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Monthly Archive for: "June, 2023"
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 Apple closes above $3T in a first
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By Janice Thompson
In Apple, Brand, Business Deal
Posted June 30, 2023

Apple closes above $3T in a first

Apple on Friday became the first company with a market value that closed above $3 trillion. The tech giant previously grazed the milestone during intraday trading in January 2022, but then closed [...]

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 ESPN lays off some 20 on-air stars
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By Adam Lee
In Sports
Posted June 30, 2023

ESPN lays off some 20 on-air stars

Disney-owned ESPN has made deep cuts to its on-air roster, laying off roughly 20 hosts and analysts, as the entertainment giant keeps trimming costs. Among those involved in the staff reduction [...]

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 Inflation gauge shows surprise drop
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By Adam Lee
In Business, Economy, Inflation
Posted June 30, 2023

Inflation gauge shows surprise drop

A key measure of inflation dropped unexpectedly in May, suggesting successive interest-rate increases by the Federal Reserve are working to slow the rapid rise in consumer prices since last year. [...]

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 Fourth of July gas prices drop
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By Janice Thompson
In  Budget, Transportation, Travel
Posted June 30, 2023

Fourth of July gas prices drop

Your Fourth of July road trip could be a lot cheaper this year. The average price of gas in the U.S. fell to $3.55 on Thursday, more than a dollar less than last summer’s high of $4.87, CNN [...]

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 Unemployment rate losing influence
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By Janice Thompson
In Business, Economy
Posted June 30, 2023

Unemployment rate losing influence

New research may explain America’s boom and gloom. Though low unemployment and positive consumer sentiment were closely linked for decades, public opinion bucked that trend last year as [...]

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 Snapchat+ captures over 4M users
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By Janice Thompson
In Social Media, Technology
Posted June 30, 2023

Snapchat+ captures over 4M users

Snap has racked up more than 4 million subscribers to Snapchat+, its premium paid service, one year into its rollout. Subscribers get exclusive early-access perks, including Snapchat for Web and [...]

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 Millions see extreme weather alerts
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By Janice Thompson
In Weather
Posted June 29, 2023

Millions see extreme weather alerts

New York City was hit by a “potentially less severe” smog early Thursday from the Canadian wildfires than it was about three weeks ago, when the city’s skies turned a dark [...]

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 SCOTUS bars affirmative action
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By Janice Thompson
In Education, Supreme Court
Posted June 29, 2023

SCOTUS bars affirmative action

The Supreme Court has ruled against the use of race as a factor in higher education admissions. The 6-3 decision will force colleges to scrap affirmative action policies designed to increase [...]

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 US may tighten AI chip export rules
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By Janice Thompson
In Technology
Posted June 29, 2023

US may tighten AI chip export rules

As artificial intelligence becomes ever more powerful, the U.S. is weighing whether to further restrict the export of AI chips to China and “other countries of concern,” The Wall [...]

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 Virgin Galactic starts spaceflights
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By Janice Thompson
In Commercial, Travel
Posted June 29, 2023

Virgin Galactic starts spaceflights

Virgin Galactic will launch its first commercial spaceflight, dubbed Galactic 01, on Thursday, five weeks after passing its final test with flying colors. A three-person crew from Italy will join [...]

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