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Live Events and Sports Drive Subscriber Retention for Netflix and Amazon in Streaming Wars

Netflix and Amazon are beefing up their live sports offerings to combat streaming subscription cancellations. Experts see streaming platforms dominating sports rights in the future due to the genre's built-in fanbase and consistent success.

Inflation Heats Up, Complicating Trump's Promise to Cut Rates

President Trump's request for interest rate cuts faces resistance after hotter-than-expected inflation data, putting him at odds with the Fed and potentially leading to market turmoil.

Oaktree Offers Lifeline to Cash-Strapped Star Entertainment

US-based Oaktree to refinance $413 million of Star Entertainment's debt, offering a lifeline to the struggling firm.

The High Cost of Young Adulthood: How Gen Z Is Struggling to Afford Their Dreams

Life is becoming more expensive than many young people expected. Some young people are being priced out of the lives they imagined for themselves. Now, Gen Zers are struggling to afford buying a home or having kids. Learn more ways young people can take steps to achieve their dreams, says an Experian executive.

Tiesto and Afrojack's Tax Attorney Sentenced to 30 Months for Tax Fraud

World-renowned DJ Tiesto's former tax attorney, Frank Butselaar, has been sentenced to 30 months in prison for tax fraud. Prosecutors allege Butselaar hid $100 million in income for his wealthy clients, including Tiesto and fellow DJ Afrojack, through offshore tax shelters. Tiesto and Afrojack have reportedly resolved their differences with the IRS but may have to pay back the $19 million in taxes that Butselaar allegedly saved them.

2025 Layoff Tracker: Companies Cutting Staff and Restructuring

Mass Layoffs Hit Companies: Chevron, Microsoft, Meta, and More Cut Staff Amid Tech Restructuring

US Stocks Close Mixed as Nasdaq 100 Reaches Record High amid Retail Sales Drop

US stocks closed mixed on Friday, with the Nasdaq 100 (^NDX) notching a record high to cap a busy week of tariff hikes, inflation updates, and retail sales data that fell short of expectations. The S&P 500 (^GSPC) dipped slightly while the Nasdaq Composite (^IXIC) rose 0.4% to close out its best week of 2025. Both indexes gained for a third consecutive week. Meanwhile, the Dow Jones Industrial Average (^DJI) fell 0.3%, following Thursday's sharp gains.

HUD Workers Face Deep Staffing Cuts as Trump and Musk Shrink Federal Government

HUD workers brace for deep staffing cuts in divisions that provide housing assistance, investigate discrimination, and collect market data as part of the Trump administration's efforts to reduce the size of the federal government.

Oil Prices Swing as Retaliatory Tariffs and Iranian Supply Concerns Loom

Oil prices swing as US weighs tariffs against Iran supply concerns

Denny's to Close More Restaurants Amid Shift to Fast Food and Takeout

Denny's plans to accelerate restaurant closures in 2025 due to changing consumer preferences towards fast-food and takeout options.