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Sophia Lewis

1590 Posts
Costner’s Expensive ‘Horizon’ Bites the Dust at the Box Office

Costner’s Expensive ‘Horizon’ Bites the Dust at the Box Office

Related media - Breaking news "Inside Out 2," featuring Anxiety personified, maintained its position as the top film in North America for the third consecutive weekend. Meanwhile, "A Quiet Place: Day One," a suspenseful prequel, exceeded expectations with its strong ticket sales. However, Kevin Costner’s three-hour film “Horizon: An American Saga – Chapter 1” was largely ignored by moviegoers. Originally intended for streaming, this supposed start to an Old West series eventually made it to theaters, but failed to attract significant interest. Pixar’s “Inside Out 2” was projected to gross $57.4 million, reaching a three-week total of about $470 million…
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USA Today Editor-in-Chief Terence Samuel Resigns

USA Today Editor-in-Chief Terence Samuel Resigns

Related media - Latest news USA Today Editor-in-Chief Terence Samuel announced Monday he is stepping down after a year in office. Samuel, a veteran journalist, had joined USA Today in July of the previous year from National Public Radio, where he had been a senior executive overseeing all news programs. Neither Samuel nor USA Today gave a reason for his departure. In an email to the newsroom, Monica Richardson, a senior vice president at USA Today, said Samuel’s resignation was “effective today.” Caren Bohan, the political editor, will temporarily take over as managing editor while the publication conducts a national…
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Nvidia, with a market capitalization of .34 trillion, becomes the most valuable company

Nvidia, with a market capitalization of $3.34 trillion, becomes the most valuable company

Related media - News 24 hours Nvidia leapfrogged two of the tech industry’s most storied names on Tuesday to become the world’s most valuable public company, according to data from S&P Global. Its rise has been fueled by a boom in generative artificial intelligence and growing demand for the company’s chips — known as graphics processing units, or GPUs — that enable the creation of AI systems. Nvidia's rise is among the fastest in the history of the market. Just two years ago, the company's market valuation exceeded $400 billion. Now, in the space of a year, it has gone…
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Hiring in the United States is rising sharply, along with wages

Hiring in the United States is rising sharply, along with wages

More news - Latest news Employers added 272,000 jobs last month, the Labor Department reported Friday, well above what economists had expected as hiring had gradually slowed. That was up from an average of 232,000 jobs in the previous 12 months, muddying the picture of an economy easing into a more sustainable pace. Most worrying for the Federal Reserve, which meets next week and again in July, is that wages rose 4.1% from a year ago, a sign that inflation may not yet be defeated. “For those who thought they would see a rate cut in July, that door has…
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The Fed’s preferred measure of inflation shows signs of cooling

The Fed’s preferred measure of inflation shows signs of cooling

More news - Breaking news The Federal Reserve's preferred inflation gauge continues to show signs of cooling, accompanied by moderate growth in consumer spending - good news for central banks as they aim to control rising prices and curb demand. In May, the personal consumption expenditure (PCE) index rose 2.6% from a year earlier, meeting economists' expectations and down slightly from April's 2.7% increase. Excluding more volatile food and fuel prices, core inflation also rose 2.6% year-on-year, down from 2.8% in April. On a monthly basis, inflation remained particularly subdued, with overall prices showing no significant increases. The Federal Reserve…
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Supreme Court Sides With Biden Administration in Social Media Case

Supreme Court Sides With Biden Administration in Social Media Case

Related media - Breaking news The Supreme Court has ruled in favor of the Biden administration in a case involving social media, scoring a significant practical victory. The ruling rejected a Republican challenge to block the government from communicating with social media platforms to combat misinformation. In a 6-3 decision, the Court found that the plaintiffs, including states and individuals, did not suffer direct damages that would have entitled them to sue. This decision leaves unresolved broader questions about the First Amendment's limits on government influence over tech companies, which control much of the flow of information online. The case…
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