Dominion Voting Systems tomorrow will square off in court against Fox News, more than two years after filing a $1.6 billion defamation suit accusing the network of knowingly airing disinformation about election fraud in the 2020 presidential contest.
Why it matters: The trial could set an important First Amendment precedent and shape political coverage by one of America's most powerful media outlets.
In a growing share of opposite-sex marriages, husbands and wives earn about the same income, according to a newly released Pew Research Center analysis of government data.
Why it matters: At first glance this looks like the U.S. is inching closer to gender equality. But these marriages, which Pew calls "egalitarian," are still unbalanced when it comes to unpaid work — with wives spending more time on caregiving and housework.
The go-to favorite cuisine of Americans used to be Italian, but increasingly it's Latin American and Tex-Mex food like tacos, quesadillas and birrias — with Asian food next on the horizon, per Datassential, a restaurant-menu consultancy.
Why it matters: The dramatic rise in the U.S. Latino population is reshaping the national palate — and sending restaurant operators south of the border (or thereabouts) to freshen up their menus.
The New York Times does not plan to stop using Twitter, its top editor said Saturday, despite the fact that Elon Musk, the company's owner, has taken seemingly targeted actions against the Times, and has called the outlet's work "propaganda."
Why it matters: Musk's recent actions targeting certain outlets have forced media companies to reckon with whether it's worth remaining on Twitter.
Lisa Lewin joined General Assembly in mid-2020 to be its first non-founder chief executive officer, but on Monday she’s taking on a new job: CEO-in-residence at Primary Venture Partners.
Why it matters: Even in a tougher venture market, some firms are continuing to differentiate themselves by the resources they offer startup founders, who certainly could use the extra help.
Tax loss harvesting (TLH) is a controversial investment strategy that allows investors to take tax losses on losing positions without meaningfully changing the total exposure of their portfolio. Now, for the first time, it's possible to see just how profitable it can be.
Why it matters: In volatile markets, most portfolios include some securities that are worth less than they were bought for. TLH involves selling those stocks — creating a loss that can be deducted from annual taxes — while simultaneously buying very similar stocks.
China is booming— and French luxury houses like LVMH and Hermès are reaping the benefit.
Why it matters: China has helped deliver a "blowout quarter" for luxury companies, per Bloomberg. It's also firing on all cylinders domestically, with manufacturing growing at the fastest pace in more than a decade.
The AI hype cycle is in full swing — which, like all hype cycles, means a large uptick in noise and nonsense.
Why it matters: The temptation is to try to separate the signal from the noise. (Good luck with that.) Trying to pick winners is even harder — although one Caribbean island is clearly among them.
After a tumultuous year in the markets, America's preparedness for retirement has gotten shakier.
By the numbers: More than half — 52% — of Americans are not on track to comfortably pay for their retirement,according to a new report from Fidelity, the nation's largest provider of 401(k) plans.