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Allie Canal
Posts
Live Nation illegally monopolized ticketing market, jury in antitrust trial finds
A jury in a high-stakes antitrust trial on Wednesday found that Live Nation and its subsidiary, Ticketmaster, illegally maintained monopoly power in the ticketing market
Rising gas prices are driving fresh interest in EVs — but affordability is a major barrier
Soaring gas prices are renewing Americans' interest in EVs and hybrids. But U.S. prices and China’s dominance abroad complicate the picture.
Prediction markets promised more clarity in elections. The reality is messier.
Heading into the midterm elections, investors and political observers are turning to prediction markets like Kalshi and Polymarket to gauge who might win.
The Iran war has already hit your gas budget. Here’s what it’s coming for next.
The U.S.-Iran war has begun cutting into discretionary spending, raising mortgage rates, battering stock markets and souring consumer sentiment.
The Iran war’s looming economic threat: Higher food prices
The ongoing war in Iran is disrupting fertilizer shipments through the Strait of Hormuz, raising farmers' costs and pushing food prices higher.
Trump’s war on Iran creates an economic storm for consumers and the Fed
Inflation held steady in February — but offered little clarity for Federal Reserve officials navigating an economic landscape altered by the Iran war.
Iran-U.S. war chokes key shipping lane and threatens global cargo industry
The war in Iran is choking off a key shipping route in the global supply chain, potentially leading to massive delays in the flow of…
AI giant Nvidia made $120 billion in profit last year. Investors are still spooked.
Nvidia generated a staggering $120 billion in profits last year. But not even the world's most valuable company is immune to the "AI scare trade."
Warner Bros. Discovery says Paramount’s offer is ‘superior’ to Netflix deal
Warner Bros. Discovery's board of directors said Thursday that Paramount Skydance's latest offer to acquire the company, including its cable networks, is "superior" to its…
Warner Bros. Discovery says new Paramount bid could best Netflix offer
Warner Bros. Discovery said Paramount Skydance's new bid for the entire company "could reasonably be" superior to Netflix's deal.