Fox News is most-watched news outlet in roughly 70% of U.S. congressional districts, according to a new analysis of more than 1 million respondents over the past year from Morning Consult.
Thousands of Instacart contract "shoppers" — who fetch groceries for one of the largest on-demand companies in the gig economy — have gone on strike for higher wages, the Washington Post reports.
The big picture: Instacart shoppers said their wages were slashed in late 2018 when the company introduced an algorithmic pay system to estimate workers' earnings per job, per the Post.
Shoppers spent less at restaurants and bars in November and didn't buy as many clothes and sporting goods as they had the month prior, according to the latest advance estimates from the Commerce Department.
The big picture: Strong consumer spending largely acted as the U.S. economy's backbone for the past two quarters and much of 2018. The Federal Reserve ended its interest rate-cutting streak on Wednesday, signaling confidence that the economy doesn't need easier borrowing conditions to stay afloat.
Campaigns are using targeted digital platforms to reach younger voters, especially first-time voters.
Driving the news: Facebook has become the primary platform for candidates to spend their political dollars online. The tech giant makes it easy for campaigns to buy ads at scale targeted to different age groups.
A firefighters pension fund in Florida filed a lawsuit on Friday against billionaire investor Carl Icahn over allegations that he bought $1.2 billion of stock in HP after learning that Xerox Corp. wanted to buy HP at a premium, per Bloomberg.
Why it matters: Icahn already was Xerox's largest shareholder, with an 11% stake, and now is HP's fifth-largest shareholder. Xerox offered to buy HP for $33.5 billion, but was rebuffed and now plans to go hostile.
By now you've probably read about the troubles at Away, the smart luggage "unicorn" whose c0-founding CEO just stepped down after a damning story in The Verge about her leadership style.
Yes, but: You also might have read that the CEO, Steph Korey, was subsequently pushed out by investors who had long sought her ouster. According to three sources close to the situation, this is untrue.
The U.S. and China agreed to a "phase one" trade deal on Friday, which President Trump touted in a series of tweets.
The state of play: The deal averts a new round of tariffs scheduled to go into effect on Dec. 15, and a Chinese official said that the U.S. would reduce its tariffs on Chinese goods in stages, per Bloomberg. The deal includes an agreement from China to increase imports from the U.S. and purchase agricultural goods.
