On Tuesday, the Writer’s Guild of America (WGA) kicked off its first strike in 16 years. Now they are on the picket line, and Cheddar News' field reporter Ashley Mastronardi heard from several strikers who said streaming giants need to catch up with the times and offer higher wages and a bigger cut of residuals.
Microsoft reported a 20% spike in quarterly profits Tuesday, helping to fuel its battle to get ahead of rivals like Google, Amazon and Facebook parent Meta in selling the latest artificial intelligence technology.
Visa Inc. said its adjusted third-quarter profits rose by nearly double digits, as the global payments company continues to benefit from the broad shift by consumers to using credit and debit cards instead of cash.
Even after inflation has steadily eased this year, the Federal Reserve's policymakers still think prices are rising too fast and are almost certain to lift their key interest rate by a quarter-point on Wednesday.
