Apple Fights Addiction, and SpaceX's Zuma Payload Goes Missing
Apple responds to investor calls that it do something to prevent kids from getting addicted to iPhones. The tech giant saying it will roll out new features to help parents control what their kids see on their devices.
And SpaceX's first launch of the year may not have been as successful as hoped. The mysterious Zuma payload, commissioned but kept under wraps by the government, may have burned up and disappeared after separating from the Falcon 9 rocket.
Plus Democratic senators have enough support to force a floor vote on last month's net neutrality repeal. That could lead to a reversal of the controversial decision by the FCC, but there are still plenty of hurdles in the way.
And Samsung shares fell after the company issued guidance for the fourth quarter below analyst estimates. Still, the South Korean electronics giant sees record profit for the period.
Wealthy individuals and industry leaders are driving soaring sports team valuations, fueled by private equity and growing interest in leagues like the WNBA.
The incoming Fed decision will likely be good news for consumers with high-yield saving options, but bad news for borrowers (like anyone with high credit debt).
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Inflation is still high, and economic activity is starting to slow down. But before you start to panic about stagflation, wait to see this week’s jobs report.
