Month: January 2025

Why some call it phantom wealth

Millennials have come a long way since their days of being called lazy or entitled. Despite reaching key milestones later than their parents once did, they are now wealthier than previous generations were at their age. “Younger families in the U.S. made remarkable gains,” according to an analysis of 2022 data by the St. Louis Federal […]

Here’s what you should know

On Monday, Chinese artificial intelligence startup DeepSeek took over rival OpenAI’s coveted spot as the most-downloaded free app in the U.S. on Apple‘s App Store, dethroning ChatGPT for DeepSeek’s AI Assistant. Global tech stocks sold off and were on pace to wipe out billions in market cap. Later on Monday, DeepSeek said it would temporarily […]

Retirees may feel it’s not enough

Sporrer/Rupp | Image Source | Getty Images Millions of Social Security beneficiaries have now received their first benefit checks for 2025. The new 2.5% cost-of-living adjustment — which adds $50 per month to retirement benefits on average — marks the lowest increase since 2021, when inflation spiked shortly thereafter. With prices still high, many beneficiaries […]

LA fires: Katey Sagal’s home ‘completely filled with smoke,’ forced to evacuate

As the California fires have devastated more than hundreds of thousands of residents, Hollywood actors have come together to raise millions for relief efforts.  “Married with Children” actress Katey Sagal, “Indiana Jones” star Ke Huy Quan and several other A-listers spoke with Fox News Digital about how they’ve been deeply impacted by the Los Angeles […]

Taylor Swift Triggered a Tsunami of Sports Bets. Then She Stopped Turning Up

It’s hard to quantify the Swiftie demographic’s impact on these bets, but preseason, WIRED reached out to several sportsbooks including BetRivers, DraftKings, FanDuel and Rivalry, which said the Taylor Swift effect was real, and expected it would continue to affect their industry this season. Tim Whitehead, sportsbook head at BetRivers, put it succinctly. “So long […]

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