CONSUMER

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Sep 06 2024BUSINESS

Is the Sphere's Future as Bright as its Lights? A Closer Look at the Entertainment Giant's Challenges

The Sphere, a dazzling new entertainment venue in Las Vegas, has been making waves since its opening. But is this innovative space truly a game-changer, or are there cracks in its seemingly perfect facade? Analysts at Benchmark are raising some serious red flags, downgrading Sphere Entertainment C

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Sep 06 2024FINANCE

SoFi: Riding the Rate Wave - A Tailwind or a Mirage?

SoFi, a financial technology company, is seeing a potential surge in demand thanks to anticipated interest rate cuts. The article argues that declining consumer loan delinquency rates and the expectation of lower interest rates will fuel refinancing demand for mortgages and student loans. This, in

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Sep 06 2024BUSINESS

Hold the Beer: When Corporate 'Inclusivity' Goes on Retreat

The article discusses how many major companies are scaling back their diversity, equity, and inclusion (DEI) initiatives under pressure from far-right activists opposed to such efforts. Examples given include Lowe's, Ford, John Deere, Harley-Davidson, Tractor Supply, and Molson Coors, the latter of

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Sep 06 2024BUSINESS

Accounting Scandal: Round-Tripping & Other Fraudulent Schemes Exposed

Round-tripping! Channel stuffing! Back-dated contracts - what do these fancy accounting terms really mean? Let's dive into the shady world of fraudulent practices used by Sushovan Hussain, the former CFO of Autonomy who recently got 5 years in prison and a ban on accounting until 2038. According to

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Aug 28 2024TECHNOLOGY

The High Cost of School Technology: A Financial Burden on US Parents

As the back-to-school season approaches, a new survey reveals that more than half of US parents are struggling to afford the technology their children need for school. The survey, conducted by mobile device recommerce company EcoATM Gazelle, found that 55% of parents have gone into credit card debt

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Aug 27 2024TECHNOLOGY

The Surprising Truth: Fancy Car Tech Doesn't Make Drivers Happier

A recent study by JD Power reveals that the latest advanced vehicle technologies in cars might not be as appealing to drivers as automakers think. The 2024 U.S. Tech Experience Index Study, which surveyed over 81,000 drivers, found that while some tech features were popular, many others were underu

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