Business
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Funeral home prices are fractured. Here’s how the FTC could fix the problem – and why we fear it won’t be enough
Funeral home prices are fractured. Here’s how the FTC could fix the problem – and why we fear it won’t be enough
It’s been over four years since my father died and I was forced to google “how to plan a funeral”. Unlike every other purchase I can remember, there was no information online. How much can a funeral cost? Which traditions are important? What options do I have? I couldn’t research decisions before entering a funeral home, where instead I had…
Nokia redesigns the logo so people don’t think it makes phones anymore
Nokia redesigns the logo so people don’t think it makes phones anymore
Finnish 5G device maker Nokia Oyj has redesigned its logo to prevent people from associating it with mobile phones – a company it left almost a decade ago. The brand makeover announced on Sunday comes with a number of new strategic pillars designed to enable faster growth as the world increasingly adopts fifth-generation mobile technologies. “We’re still a successful mobile…
China rally is fading amid investors mistrusting Xi’s power
China rally is fading amid investors mistrusting Xi’s power
After spurring a years-long exodus of foreign investors from Chinese markets, President Xi Jinping appeared to have cracked the formula to revitalize its economy and lure back global funds. China’s very public departure from Covid Zero late last year was accompanied by a speech by Xi in which he reassured senior officials on the importance of attracting and holding foreign…
Cocaine Bear scales up Ant-Man and tops the box office after raging on social media
Cocaine Bear scales up Ant-Man and tops the box office after raging on social media
The R-rated gonzo horror comedy Cocaine Bear sniffed at $23.1 million in its opening weekend, according to the studio’s Sunday estimate, while Marvel’s Ant-Man and the Wasp: Quantumania shrank at an unusually fast pace in its second weekend. Quantumania was still #1 with an estimated $32.2 million in box office sales in US and Canadian theaters. But the Ant-Man sequel,…
Elon Musk is laying off more Twitter employees, including loyalists
Elon Musk is laying off more Twitter employees, including loyalists
Twitter carried out an unexpected round of layoffs this weekend as the company grapples with falling revenue and aggressive cost-cutting under CEO Elon Musk. The information first reported on the layoffs, saying the company laid off at least 50 employees in various departments on Saturday, including engineers who help keep the social network running. The firings also included “hardcore musky…
NFT marketplace Blur overtakes OpenSea
NFT marketplace Blur overtakes OpenSea
Since the boom of NFTs in 2021, OpenSea has been the leading marketplace for developers and traders. Now, a new rival, Blur.io, is challenging the company’s dominance, and in the process has caused excitement during an ongoing bear market for crypto and NFTs. But can the excitement last? After raising $11 million in a seed round led by venture capital…
Stock market believers are still saying the economy will accelerate
Stock market believers are still saying the economy will accelerate
Stock market believers are looking past their toughest spell in months for US stocks, clinging to bets of a rally in the second half of the year once the Federal Reserve ends rate hikes. The S&P 500 Index has had its worst week since December 9 as hotter-than-expected inflation data fueled speculation that the Fed will hike borrowing costs several…
Tribes are pushing beyond casinos after the ‘eye-opener’ of the pandemic
Tribes are pushing beyond casinos after the ‘eye-opener’ of the pandemic
When the COVID-19 pandemic closed Connecticut’s Foxwoods Resort Casino for three months in 2020, its owners, the Mashantucket Pequot Tribal Nation, had to reckon with decades of having relied heavily on gambling as the tribe’s primary source of income. “The fact that casino revenue went from millions to zero overnight has once again highlighted the need for multiple revenue streams,”…
COVID Lab Leak Theory Receives Boost as Department of Energy Joins FBI and Gets Closer: WSJ
COVID Lab Leak Theory Receives Boost as Department of Energy Joins FBI and Gets Closer: WSJ
The theory that the origins of the COVID-19 pandemic can be traced back to a laboratory leak in China received support, according to the Wall Street Journal. In an article published Sunday, the WSJ writes that the US Department of Energy recently updated its assessment of the origins of the novel coronavirus behind the pandemic: while the department previously said…
Is $1 million enough for retirement? Experts say it’s not
Is $1 million enough for retirement? Experts say it’s not
There are few guarantees in retirement. But it’s likely you’ll need more money than you have right now, say financial advisors. Of course, how much you actually need depends on myriad factors: where you live, your fixed expenses, the type of lifestyle you want to lead, your age, medical expenses, whether you support someone else, how much your spouse has…