. artificial intelligence firm Anthropic is formally being investigated by a U.K. competition regulator. The Competition and Markets Authority said Thursday that it has begun a “Phase 1” investigation…
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World News
Russia says it halted a Ukrainian incursion into its territory. Evidence suggests it hasn’t
by adminRussia claims to have halted a Ukrainian incursion into its territory on Thursday, although latest evidence from the ground suggests fighting continues in the Kursk region. The Russian Ministry of Defense said units of the…
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World News
Kenyan youth call for ‘mother of all protests’ as president swears in new cabinet
by adminYoung protesters in Kenya returned to the capital’s streets for an eighth week of demonstrations on Thursday as President William Ruto swore in a new cabinet. Police fired tear gas at protesters in Nairobi city…
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World News
July ends 13-month streak of global heat records as El Nino ebbs, but experts warn against relief
by adminEarth’s string of 13 straight months with a new average heat record came to an end this past July as the natural El Nino climate pattern ebbed, the European climate agency Copernicus announced Wednesday. But July 2024’s average heat just…
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Kyiv needed a win, but not a gamble. Ukraine’s decision to launch a large amount of its scant military resources across the border into Russia – in pursuit of headlines but, thus far, an unclear…
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World News
A columnist wrote Gaza made him feel the urge to stab ‘every Jew’ he meets. His publisher says it’s ‘bored’ by the backlash
by adminA Belgian publisher has apologized but refuses to take down a column that has been accused of inciting antisemitic hatred. In the column, a writer lamented the humanitarian suffering of Palestinians in Gaza and said…
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World News
Iran mulls scrapping plans to take revenge on Israel in exchange for a Gaza ceasefire
by adminThe Middle East, and indeed much of the world, is bracing for Iran to carry out a revenge attack on Israel over the assassination of Hamas’ political leader. But could Tehran instead be prepared to…
