With the U.S. Department of Education’s “involuntary collections” on federal student loans now underway, millions of borrowers face a “default cliff,” reports show. A new analysis by TransUnion found that as of April, 31% of student loan borrowers with a payment due are in “late-stage delinquency,” or over 90 days past due on payments. That’s the highest share the […]
What’s driving Wall Street’s stablecoin interest? Trillions
After a brief pullback this week, shares of stablecoin issuer and recent IPO darling Circle were in rally mode again, soaring double-digits on a percentage basis during trading on Thursday and ending the day up close to 8%, after having moved up by more than 600% percent since its debut on the New York Stock […]
Vogue’s Anna Wintour to relinquish head of editorial content role
NEWYou can now listen to Fox News articles! Anna Wintour is shifting her position at American Vogue. Wintour informed staff members on Thursday that she would be looking for someone to take over her role at Vogue and handle more of the day-to-day operations, according to the Associated Press. Wintour has served as editor-in-chief since […]
Disney Just Threw a Punch in a Major AI Fight
Michael Calore: So publishing is definitely at the top of the list of industries that have been worried about AI plagiarizing original work, and we should all know because we’re all in the publishing industry. But then there’s the content that is the opposite of thoughtful, human-made work, and that is AI slop. The term […]
Meta Hires Ex-OpenAI Top Talent For AI Research
Tech company Meta has hired Trapit Bansal, a former key researcher at artificial intelligence company OpenAI, who was central to developing the firm’s o1 reasoning AI model. Bansal is the latest ex-OpenAI researcher to join the Meta team, following the addition of Lucas Beyer, Alexander Kolesnikov, and Xiaohua Zhai, according to TechCrunch. The hires are […]
Paying for your own cell phone plan
These days, it’s common for parents to give their adult children some financial support. But it wouldn’t take a lot to be considered independent. About three-quarters, or 76%, of Americans say that coming off a parent’s cell phone plan is one of the “ultimate signs” of adulthood, according to a recent survey of over 2,000 […]
Asana picks Dan Rogers to replace CEO Dustin Moskovitz
Lisbon , Portugal – 12 November 2024; Dan Rogers, CEO, LaunchDarkly, on SaaS Summit stage during day one of Web Summit 2024 at the MEO Arena in Lisbon, Portugal. Harry Murphy | Sportsfile | Getty Images Collaboration software maker Asana said Wednesday it has chosen former Rubrik and ServiceNow executive Dan Rogers to be its […]
Cody Johnson stops show after fight breaks out during performance
NEWYou can now listen to Fox News articles! Cody Johnson has zero tolerance for physical violence. During a show at the Frost Bank Center in San Antonio over the weekend, the 38-year-old country star was forced to stop his performance of “God Bless America” when a fight broke out in the crowd. In TikTok footage […]
Venice Braces for Jeff Bezos and Lauren Sanchez’s Wedding
The lavish wedding between Amazon founder Jeff Bezos and his partner Lauren Sanchez is scheduled for June 26-28 in Venice, Italy. For months, however, protests against the event have taken place in the city, intensifying in recent days with the “No Space for Bezos” campaign—which refers to his aerospace investments—over the social and environmental impacts […]
BTC Spot ETF Demand Proves Bitcoin Is A Macro Asset
Key takeaways: Avenir Group and Glassnode data conclude that a significant portion of spot BTC ETF inflows are unhedged, long-only positions, indicating genuine institutional conviction rather than reliance on short-term arbitrage strategies. BTC continues to behave like a traditional macro asset with strong correlations to equities, gold, and liquidity cycles, while inversely tracking the dollar […]