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Americans Are Draining Savings Just To Eat, New Fed Research Shows— And More Households Fear What’s Next

by Tanya Rawat | May 28, 2026 | General

Food insecurity and financial strain are rising across large parts of the U.S. economy even as broader economic conditions remain relatively stable, according to new research published Wednesday by the Federal Reserve Bank of New York. The report found that...

Bill Ackman’s $64 Billion Push To Take Over Universal Music Group Just Hit A Wall As Key Shareholder Says ‘The Price Is Not There At All’

by Namrata Sen | May 28, 2026 | General

Cyrille Bolloré, CEO of Bolloré SE, has publicly advised Universal Music Group N.V. (OTC:UNVGY) to reject the $64 billion takeover bid from Bill Ackman, citing the undervaluation of the music label and the proposal’s misalignment with the company’s long-term strategy....
Anthony Scaramucci Says Genteel Washington Corruption Has Become An ‘Open, Brazen, Billion-Dollar Operation’: Trump Has Done It To The ’29th Power’

Anthony Scaramucci Says Genteel Washington Corruption Has Become An ‘Open, Brazen, Billion-Dollar Operation’: Trump Has Done It To The ’29th Power’

by Shomik Sen Bhattacharjee | May 28, 2026 | General

Former White House communications director Anthony Scaramucci accused President Donald Trump on Wednesday of turning long-standing Washington self-dealing into something far larger and more open, arguing that corruption cuts across party lines but differs sharply in...
Top Wall Street Forecasters Revamp Autodesk Expectations Ahead Of Q1 Earnings

Top Wall Street Forecasters Revamp Autodesk Expectations Ahead Of Q1 Earnings

by Avi Kapoor | May 28, 2026 | General

Autodesk, Inc. (NASDAQ:ADSK) will release earnings for its first quarter after the closing bell on Thursday, May 28. Analysts expect the San Francisco, California-based company to report quarterly earnings of $2.84 per share, up from $2.29 per share in the year-ago...
JB Pritzker Says ‘Illinois Is Leading The Nation In Holding Big Tech Accountable’ As AI Oversight Push Intensifies

JB Pritzker Says ‘Illinois Is Leading The Nation In Holding Big Tech Accountable’ As AI Oversight Push Intensifies

by Snigdha Gairola | May 28, 2026 | General

Gov. JB Pritzker (D-Ill) said he is advancing legislation to regulate artificial intelligence, arguing that the state must take a leading role in holding major technology companies accountable as AI systems become more deeply embedded in daily life. Illinois Moves To...
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