Dua Lipa Sues Samsung for Using Her Image Without Permission
Pop star Dua Lipa has filed a lawsuit accusing Samsung of using her copyrighted image on TV packaging without authorization
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Stablecoins Poised to Transform Cross-Border Remittances
Overseas Filipino workers increasingly use stablecoins for remittances as blockchain technology offers faster, cheaper alternatives to traditional payment methods
U.S. Gas Prices Rise to $4.55 per Gallon After Iran Conflict Begins
U.S. gas prices have surged above $4.50 per gallon, significantly affecting consumer spending amid ongoing geopolitical tensions with Iran
U.S. Employers Added 115,000 Jobs in April, Surpassing Predictions
The U.S. labor market showed stronger-than-expected job growth in April with 115,000 jobs added, driven by health care and transportation sectors
FTC Chair Warns Mortgage Connect Over Noncompete Agreements
FTC Chairman Andrew Ferguson urges Mortgage Connect to review and possibly discontinue noncompete clauses after concerns surfaced in a lawsuit over restrictive employment contracts
Chip Stocks Drive U.S. Markets to New Record Highs
Strong gains in semiconductor stocks propelled U.S. stock indices to record closing levels amid renewed investor confidence
Bank of America Sees Fed Holding Rates Until Late 2027
Bank of America economists predict the Federal Reserve will delay interest rate cuts until the second half of 2027 amid persistent inflation and strong…
AI Drives Over a Quarter of April’s U.S. Job Cuts, Report Shows
Artificial intelligence accounted for 26% of April layoffs as companies shift spending, contributing to a 38% rise in overall job cuts
FTC and Institute to Host Financial Services Workshop in May
The Federal Trade Commission will co-host a public workshop with George Mason University’s Institute for Consumer Financial Choice focusing on recent financial services developments
Study Finds Automation Often Targets Higher-Wage Workers to Cut Costs
Research shows U.S. firms have used automation mainly to replace better-paid workers, significantly contributing to income inequality and limiting productivity gains