The Verge

Disney Plus and Hulu are getting steep price hikes

Disney has announced that it’s raising the price of Disney Plus to $10.99 / month, up from its current price of $7.99 / month, starting December 8th in the US. The move comes as the company is looking to restructure its pricing options, which will soon include a $7.99 / month ad-supported tier.
US News and World Report

Pelosi Says U.S. House Will Pass Inflation Reduction Act on Friday

WASHINGTON (Reuters) - U.S. House Speaker Nancy Pelosi said on Wednesday the House of Representatives would pass the Inflation Reduction Act on Friday. In a letter to Democratic colleagues, Pelosi called the $430 billion climate, tax and healthcare bill approved by the Senate over the weekend "life-changing legislation." (Reporting by...

U.S. inflation at 8.5 percent, slips from from 40-year high

WASHINGTON (AP) — Falling gas prices gave Americans a slight break from the pain of high inflation last month, though the surge in overall prices slowed only modestly from the four-decade high it reached in June. Consumer prices jumped 8.5% in July compared with a year earlier, the government...

FDA warns Amazon, two other companies to cease unlawful sale of mole, skin tag removers

The FDA has issued warnings to three companies for selling unapproved products to remove moles or skin tags, according to a press release. Warning letters were sent to Amazon, Ariella Naturals and Justified Laboratories, which are all said to be in violation of the Federal Food, Drug and Cosmetic Act by selling products that claim to remove moles or skin tags.
The Verge

Elon Musk changes plans, sells $6.9 billion in Tesla shares with Twitter trial looming

With so much of the world’s richest man’s wealth tied up in shares of his electric car company, Tesla is a part of the deal Elon doesn’t want to do anymore for more reasons than just a few subpoenas. Six SEC filings (1, 2, 3, 4, 5, 6) revealed Elon Musk sold more Tesla shares over the last few days, which is surprising given Musk’s tweet saying, “No further TSLA sales planned after today,” after he sold off $8.4 billion worth in April.

US Inflation rate dips to 8.5 per cent in the past year, down from 40-year high

The inflation rate in the United States for the past 12 months took a slight dip from its 40-year high for the month of July, rising by only 8.5 per cent, according to the Bureau of Labor Statistics. The latest Consumer Price Index summary showed that the monthly CPI for All Urban Consumers did not change after it increased 1.3 per cent in June. The index for gasoline, which was previously the biggest driver for inflation, dropped 7.7 per cent, while the energy index fell 4.6 per cent as the index for electricity increased. The drop in gasoline...

Democrats named massive spending bill ‘Inflation Reduction Act’ to ‘gaslight’ Americans: Missouri Treasurer

During an interview on "Cavuto: Coast to Coast," Wednesday, Missouri State Treasurer Scott Fitzpatrick provides perspective on Democrats' attempt to reduce painful inflation rates impacting Americans, arguing that only the "Democratic Party of today" would deceptively name a colossal spending bill the "Inflation Reduction Act." SCOTT FITZPATRICK: You know, only...