Investments and Business

In the shadow of the Eiffel Tower, amid the ongoing Paris 2024 Olympic Games, a distinct absence is felt. Russia, barred from participating as a nation due to its ongoing conflict in Ukraine, has adopted a decidedly antagonistic stance toward the event. Since the conflict in Ukraine began in early 2022, Russian competitors have faced restrictions, being able to participate only as neutral athletes without national symbols. This year, only 15 athletes represent Russia under these strict conditions. State-affiliated Russian media began highlighting every possible flaw in the games, from minor complaints about meals in the Olympic Village to major…

Disney is set to raise subscription fees for its streaming platforms, including Disney+, Hulu and ESPN+, starting in mid-October. The company announced Tuesday that most plans for these services will see a $1-2 per month price increase. The biggest increase will be Hulu’s live TV packages, which will increase by $6 per month. For Disney+, the basic plan will now cost $9.99 per month, while the premium plan will be priced at $15.99. Hulu’s ad-supported plan will cost $9.99 per month, and the ad-free version will cost $18.99. ESPN+, which includes ads, will be priced at $11.99 per month. These…

As Team USA continues to deliver impressive results at the Summer Olympics, Anthony Edwards celebrated his 23rd birthday on August 5. After an outstanding playoff season in which he averaged 26.7 points per game and led the Timberwolves to the Western Conference Finals, “Ant-Man” continued his elite form on the international stage, leading Team USA with 16.7 points per game. To celebrate his accomplishments, FOX Sports Research has compiled a list of the most notable moments from Edwards’ four seasons in the NBA. Here are some highlights: Anthony Edwards' Top Five Career Moments 1. 51 points, a career high, against…

Unemployment rates among white, black and Hispanic women rose in June, in line with broader economic trends, according to data released Friday by the Labor Department. White adult women saw a slight increase in unemployment, from 3.0% in May to 3.1% in June. Black women saw their unemployment rate increase from 5.2% to 5.7%, while Hispanic women saw an increase from 4.1% to 4.5%. Overall, the national unemployment rate rose to 4.1%, from 4.0% last month. In contrast, unemployment rates for men in all three racial groups declined. The rate for white men fell to 3.2 percent from 3.4 percent,…

Microsoft has responded forcefully to Delta Airlines’ allegations following a significant IT outage, saying the airline repeatedly rejected its offers of assistance. Microsoft responded to Delta’s claims Tuesday after the airline announced its intention to seek damages from Microsoft and CrowdStrike over thousands of flight cancellations caused by a major IT outage. The incident, which began July 19, stemmed from a failed CrowdStrike software update that affected millions of Microsoft Windows systems, resulting in losses for Delta of about $500 million, according to CEO Ed Bastian. Bastian stressed that Delta, known for its punctuality and premium services, had “no choice”…

With just four weeks to go in the NASCAR Cup Series regular season, the action on the track will be intense as drivers battle for a spot in the playoffs. Cup drivers will travel to Richmond, Mich., Daytona and Darlington before the 16-driver playoff field is determined. Twelve drivers have secured at least one win this year (Austin Cindric, Kyle Larson, Brad Keselowski, Chase Elliott, Denny Hamlin, Ryan Blaney, Christopher Bell, Joey Logano, William Byron, Tyler Reddick, Alex Bowman and Daniel Suarez), leaving four spots up for grabs. In addition to the main focus on who will make the playoffs,…

Federal Reserve Chairman Jerome Powell on Tuesday expressed concern about the potential negative effects of keeping interest rates high for an extended period, warning that such a strategy could threaten economic growth. Speaking at a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, D.C., Powell set the stage for his two-day appearance on Capitol Hill this week. Despite a recent economic slowdown, Powell noted that the overall economy and labor market remain strong. He also highlighted some progress in reducing inflation, emphasizing the Federal Reserve’s commitment to hitting its 2% inflation target. "Given the progress we have made…

KEY WEST, FLORIDA — Throughout modern history, parents have only had one choice when it comes to disposable diapers: plastic. Single-use products, typically made from fossil fuels like petroleum, can take hundreds of years to decompose, making them the third largest consumer item in U.S. landfills, according to the Environmental Protection Agency. Additionally, they are not as breathable as other materials, potentially making accidents like diaper rash more common. However, plastic diapers from big brands like Pampers, owned by Procter & Gamble, and Huggies, owned by Kimberly-Clark, continue to dominate the market. Amrita Saigal, founder and CEO of Kudos, is…

The stock market is seeing significant fluctuations today, with several major companies experiencing notable mid-day moves. Major players making headlines include Robinhood, Nvidia, Intel, and a few other major stocks. Here’s a closer look at what’s driving these changes: Robin Hood: The trading platform's shares are on the move following recent announcements that have impacted its user engagement and financial outlook. Nvidia:The tech giant is seeing activity as investors react to the latest developments in artificial intelligence technology and demand for semiconductors. Intel:The semiconductor manufacturer is experiencing fluctuations in its stock price due to new product launches and competition in…

Jenna Ellis, a former campaign lawyer for President Donald Trump, has reached an agreement to assist Arizona prosecutors in their criminal cases against individuals accused of attempting to overturn the results of the 2020 presidential election, according to Arizona Attorney General Kris Mayes. In exchange for Ellis’s cooperation, prosecutors dropped nine felony charges against her, including wire fraud, forgery and conspiracy. The deal is intended to strengthen the case against the 17 remaining defendants. “This settlement marks an important milestone in our ongoing investigation,” Mayes said in a statement. “I appreciate Ms. Ellis’ willingness to assist in our prosecution efforts.”…