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Dating app Bumble faced backlash for a billboard ad campaign that seemingly shamed women for not being sexually active and mocked celibacy. Bumble apologized, saying the ads were meant to appeal to those frustrated by modern dating but instead did the opposite. The company will remove the ads and donate the billboard space to organizations supporting women, including the National Domestic Violence Hotline. This follows Bumble's announcing layoffs in February and its stock price falling 45% since last July as young adults opt for in-person or social media connections over dating apps.
⏲ 0:37 👁 400K
Stock Markets Rally , Amid Investor Hopes for , Interest Rate Cuts in 2024.<br/>On the morning of May 15, both the S&P and the <br/>Nasdaq hit all-time highs after new data suggested <br/>inflation may be easing in line with expectations.<br/>Quartz reports that the Dow Jones Industrial Average <br/>is also inching toward the record-breaking <br/>40,000 mark, which it almost hit in March. .<br/>According to the latest Bureau of Labor <br/>Statistics data, April saw the Consumer Price <br/>Index, a key gauge of inflation, rise by 3.4%.<br/>At the same time, consumer prices <br/>increased by 0.3%, slowing slightly <br/>from March's 0.4% increase.<br/>The latest data also shows that core prices, <br/>which don't include food and energy, saw the lowest <br/>increase since April of 2021, rising just 3.6%. .<br/>As a result, investors have a sense of <br/>renewed hope that the Federal Reserve will <br/>begin to cut interest rates at some point in 2024.<br/>The latest inflation data was released one day <br/>after the Producer Price Index, which <br/>measures wholesale inflation, increased 0.5%. .<br/>Over the past year, the <br/>index has increased 2.2%.<br/>Shortly after markets opened, the Dow <br/>jumped up 147 points, hitting 39,705, while the <br/>S&P 500 and the Nasdaq saw 0.5% increases.<br/>Shares in GameStop were down 30% after <br/>experiencing a boost earlier this week by <br/>the online return of investor \
⏲ 1:30 👁 1.1M
Join here: https://bit.ly/3UVy17h<br/><br/>The SocialGood App is a mobile application that rewards users with the cryptocurrency SocialGood (SG) for their shopping activities. When users shop at partner stores like eBay, Walmart, and BestBuy through the app, they earn SG as cashback. The SG token can then be exchanged for other cryptocurrencies like Bitcoin (BTC) and USDT.<br/><br/>The app aims to promote social good by increasing the value of SG tokens through user shopping activities. It’s part of a broader movement that integrates commerce with cryptocurrency to incentivize positive consumer behavior. The SocialGood App has gained popularity due to its unique approach to combining shopping rewards with the potential growth of cryptocurrency.<br/><br/>As of the latest information, the live price of SocialGood (SG) is around $0.02653 USD, with a 24-hour trading volume of $981.34 USD2. The SG token is listed on major crypto exchanges, making it accessible for users to trade1. The app has over 2 million users and is growing, as it offers a minimum of 200% crypto rewards as cashback every time you shop, which is quite an attractive offer for those who are into both shopping and cryptocurrency.<br/><br/>Join here: https://bit.ly/3UVy17h
⏲ 1:0 👁 245K
Website-building platform Squarespace announced it will go private in a $6.9 billion all-cash deal with private equity firm Permira. Permira will pay $44 per share, a 30% premium over Squarespace's unaffected stock price. Squarespace struggled as a public company, opening below its reference price and never trading above its IPO price. Major shareholders approved the deal and will remain investors after the acquisition. The deal marks a trend of smaller tech companies going private after difficulties in the public markets.
⏲ 0:36 👁 680K
The popular cryptocurrency exchange Coinbase suffered a system-wide outage early Tuesday morning. Users could not access Coinbase and received a \
⏲ 0:34 👁 225K
Comcast to Bundle , Peacock, Netflix and Apple TV+.<br/>On May 13, Comcast chief Brian Roberts announced the company's newest bundle, StreamSaver, NBC News reports. .<br/>Peacock, Netflix and Apple TV+ will be <br/>included in the bundle \
⏲ 1:31 👁 9.9M
Solar-panel installation firms are reporting a four-fold increase in orders in comparison to previous years. Ruth Jackson-Kirby explains how solar can help keep your energy bill down.
⏲ 2:9 👁 250K
Investing in crypto can be attractive, but where should you start? Here is a breakdown of digital currencies from Pepe to Ethereum.
⏲ 6:6 👁 10.4M
Drying your clothes is trickier in the winter so we’ve looked at a couple of alternatives to the washing line, a dehumidifier and tumble dryer - to find out which one is cheaper
⏲ 2:29 👁 405K
1. TURN OFF STANDBY APPLIANCES<br/>Your devices might still be using small amounts of power. Even if they’re on standby mode.<br/><br/>2. DON’T BE SO HOT<br/>Turn your thermostat down. We get it, it’s nice to be toasty. But turning your heating down by just one degree could lower your bill.
⏲ 1:44 👁 170K
McDonald's plans to launch a limited-time $5 meal promotion starting on June 25th that will last around a month. The promotion aims to win back customers who have cut back on fast food visits due to recent price hikes across many chain's menus. McDonald's sales growth has slowed as inflation has increased costs of food and labor. McDonald's CEO said keeping prices affordable is a priority to get customers back as they carefully watch every dollar spent.
⏲ 0:30 👁 120K
Consumer Outlook , Plunges Amid Fears of , More Price Hikes Ahead.<br/>CNN reports that sentiment about the economy among <br/>consumers in the United States has plummeted <br/>to the lowest level in the past six months.<br/>According to the latest consumer survey by the <br/>University of Michigan, consumers are also bracing <br/>for more price increases in the year ahead. .<br/>The consumer expectations gauge, <br/>which is closely monitored by the White House, <br/>dropped 13%, representing the most significant <br/>single month decline since mid-2021.<br/>The latest news is still better than <br/>last May when inflation was at 4% <br/>compared to the current 3.5% reading.<br/>However, CNN points out that despite inflation <br/>being lower than the same time last year, the numbers <br/>have been moving in the wrong direction.<br/>The trajectory has shifted <br/>economist expectations for <br/>the Federal Reserve to cut rates. .<br/>The latest Fed report saw expectations <br/>for year-ahead inflation increase <br/>to 3.5% from the 3.2% forecast in April. .<br/>At the same time, long-run <br/>expectations for inflation also <br/>increased to 3.1% from April's 3.0%. .<br/>According to Chicago Federal Reserve <br/>President Austan Goolsbee, the latest data , \
⏲ 1:31 👁 2.3M
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