Facebook is back under the microscope for failing to stop the spread of fake news. Sara Fischer, media reporter for AXIOS, joins to explain how the big tech companies are, or are not, addressing the problem.
Fischer explains that Facebook is trying to address the problem by prioritizing local news content over other news sources. However, she wonders if that is enough considering during breaking news, like the school shooting that recently happened, misinformation is still shared.
There are still changes that need to be made. For example, Twitter and Facebook require authentification to cancel an account, but the same is not required to create an account.
With the Fed likely set to leave rates unchanged, lower and middle income Americans will continue dealing with higher credit card interest and expenses.
Markets soared in May after Nvidia’s Q1 success, but concerns over slowing consumer spending, especially among middle—and lower-income groups, loom large.
The U.S. economy added 272,000 jobs in May, far more than expected. But that number doesn't tell the whole story. Interest rate cuts could still be on the way.
