Ford Motor’s decision to lower the starting prices of some all-electric F-150 Lightning pickup trucks comes as a surprise to many. The automaker faced quality issues that led to a halt in shipments in early February. However, the company is now preparing to resume shipping these vehicles later this month at reduced prices. The models
The trailer launch for Paramount’s Smile 2 at CinemaCon took many attendees by surprise with its unexpected storyline. While the images on screen initially gave off a Lady Gaga concert vibe, it quickly transitioned into a horror narrative featuring Naomi Scott as a pop star facing terrorizing smiling fans and associates. The director, Parker Finn,
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Marvel Studios fans are eagerly anticipating the release of the new movie, Captain America: Brave New World, scheduled for 2025. However, exhibitors at CinemaCon were treated to an exclusive sneak peek ahead of the general public. The film, starring Anthony Mackie as Sam Wilson aka Captain America, picks up after the events of the popular
Auto insurance costs have been steadily increasing, leading to inflation accelerating at a faster rate than expected. In March, consumer price index data revealed a monthly rise of 2.7% and a year-over-year increase of 22.2% in car insurance prices. This increase has been attributed to various factors, including the high prices for new and used
Investor Vinod Khosla and Palantir advisor Jacob Helberg have recently penned an open letter calling on senators to pass a bill that would force the divestiture of Bytedance-owned TikTok in the U.S. Their main argument revolves around the assertion that TikTok is a “weapon of war” and therefore poses a significant national security threat. They
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The CME Fedwatch tool reported a significant decrease in the expectations for a June rate cut by the Federal Reserve. Traders are now pricing in only a 17.5% chance of a 25 basis point rate cut, a sharp decline from the 61.1% probability last week. On the other hand, the likelihood of a rate hold
China’s commercial property sector is experiencing a mix of demand amidst an overall downturn in the real estate market. In Beijing, prime retail rents are on the rise, marking the fastest increase since 2019, as reported by property consultancy JLL. The first quarter of this year saw a 1.3% jump in rents compared to the
Microsoft is gearing up to introduce innovative artificial intelligence tools for both PCs and cloud services at its annual Build conference. The company’s focus on AI integration in everyday technology is evident in its upcoming plans for the event, as outlined in a recent session list. One of the key objectives for Microsoft at the
John Slattery, the chief commercial officer of GE Aerospace, has announced his decision to step down from the jet engine maker in June. Despite his departure from this role, Slattery will remain an adviser to the company. This transition comes as part of CEO Larry Culp’s restructuring efforts within the organization. Slattery, an Irish-born industry
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