Fake news on Twitter travels six times faster than real news and reaches far more users according to a study released by researchers at MIT. Can fake news be stopped? Sascha Segan is the lead analyst for PCMag.com. Segan joins Cheddar to explain why this problem is so rampant and what needs to be done to stop the problem.
Goldman Sach's Lloyd Blankfein tweeting about the report that he is leaving the company. He writes "its the @wsj announcement not mine. I feel like Huck Finn listening to his own eulogy. " Reports had claimed Blankfein could be leaving by the end of the year. The chief executive's successor will reportedly be one of the firm's two co-presidents. Blankfein has served in his current position since 2006.
Many consumers today prioritize social-minded businesses and food establishments when they decide where to spend their dollars. That's why the new app, Beam, has made social good the core of their business and mission.
Chair Jerome Powell says the Federal Reserve only expects to cut rates once in 2024. But at least, as one economist says, ‘rate hikes are off the table.’
With the Fed likely set to leave rates unchanged, lower and middle income Americans will continue dealing with higher credit card interest and expenses.
Markets soared in May after Nvidia’s Q1 success, but concerns over slowing consumer spending, especially among middle—and lower-income groups, loom large.
