U.S. M&A activity picked up pace in the third quarter, but remained well below 2022 levels, new data shows.
Why it matters: M&A activity is a market barometer, and so far this year, all signs point to continued economic concerns, with some rays of light poking through.
Why it matters: To this point, the company's overall path to growth has been strikingly straightforward. But its next 25 years are likely to look very different.
Maybe it's not a surprise that the company blamed for the Hollywood writer's strike was the same one whose stock price emerged higher coming out of it.
Context: Netflix in recent years has upended traditional norms of television and film production, their distribution and worker pay models.
Nearly 3.4 million Hyundai and Kia vehicles are being recalled due to the risk of engine compartment fires.
Why it matters: Car owners are being advised to park outdoors and away from any structures, according to safety recalls posted by the National Highway Traffic Safety Administration.
A U.S. government shutdown could begin this weekend, and many Congress-watchers think it's more likely than not. If prolonged, it would undermine policymakers' ability to measure how the economy is doing in real time.
Why it matters: This is an exceptionally delicate time for policy, as the Federal Reserve weighs whether to keep pushing interest rates higher and tries to guide the economy into a soft landing. Disruptions in the flow of data due to a shutdown would make it harder to make the right calls.
A group of venture capital firms is working with the U.S. Commerce Department to develop "responsible AI" guidelines for themselves and their portfolio companies, Axios has learned.
Why it matters: This effort is designed to cover thousands of current and future startups, whereas most other AI self-regulation talks have been limited to Big Tech companies and major AI model vendors.
A yearlong respite from rising home prices is clearly over, as a recent string of accelerating increases pushed key price metrics to new highs, according to new data out Tuesday.
Why it matters: Housing costs are a huge issue for everyday Americans struggling with record-low affordability — an issue that continues to contribute to the sour public mood.
A few measures of consumer sentiment are flashing warning signs that show the American vibe shifting downward again.
Why it matters: The data shows that the recent reversal in gas prices (heading up) and the stock market (heading down) is weighing on our mood. So is the continuing reality of living in a higher-price world.
Americans are still very far apart in their perceptions of barriers that women face in moving up in the workplace, new research from Pew Research reveals.
Driving the news: 55% of those surveyed in July this year say there are too few women in top executive business positions.
The total economic output of U.S. Latinos reached $3.2 trillion in 2021, inching closer to Germany's and staying ahead of India, according to a report being released on Wednesday.
Why it matters: The report shows U.S. Latino buying power and economic output grew by more than 14% despite the pandemic's disproportionate impact on Latino communities.
After 148 days of tense negotiations, long picket lines and stalled production, the leadership for the Writers Guild of America on Tuesday voted to officially end the Hollywood writers strike on Wednesday at 12:01am PT.
Why it matters: More than 11,500 writers are now eligible to return to work —which should jumpstart production of most live talk shows, including late-night, in the coming days and weeks.
Why it matters: The pro-union Democrat's appearance showed solidarity with thousands of autoworkers who have been leading an unprecedented strike of the Detroit Three automakers.
