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Bob Iger, Josh Kushner shockingly purchase Lakers months after Mark Walter became majority owner17:07 Media executives Bob Iger and Joshua Kushner have pulled off a stunner, purchasing the Los Angeles Lakers for a record price of over $12 billion Inflation cooled in July but remained elevated as Fed weighs rate hikes14:58 The Labor Department released the consumer price index (CPI) for July which showed that inflation cooled, even as the pace of price growth remained elevated. Bank of America unveils $250B initiative to modernize US infrastructure11:10 Bank of America is launching a $250 billion initiative to finance US data centers, energy, semiconductors, transportation and other critical infrastructure Meta, other companies must face thousands of lawsuits over child social media addiction, appeals court rules7:27 An appeals court ruled more than 3,000 lawsuits against Meta, Google, TikTok and Snapchat over addictive design claims targeting youth can proceed. Toyota recalls 655K Camrys globally over display defect that can knock out safety indicators5:52 Toyota recalled about 655,000 Camry vehicles globally over a display error that may deactivate turn signals and hazard lights. Cult-favorite pizza chain uses surprising method to recreate NYC flavor nationwide3:08 The New York City-born pizza brand is expanding nationwide by focusing on quality, consistency and recreating its signature New York flavor. Domino's unveils new pizza in latest menu addition23:25 Domino s is adding a new Detroit-style pizza made for one, giving customers their own customizable pizza with a choice of sauce and toppings. Major US airport getting new tech to prevent runway incidents22:21 The FAA deployed new surface movement radar at Newark Liberty International Airport, replacing 30-year-old technology to track aircraft in all weather. Trump warns new Hochul, Mamdani pied-à-terre tax could accelerate NYC wealth exodus22:21 President Donald Trump is weighing potential federal action over New York City’s luxury second-home surcharge as the policy faces a legal battle and scrutiny Fed’s Hammack says multiple rate hikes may be needed to tame inflation22:21 Beth Hammack says one rate hike won t suffice, arguing current Federal Reserve interest rates aren t meaningfully restricting the economy amid inflation. Federal budget deficit on track to surpass $2T this fiscal year as spending outpaces revenue17:32 The CBO s monthly update shows the federal budget deficit on track to hit $2.1 trillion as national debt interest costs surge 14% year over year. Nearly 50,000 Chrysler vehicles recalled over seat belt safety defect11.srpna The NHTSA recall covers 48,777 Dodge Hornet and Alfa Romeo Tonale vehicles over rear seat belt retractors that may twist and fail to restrain. Nearly 30,000 pounds of raw beef recalled over missed import inspection11.srpna Nearly 30,000 pounds of raw beef imported from Argentina were recalled after bypassing required reinspection one arriving in the U.S., officials said. Zoox CEO says autonomous vehicles need regulation after robotaxi drove into Las Vegas fire scene11.srpna Zoox CEO Aicha Evans told FOX Business the Amazon robotaxi needs regulation after a vehicle drove into heavy smoke at an emergency scene in in Las Vegas. |
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