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PepsiCo Sales, Earnings Rise on Snacks Spending
PepsiCo reported strong growth in sales and profit as consumers continued to shrug off price increases and spend on Doritos, Cheetos and other snacks. Source
ChatGPT Under Investigation by FTC
The agency is investigating whether OpenAI’s chatbot has harmed individuals by publishing false information about them. Source link
Crypto Lender Celsius CEO Is Arrested, Sued by Regulators
Celsius Network founder Alex Mashinsky was arrested in New York early Thursday morning and charged with securities fraud. Source link
Want to See Your Future Babies? This Viral App Can Show You.
The photo-editing platform Remini is triggering baby fever with realistic childhood images. But there are drawbacks. Source link
Disney's Iger Hints at Strategic Partner for ESPN
CEO Robert Iger said legacy TV networks, including ABC and FX, may not be core to Disney. Source link
Inflation's Fall From a Four-Decade High in Four Charts
Overall price increases eased sharply in the past 12 months, but not for all products. Source link
As Inflation Goes Down, Soft Landing Odds Improve
The latest data suggest a lot of past inflation was transitory. Source link
Insurers Are in the Hot Seat on Climate Change
Companies face rising risks and are under pressure from politicians. Source link
Banks Can't Shortchange Savers Forever
Lenders may feel more competitive pressure to pass on the benefit of higher interest rates than investors appear to think. Source link
The Key Number to Watch in U.S. Bank Earnings
Listen to article (2 minutes) No major bank has collapsed since First Republic Bank at the beginning of May. But that doesn’t mean fears about