The winter storm poised to sweep through the U.S. this weekend will cause major disruption, but it might also make some people a few extra bucks.
Why it matters: Everyday Americans are increasingly betting on the weather through prediction markets — an activity long reserved as a tool for businesses and big professional traders.
Verizon on Friday offered to refund millions of dollars to cable TV customers in the Boston and Pittsburgh markets who've been without certain channels for over a month, including those carrying NFL football, due to a carriage dispute with Cox Media Group.
Why it matters: This comes one week after Cox accused Verizon of pocketing customer fees, and days after Axios began asking questions.
President Trump on Thursday rescinded Canada's invitation to his "Board of Peace" for Gaza, deepening a feud with Prime Minister Mark Carney that reignited at the World Economic Forum in Davos this week.
Why it matters: It's the latest sign of a splintering partnership between the U.S. and one of its longest-standing allies.
A dismal outlook for a "ruptured" global economy set the backdrop for conversations among the world's top decision-makers.
But those who stuck around as the World Economic Forum in Davos, Switzerland, emptied out on Friday got a much less gloomy view: There is still more keeping the world's largest economies together than there is dividing them.
Why it matters: Whichever view proves correct will be the defining feature of the global economy, one that will see longtime economic ties annihilated or simply altered.
Retail investor activity hit a new record high on a rolling monthly basis, JPMorgan says, as the group continues to buy the dip in the stock market.
Why it matters: Novice traders aren't only dip buying. They're also staying invested, making them increasingly formidable participants that Wall Street can't afford to ignore.
We know now the 10 contenders vying for Best Picture at the Academy Awards in March, but it's easy to feel overwhelmed by the idea of watching that many movies.
The Oscars' recent support of foreign-language cinema marks one of the most rapid taste turnarounds for the awards body in recent history.
By the numbers: Before "Parasite" broke the foreign-language barrier and took home Best Picture in 2020, only 11 non-English films were nominated for the top award. In the six years since, 10 have been in contention for Best Picture.
