Companies are blaming a new culprit for earnings woes: Electricity costs

Companies are blaming a new culprit for earnings woes: Electricity costs




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Streaming surpasses combined broadcast and cable viewing for first time ever
Business

Streaming surpasses combined broadcast and cable viewing for first time ever

Streaming has outpaced the combined share of broadcast and cable TV viewing for the first time ever, according to a new Nielsen report. Streaming represented 44.8% of total TV viewership in May, its largest share to date, while broadcast (20.1%) and cable (24.1%) combined represented 44.2% of TV viewing, according to Nielsen’s The Gauge monthly report. Compared with […]

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Homebuilder sentiment nears pandemic low as economic uncertainty plagues consumers
Business

Homebuilder sentiment nears pandemic low as economic uncertainty plagues consumers

Homes under construction at the Toll Brothers Preserve at Folsom Ranch community in Folsom, California, US, on Thursday, March 6, 2025. T Bloomberg | Bloomberg | Getty Images Higher mortgage rates and uncertainty in the broader economy continue to weigh on consumers — and consequently on the nation’s homebuilders. Builder sentiment in June dropped 2 […]

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GM unveils quickest Corvette ever with ZR1X ‘hypercar’ going 0-60 mph in less than two seconds
Business

GM unveils quickest Corvette ever with ZR1X ‘hypercar’ going 0-60 mph in less than two seconds

2026 Chevrolet Corvette ZR1X with Carbon Aero package GM DETROIT — General Motors is once again expanding its Corvette lineup with a new high-performance, hybrid variant of the quintessential American sports car. The Detroit automaker on Tuesday revealed the 2026 Chevrolet Corvette ZR1X “hypercar” — a souped-up version of the Corvette E-Ray hybrid that went […]

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