Disney looks to AI to possibly cut costs
Disney is exploring opportunities for artificial intelligence with a newly-launched task force, unnamed sources told Reuters. The company set up the group in 2023.
Moody's bank rating downgrades are a bit 'overblown': Phil Blancato
Advisor Group chief market strategist Phil Blancato and Whalen Global Advisors Chairman Chris Whalen analyze the financial sector selloff triggered by bank rating cuts on 'The Claman Countdown.'
Wells Fargo, BNP among firms fined $260 million over use of WhatsApp, texts
Regulators issued fines against several financial firms, including Wells Fargo and BNP Paribas, for failing to maintain records of employee communications on unapproved platforms.
Credit card debt hits $1T for the first time ever
Credit card debt surpassed $1 trillion for the first time ever in June as American consumers continued to rely on their cards to cover everyday expenses.
Syrian pharmacy drugs to increase 50% in cost as pound hits new low
As Syria’s economy continues to tumble due to factors such as conflict and Western sanctions, the government has decided to increase the cost of pharmacy drugs by 50%.
Some Americans drowning in credit card debt following the COVID-19 pandemic: survey
Post-pandemic, 35% of Americans said they are carrying their highest level of debt ever; 43% said their debt is close to or at a historic low, according to a Northwestern Mutual survey.
British data regulator investigates Snapchat for allegedly not doing enough to remove underage users
Regulators in the United Kingdom are investigating whether Snapchat is doing enough to remove underage users from its platform. Snapchat is the most popular app for underage users.
Today’s biggest mortgage savings? 10- and 15-year terms at 6.125% | August 8, 2023
Check out the mortgage rates for August 8, 2023, which are largely unchanged from yesterday.
Moody's downgrades US banks, warns of possible cuts to major lenders
Moody's downgraded several small and mid-sized banks and put six major Wall Street lenders on negative watch amid concerns over higher interest rates.
Most financial services execs who work from home would quit if required to return to the office
A majority of financial services leaders who work from home at least some of the time say they would leave their jobs if they were forced back to the office fulltime.
Think tanks sue Biden for $39 billion student loan relief plan
The battle over student loan debt continues as a group of think tanks sues the Biden administration for it's latest $39 billion student loan forgiveness plan.
Two US tech groups side with TikTok in lawsuit against Montana's ban
Two U.S. tech groups backed TikTok's lawsuit seeking to block Montana from enforcing a statewide ban on the social media app before it takes effect next year.
Credit card debt set to hit $1T as inflation continues squeezing Americans
Federal Reserve data released Tuesday is expected to show that U.S. households are carrying $1 trillion in credit card debt, the highest level on record.
Zoom's latest terms of service allows use of customer data for AI efforts
Zoom can use certain customer data for its artificial intelligence efforts after making alterations to its terms of service. Those changes apparently happened in March.
SEC should be approving all spot Bitcoin ETF applications: Grayscale's Michael Sonnenshein
Grayscale Investments CEO Michael Sonnenshein discusses his firm's lawsuit against the SEC for denying its spot Bitcoin ETF on 'The Claman Countdown.'
PayPal bullish on crypto, launches dollar-backed stablecoin
PayPal on Monday rolled out a U.S.-dollar back stablecoin PayPal USD (PYUSD), becoming the first major fintech firm to introduce a digital currency for payments and transfers.
Best stocks to buy if the market dips in August
Bullseye Option chief market strategist Alan Knuckman and Sarge986 President Stephen Guilfoyle predict what's ahead for markets and whether the S&P 500 can top 5000 on 'The Claman Countdown.'
Some consumers max out credit cards without knowing how much they pay to borrow: Survey
Skyrocketing costs also pushed 51% of Americans to increase their reliance on credit cards and why balances have surged in that time period, according to a recent Debt.com survey.
Biden student loan cancellation plan for borrowers who were misled blocked by federal appeals court
President Biden's student loan relief efforts hit another roadblock Monday when a circuit court blocked Department of Education rule changes from taking effect.
Embodied’s AI robot Moxie designed for kids – with limits
New AI technology is aimed at helping children develop emotions and skills via a robot companion designed to support social, emotional and cognitive development.


















