IM Mastery Academy Leaders to Surrender Nearly $90 Million in FTC Settlement
The FTC and Nevada require IM Mastery Academy’s key defendants, including Chris and Isis Terry, to forfeit assets worth almost $90 million over deceptive…
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Shutterstock to Pay $35 Million Over Subscription and Cancellation Violations
Shutterstock will pay $35 million to settle FTC claims of deceptive subscription billing and difficult cancellation practices
U.S. Consumer Inflation Hits Highest Level Since May 2023 in April
Inflation rose to 3.8% annually in April, driven by soaring energy costs linked to the Iran war and pushing prices broadly higher across the…
CME Group to Launch Futures Market for AI Computing Power
CME Group and Silicon Data plan to create a futures market establishing pricing for AI computing power, marking a new financial asset class
Less Than Half of Young Americans Confident in 2025 Job Market, Poll Finds
A new Gallup poll reveals under half of Americans aged 15 to 34 view 2025 as a good year to find work, signaling youth…
US Inflation Rises in April, Surpassing Expectations
Consumer prices in the US increased more rapidly in April, reflecting persistent inflationary pressures ahead of upcoming economic data releases
Social Security COLA Could Rise Nearly 4% in 2027 Amid Inflation Surge
Forecasts predict a 3.9% Social Security cost-of-living adjustment next year, reflecting recent inflation increases that challenge beneficiaries’ purchasing power
JPMorgan’s Sanjay Jhamna Says Software Sector Shock Has Passed
JPMorgan's Sanjay Jhamna highlights strong private credit inflows and says recent AI model releases show software sector volatility has eased
Sally Beauty CEO Says Consumers Continue Buying Essential Beauty Products
Sally Beauty’s CEO says consumers prioritize key beauty items despite affordability concerns, with e-commerce trends supporting company growth
Media Mogul Ted Turner Dies, Leaving Lasting Legacy in Television and Conservation
Ted Turner, pioneering founder of CNN and influential conservationist, died May 6, 2026, reshaping media and environmental efforts worldwide