"Oppenheimer" leads the list of 2024 Oscar nominees with 13 nods, while its release day partner "Barbie" scored eight nominations, Nathan writes.
Driving the news: Both blockbuster films β together famously dubbed "Barbenheimer" β were among the 10 nominated for best picture when the contenders were announced this morning.
The others: "American Fiction," "Anatomy of a Fall," "The Holdovers," "Killers of the Flower Moon," "Maestro," "Past Lives," "Poor Things" and "The Zone of Interest."
Yes, but: Margot Robbie, who played Barbie in the eponymous film, was snubbed in the best actress category.
So was director Greta Gerwig in the directing category, though she was nominated for best adapted screenplay.
π Nathan's thought bubble: "Oppenheimer" and "Barbie" were refreshingly fresh, and I'm glad they're both getting their due.
EV sales are disappointing automakers at a time they thought they'd be soaring β setting the scene for a Tesla earnings report Wednesday that will color investors' EV outlook for the year.
Why it matters: As the world's leading seller of premium electric vehicles β and the top EV seller in the U.S. β Tesla is uniquely exposed to sharp shifts in the marketplace.
Many of the long and often confusing notices the Internal Revenue Service sends to taxpayers will soon be shorter and simpler, officials said Tuesday.
Why it matters: The IRS sends around 170 million notices to individual taxpayers each year. Treasury Secretary Janet Yellen said the letters "have not been as taxpayer-friendly as they could be."
If you listened to a lot of market commentary a month ago, you would have gotten the sense that an early 2024 interest rate cut was a sure thing. Now, it's looking more like a coin flip.
Why it matters: When the easing cycle begins β whether it turns out to be March or later β it will be a meaningful signal that a period of aggressive monetary tightening has ended and Fed officials are comfortable that inflation is at a low risk of flaring up again.
The share of American workers who are members of a union hit a new low in 2023 β it's now 1 in 10 β though the total number of unionized employees rose slightly.
Why it matters: Advocates say unions are a needed proponent of worker rights and compensation, while critics say unions throttle progress in the workplace.
The pipelinefor new apartments in old office buildings is filling up fast.
Why it matters: Converting unloved, underused office space is a key part of many big cities' plans to adapt to the post-COVID era. It helps solve two problems at once β putting empty space to use and creating much-needed housing.
China's yuan and Japan's yen both slumped over the last year, with decidedly different outcomes for stock investors in the two Asian economic giants.
Why it matters: The divergent performance between Chinese and Japanese shares over the last year reflects the broader shifts in the global economy that have emerged post-COVID.