NCAA picks Massachusetts Gov. Charlie Baker as next president
Charlie Baker brings a public policy background to the NCAA, which has faced recent legal and regulatory battles.
Roblox closes down more than 15% after November update shows slowing growth
Shares of Roblox are off by more than 70% year to date as weak ad spending and the strength of the U.S. dollar weighed on the company’s revenue.
Jim Jordan previews House Republican approach to Big Tech, demanding info on alleged ‘collusion’ with Biden administration
Jordan is the ranking member on the House Judiciary Committee and expected to lead the panel next year when Republicans take the majority in the chamber.
Retail sales fell 0.6% in November as consumers feel the pressure from inflation
Consumers pulled back on spending in November, failing to keep up with even a muted level of inflation.
Share of Americans living paycheck to paycheck rises to 63% — here’s how to get your finances back on track
The high cost of living is straining household budgets across the board. These moves can keep your budget in check heading into the new year.
U.S. hospitals report rise in severe strep A infections in kids after 15 deaths in U.K.
The CDC said it is hearing anecdotes about a possible increase in invasive group A strep infections. Four children’s hospitals are seeing more cases than usual.
10-year Treasury yield falls as economic recession fears grow
Markets digested the Federal Reserve’s 50 basis point rate hike, and a disappointing November retail sales report.
Elon Musk sells another huge chunk of Tesla shares
The transactions took place between Monday and Wednesday this week according to the filings with the Securities and Exchange Commission.
Satellite imagery venture Planet delivers record quarter, sees annual revenue nearing $200 million
Planet delivered record results for the third quarter and forecast nearly $200 million in annual revenue.
Tech industry group sues to block California law designed to protect kids online over free speech concerns
The group that sued Texas and Florida over social media laws that seek to restrict the tech industry’s liability shield for content is going after California.
