Bitcoin plunges as South Korea cracks down, and the deadline for Uber shareholders to sell their stakes to SoftBank is on the horizon. And Apple CEO Tim Cook got a 47% pay raise for the fiscal year, and Snap is preparing a new feature that will allow users to share its content across the board.
Plus, are smartphones hacking your brain? We talk about why and how app developers might be tweaking software to make you stay on their apps for longer
And how much will weak Model 3 deliveries hurt Tesla this quarter? One analyst cut his forecast for Q4 numbers by almost 70 percent. We break down what another disappointing number on this front might mean for the electric automaker.
Chair Jerome Powell says the Federal Reserve only expects to cut rates once in 2024. But at least, as one economist says, ‘rate hikes are off the table.’
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.
