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Monthly Archives: March 2023

Donald Trump indicted in hush money payment case

A New York grand jury voted Thursday to indict former President Donald Trump in connection with a $130,000 hush money payment to porn star Stormy Daniels ahead of the 2016 election, his lawyer told CNBC. Trump is the first former president to be charged with a crime. The indictment comes …

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Virgin Orbit funding plans fail, will stop operations, conduct layoffs

The company’s 747 jet “Cosmic Girl” releases a LauncherOne rocket in mid-air for the first time during a drop test in July 2019. Greg Robinson / Virgin Orbit Virgin Orbit is ceasing operations “for the foreseeable future” after failing to secure a funding lifeline, CEO Dan Hart told employees during …

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Low-wage workers saw ‘tremendously fast wage growth’ since 2019

Low-wage workers made gains in the last few years. Workers in the 10th percentile, that is those making less than 90% of everyone else, saw real wages (or those adjusted for inflation) grow 9% between 2019 and 2022, according to a recent report by the Economic Policy Institute. They earned …

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How Apple Pay Later compares with Affirm, Afterpay, Klarna, PayPal

Apple is shaking up the buy now, pay later industry. On Tuesday, the tech giant launched Apple Pay Later, which allows Apple Pay users to split purchases into four interest-free payments paid over six weeks without an additional fee. Prior to making a purchase, Apple Pay Later users can apply …

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How Fanatics, MLB capitalize on baseball card boom

Julio Rodríguez of the Seattle Mariners was the American League Rookie of the Year in 2022. MLB trading card partner Fanatics has plans for new rookie card features this season as part of a bigger plan to increase the value of Topps baseball cards for collectors. Diamond Images | Diamond …

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The 3 major rule changes major league baseball is making in 2023

Baseball is a game that thrives off of routine and rhythms, but this year the league is shaking things up. Major League Baseball has implemented a slew of new rules for the 2023 season that it hopes will shorten games, increase offense and create a more exciting product for fans. …

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Senate votes to roll back Biden administration clean water rule

water tubes at a river Foottoo | Istock | Getty Images The Senate has approved a resolution to overturn a Biden administration rule that would expand federal protections for the country’s waterways, a measure Republicans have criticized as overbearing and burdensome to business. President Joe Biden has promised to veto …

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More home sellers are sitting out of the spring housing market

A for sale sign is posted in front of a home for sale on February 20, 2023 in San Francisco, California. Justin Sullivan | Getty Images It might seem like a great time to list your home for sale. Buyers are flooding back into the market, mortgage rates have fallen …

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Sam Bankman-Fried pleads not guilty to latest round of fraud charges

Sam Bankman-Fried pleaded not guilty in New York federal court Thursday to five additional charges related to the collapse of his former crypto exchange FTX and hedge fund Alameda Research. Bankman-Fried’s attorney, Mark Cohen, said he plans to file a motion that his client not be tried on all the …

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OpenAI faces complaint to FTC that seeks suspension of ChatGPT updates

GPT-4 sign on website displayed on a laptop screen and OpenAI logo displayed on a phone screen are seen in this illustration photo taken in Poland on March 14, 2023. Jakub Porzycki | Nurphoto | Getty Images OpenAI is facing a new complaint to the Federal Trade Commission that urges …

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