Author: Daniel snow

Growing up, Gabrielle Heyman, 53, did not know what she wanted to do with her life.”I thought that I wanted to be in film when I was younger because I’m from L.A. and I have family in film,” she says. “But then when I tried it, I found people were just really mean,” especially to those in the assistant positions she was taking.It was while working as an assistant at CBS in 1998 that she decided to apply for a job at the company doing sales for online campaigns. “It was the dawn of the internet,” she says, “so they…

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Elon Musk speaks during a press event with U.S. President Donald Trump (not pictured), at the White House in Washington, D.C., U.S., May 30, 2025.Nathan Howard | ReutersElon Musk on Tuesday tore into the massive tax-and-spending-cut bill backed by President Donald Trump, calling it a “disgusting abomination” that will explode federal budget deficits.”I’m sorry, but I just can’t stand it anymore,” the Tesla and SpaceX CEO wrote in a post on his social media site X.”This massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination,” added Musk, who until last week led the Trump administration’s DOGE effort to cut…

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America has a new favorite grill and bar chain.For the first time, Chili’s overtook Applebee’s in terms of U.S. systemwide sales in 2024, according to Technomic.Data from the restaurant tracking firm shows that from 2021 to 2024, Chili’s grew U.S. sales from about $3.6 billion to $4.6 billion, while Applebee’s $4.1 billion U.S. sales were about flat over that same time period.In their most recently reported fiscal quarters, Chili’s saw its same-store sales spike 31%, while Applebee’s domestic same-store sales fell 2.2%. The first quarter of 2025 was Applebee’s eighth consecutive quarter of declines. “When you look at the long-term historical…

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The multitrillion-dollar tax and spending package House Republicans passed last month is heading to the Senate, with lawmakers hoping to pass a finalized bill by July 4.If passed in its current form, the bill — dubbed the “One Big Beautiful Bill Act” — would, among other measures, make President Donald Trump’s 2017 tax cuts permanent and add new tax breaks for tipped and overtime workers as well as older Americans.The bill’s critics are hoping it may see some change’s in Congress’s upper house. Those include six Nobel-prize winning economists, who this week penned an open letter published through the Economic…

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The Trump administration paused its plan to garnish Social Security benefits for those who have defaulted on their student loans — but says borrowers’ paychecks are still at risk.”Wage garnishment will begin later this summer,” Ellen Keast, a U.S. Department of Education spokesperson, told CNBC.Since the Covid pandemic began in March 2020, collection activity on federal student loans had mostly been on hold. The Biden administration focused on extending relief measures to struggling borrowers in the wake of the public health crisis and helping them to get current.The Trump administration’s move to resume collection efforts and garnish wages of those behind on their student…

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Lisa Cook, governor of the US Federal Reserve, speaks during a Fed Listens event in Washington, DC, US, on Friday, March 22, 2024. Al Drago | Bloomberg | Getty ImagesFederal Reserve Governor Lisa Cook expressed concern Tuesday with the progress on inflation, saying recent lower readings could reverse after tariffs work their way through the economy.In addition, Cook said she expects President Donald Trump’s moves on trade policy could take a toll on the labor market, though she noted that the economy for now is in relatively good shape.”I do not express views on the Administration’s policies. But I do study…

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