Macy's beats earnings expectations as turnaround strategy attracts more affluent shoppers
Macy’s is trying to find a sweet spot that resonates with cash-strapped consumers and shareholders and it seems to be, at least for now, working. Read more...
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Trump Media lost $327 million last quarter
Trump Media & Technology Group reported a loss before income taxes of $327.6 million last quarter, as the company behind former President Donald Trump’s Truth Social says it’s prioritizing products over revenues. Read more...
Lowe's stock pops even as consumers hold off on making big purchases
Lowe’s is continuing to face headwinds as it grapples with a slowdown in home sales, higher interest rates, and a pullback in consumer spending . Read more...
The best keyboard shortcuts for Google Chrome
Many of us will spend a lot of hours working in a browser window when sitting in front of a computer — and for two-thirds of people, that browser will be Google Chrome. To put it another way, Google Chrome keyboard shortcuts have the potential to save a lot of users a lot of
UK has room for three rate cuts this year, IMF says
The international body upgrades its UK growth forecast and says rates could fall to 4.5% by the end of 2024.
The 10 fastest growing job markets in America for young workers
In today’s job market, young professionals have to consider a number of factors when they decide to embark on their professional journey — and that could mean changing where they work. Read more...
8 things you can buy with Bitcoin
On May 22, 2010, a man in Florida spent 10,000 Bitcoin — the current-day equivalent of $670 million — on pizza. The event, which marked the first digital currency transaction ever made for a physical item, is now celebrated annually as Bitcoin Pizza Day . Read more...
Food price rises 'returning to normal'
Grocery price inflation falls to its lowest since October 2021 but shoppers are still buying own-brand goods.
Industry bosses cast doubt on jobs 'bootcamp' plans
The plans will see benefit claimants get training for roles in sectors such as hospitality and care.
BMW and Jaguar used banned China parts - US probe
The car makers used parts made by a supplier banned over alleged links to Chinese forced labour.
These elephants are dying on rail tracks - can AI save them?
Officials in the Indian state of Tamil Nadu are using AI to monitor elephant movement on rail tracks.
Electricity grids creak as AI demands soar
Data centre electricity demand is forecast to double in four years, putting energy grids under pressure.
Children top up pocket money with extra work
Doing housework and developing side hustles is helping kids top up pocket money, a report claims.
Five questions for ex-Post Office boss Paula Vennells
The former Post Office boss is due to give evidence to the public inquiry into the Horizon IT scandal.
Truth Social parent Trump Media & Technology posts $327M loss on little revenue
Earlier this month, the company fired an auditor that federal regulators recently charged with “massive fraud.”
Microsoft's new AI hardware has Apple in its crosshairs
Microsoft smells blood in the water, and it seems to be exclusively gunning for Apple’s latest ultra-thin laptops and iPads with devices sporting all-day batteries and ARM-based processors that boast better performance with better energy efficiency. A new Surface Pro 2-in-1
Tesla employees feel like they're walking on eggshells amid sweeping layoffs
In an all-too-common theme of today’s world, Tesla employees are working under the immense fear they’re going to receive a dreaded “Dear Employee” layoff email from CEO Elon Musk. He has slashed the Austin, Texas-based automaker’s workforce by over 10 percent, but he still does
Tesla dashcam footage shows full self-driving nearly crashing into a train
The rollout of Tesla’s advanced driver assistance technology Full Self-Drive and Autopilot has been fraught with issues. There have been high-profile videos of it struggling with city traffic, deadly crashes with the tech engaged and now a new video has surfaced of a
FDIC chair says he's ready to resign once a successor is confirmed
Federal Deposit Insurance Corporation(FDIC) chairman Martin Gruenberg said on Monday that he is ready to resign once his successor is confirmed by the Senate. Read more...
10 places people want to go this summer, according to Airbnb
With Memorial Day upon us, the beginning of the summer travel season in the U.S. has officially begun. Read more...
FDIC chair Martin Gruenberg to resign after sex-harassment, misconduct at agency
Earlier in the day a top Democrat had called for the FDIC chair to be replaced after an external review found sweeping reports of employee mistreatment and sexual harassment.
Pedigree dog food recalled because it may contain metal pieces: FDA
The governmental agency noted that there have been no reports of injury or illness to any pets thus far.
Tesla is rolling out a Full Self-Driving update that removes the 'steering wheel nag'
In a new update to its full self-driving (FSD) mode, Tesla is reportedly removing what its drivers call “steering wheel nag.” Read more...
Why so many wacky food mashups have taken over store shelves, from Sour Patch Kids Oreos to Pepsi Maple Syrup
Surprising flavor combinations – like gravy-flavored Jones Soda or Van Leeuwen’s Kraft Macaroni and Cheese ice cream -- are showing up more frequently in grocery stores and restaurant chains.
EVs now consume more electricity than trains
The Energy Information Administration says that electric vehicles are now using more energy than trains in the United States. The tidbit was included in the agency’s analysis of its monthly report on American electricity usage. The electric vehicle news outlet Electrek noticed
Bitcoin is back above $68,000. Are we heading toward a new peak?
A month after its ‘ halving ’ and in the midst of Bitcoin Pizza Day this week, the leading cryptocurrency seems to be in the mood for celebration. Read more...
The Memo: Red flags
The Memo is taking a break next week. We’ll be back on June 3! Read more...
