Category: News and Trends
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'Revenge Spending' Is Showing Signs of Cooling — Good for Inflation, Bad for Some Businesses
When the lockdown subsided and businesses opened up again, so did wallets — causing a surge in “revenge spending.” Now, that pattern of consumer spending is cooling, which may help inflation but could put a dent in some of the “revenge categories” (like hospitality) that have rebounded since the pandemic.
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Check Fraud Is On the Rise. Here's How to Avoid Being a Victim.
The U.S. Department of Treasury estimates that instances of check fraud increased more than 80% between 2021 and 2022.
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14-Year-Old Software Engineer Hired by SpaceX Is Still Too Young to Be on LinkedIn: 'This Is the Illogical, Primitive Nonsense That I Face Constantly'
Kairan Quazi entered college at the age of 9. Now he is set to graduate from Santa Clara University’s School of Engineering.
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Energy Drink Company Slams Rumors That Its Beverage Contains Weight Loss Drug
Celsius was founded in 2017 but gained mass popularity earlier this year.
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'Selfishly Screaming for You to Stay': Fans Mourn Surprise Retirement of Beloved 'Wheel of Fortune' Host Pat Sajak
Sajak has hosted “Wheel of Fortune” since its debut in 1981.
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Instant Brands Files for Bankruptcy, Points to 'Tighter Credit Terms' and 'Higher Interest Rates'
The company behind Instant Pot and Pyrex glassware has filed for Chapter 11 bankruptcy.
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Former Dippin' Dots CEO Arrested While Naked After Allegedly Assaulting Girlfriend
Scott Fischer served as CEO of Dippin’ Dots from 2012 until 2022.
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Westfield to Give Up San Francisco Mall Due to 'Challenging Operating Conditions'
The news comes a month after the mall’s biggest retailer, Nordstrom, announced it would not be renewing its lease at the San Francisco shopping center, closing up shop by August.
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'Literally Everything Is Possible': Twitter CEO Linda Yaccarino Pens First-Ever Letter To Employees About 'Transformation'
Yaccarino was announced as the new Twitter CEO on May 12.
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'Massive Grave of Dead Fish': What's Happening on Texas Beaches?
Here’s why thousands of dead fish washed up on Texas beaches this weekend.