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Monthly Archives: September 2023

Hollywood writers strike to end on Wednesday as WGA, AMPTP in deal

Striking WGA (Writers Guild of America) members picket with striking SAG-AFTRA members outside Paramount Studios on September 18, 2023 in Los Angeles, California. Mario Tama | Getty Images Hollywood writers and studios have finalized the language of a tentative contract that will lead to the end to a nearly 150-day …

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Italy possible withdrawal may lead to future exits from China’s BRI

Workers produce large building materials and equipment for export to countries along the Belt and Road. Hai ‘an city, Jiangsu Province, China, June 15, 2020. Future Publishing | Future Publishing | Getty Images Italy’s reported withdrawal plan may set a precedence for a constructive exit from China’s global trade and …

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New home sales fall in August

Sales of newly built homes fell 8.7% in August from July to a seasonally adjusted annualized pace of 675,000 units, according to the U.S. Census Bureau. That is the slowest pace since March. Sales were still 5.8% higher than August 2022. The Census count is based on signed contracts during …

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Digital nomads can live for free in Sardinia — here’s how to apply

Clarese Partis, a 39-year-old software designer from Los Angeles, has always wanted to work from an offbeat spot far from the crowds.   So when she was offered such an opportunity, she instantly grabbed it.  Last week, Partis landed in the Sardinian village of Ollolai in Italy for a free …

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Today’s graduates make less than their parents, adjusted for inflation

When Jacynthe Riviere graduated from college with an accounting degree, “there were plenty of jobs,” she said — and “the big firms paid well.” The year was 1984. Riviere, now 61 and living in Puerto Rico, made roughly $18,000 in her first position as a staff auditor — the equivalent …

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European Central Bank hikes rates to record level

President of the European Central Bank (ECB) Christine Lagarde gestures as she addresses a press conference following the meeting of the governing council of the ECB in Frankfurt am Main, western Germany, on July 27, 2023. Daniel Roland | Afp | Getty Images The European Central Bank on Thursday announced …

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How much money you’d have if you invested $1,000 a decade ago

From hot dogs to gas, Costco is already known for offering its members steep discounts on a wide array of items. Now, members will be able to save money on doctor’s visits too. On Monday, Sesame, a health-care marketplace that connects patients with doctors, announced a partnership with Costco, allowing …

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Oil to hit $100? Analysts expect a return to triple digits before 2024

In an aerial view, oil storage tanks are shown at the Enterprise Sealy Station on August 28, 2023 in Sealy, Texas. Brandon Bell | Getty Images News | Getty Images Oil prices climbed to their highest level of the year this week, extending a rally that has put a return …

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Don’t expect your credit card interest rate to drop in 2024

If you want to finance a big purchase like a car or wedding in 2024, don’t expect to get much of a break on interest rates. The Federal Reserve didn’t announce any additional interest rate hikes when it met Wednesday, but it did change its forecast for 2024. The Fed …

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How AI-assisted music can become eligible for an award

Artificial intelligence might be able to pass a Wharton MBA exam, but it can’t win a Grammy. That’s according to Harvey Mason Jr., CEO of the Recording Academy, which presents the Grammy Awards annually to recognize leading contributions to the music industry. “No, we’re not going to award AI creativity,” …

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