Recent data from the Commerce Department’s Bureau of Economic Analysis presents a more optimistic picture of the U.S. economy than previous reports suggested. The third-quarter gross domestic product (GDP) grew at a revised annualized rate of 3.1%, an upward revision from the initially reported 2.8%. At the heart of this growth is robust consumer spending,
The global box office scenario for 2025 is garnering positive projections, with Gower Street Analytics forecasting an overall gain of approximately $33 billion. This forecast not only represents an 8% increase from an estimated $30.5 billion for 2024, but it also underscores a market poised for growth, albeit still lagging behind pre-pandemic figures. A closer
In a significant shift within the tech landscape, the troubled Chinese autonomous trucking company TuSimple has announced a bold rebranding as CreateAI, diverting its focus towards the burgeoning fields of video games and animation. This move comes at a time when the self-driving sector has begun to unravel, as seen by General Motors’ recent discontinuation
As 2024 unfolds, it emerges as a landmark year for Disney, heralding a significant comeback after a series of disappointing releases in the prior year. The studio has reclaimed its position at the box office, becoming the sole studio to surpass the monumental $2 billion mark in domestic earnings. This resurgence is underscored by three
As we approach 2025, the automotive industry is poised for a notable rebound, with new vehicle sales expected to reach levels unseen since 2019. Analysts from Cox Automotive project that sales for light-duty vehicles could peak at approximately 16.3 million units—a modest increase from this year’s estimates of around 15.9 to 16 million. Other industry
The midday trading session often provides insight into the economic pulse and investor sentiment across various sectors. Recent market trends highlight significant fluctuations among notable companies, driven by earnings reports, analyst upgrades, and broader economic signals. Here, we explore the key players making headlines in the stock market today, offering a prospective analysis of their
In the rapidly evolving landscape of healthcare technology, artificial intelligence (AI) continues to reshape the way medical professionals interact with their patients and manage clinical tasks. One notable development is the new partnership between healthcare AI startup Suki and Google Cloud, aimed at enhancing patient care capabilities beyond traditional clinical documentation. This collaboration invites scrutiny
In a move underscoring rising tensions between the United States and China, Congress is poised to vote on legislation that seeks to limit U.S. investments in China. This potential new law is part of a broader funding bill designed to support government operations through mid-March. As geopolitical dynamics shift, it is becoming increasingly crucial for
On Wednesday, the U.S. dollar remained relatively stable against major currencies such as the Japanese yen and the euro, as market participants scrutinized impending monetary policy announcements from the Federal Reserve (Fed), Bank of Japan (BOJ), and other central banks. The Fed’s potential 25-basis-point interest rate cut is highly anticipated, with market analysis suggesting a
In a significant move amid ongoing scrutiny of the food delivery industry, Grubhub has agreed to a $25 million settlement in response to a lawsuit initiated by the Federal Trade Commission (FTC) and the Illinois Attorney General, Kwame Raoul. This settlement arises from serious allegations regarding deceptive practices that purportedly impacted diners, delivery workers, and