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If the Economy Is Shaky, Why Are Company Profits Still Strong?

In its earnings report, Ally Bank, a big auto loan maker, provided data on past-due auto loans in the second quarter for borrowers at a range of income levels. Past-due […]




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Climate Bill ‘Transformative’ for Auto and Energy Industries

“A big swath of middle-class Americans will be able to get this credit that otherwise would have been blocked out because of the credit limit,” said Joe Britton, executive director […]










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How to Cope With Rising Rates and Inflation

Important pieces of information arrived over the last few days, but they do nothing to clear away the fog blanketing the markets and the economy.Is the economy lurching into a […]




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A startup is charging $1.99 for strings of text to feed to DALL-E 2

Figuring out the right text prompts to yield the best results with AI systems like OpenAI’s DALL-E 2 has become a science in its own right. Now a startup is […]




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Will Volkswagen’s new CEO hamstring its EV push?

Volkswagen dropped a bombshell announcement late last week: Herbert Diess was out as CEO. As a manager, Diess was controversial, with a style that chafed both executives and labor leaders […]




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Kompliant secures $14M to help companies tackle financial compliance challenges

Kompliant, a startup delivering an “AI-driven” business onboarding and risk scoring platform, today announced that it raised $14 million in a seed round led by Level One Fund with contributions […]




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HBO Max and Hulu will share custody of Emmy-nominated series ‘Abbott Elementary’

In a bit of an unusual agreement, Warner Bros. Discovery announced that HBO Max will have joint streaming custody of the comedy series “Abbott Elementary” with Disney+’s sister streaming service […]