How can a system so flawed be so powerful? Again, no one can opt out, so the consumer base is built in. The for-profit companies have no motivation to provide any real service for consumers. "One of the reasons that [errors] keep happening is that they can get away with it — they are an oligopoly, you can't pick between them, like you can with mobile carriers, says Wu. * All a consumer can do in the current system is dispute any errors, which relies on consumers knowing their rights and ...

How can a system so flawed be so powerful? Again, no one can opt out, so the consumer base is built in. The for-profit companies have no motivation to provide any real service for consumers. "One of the reasons that [errors] keep happening is that they can get away with it — they are an oligopoly, you can't pick between them, like you can with mobile carriers, says Wu. * All a consumer can do in the current system is dispute any errors, which relies on consumers knowing their rights and ...

Various coalitions have also emerged in recent years to give consumers the option to responsibly dispose of their devices. Puckett helped launch the e-waste recycling initiative e-Stewards, for example, which certifies and audits electronics recyclers to make sure they are properly disposing of e-waste using "very rigorous standards." With this tool, consumers can look up nearby recycling centers. SERI also offers an online tool to find a certified recycling center. Jeff Seibert, the chief pr...

Various coalitions have also emerged in recent years to give consumers the option to responsibly dispose of their devices. Puckett helped launch the e-waste recycling initiative e-Stewards, for example, which certifies and audits electronics recyclers to make sure they are properly disposing of e-waste using "very rigorous standards." With this tool, consumers can look up nearby recycling centers. SERI also offers an online tool to find a certified recycling center. Jeff Seibert, the chief pr...

Within 24 hours, the ministry had taken the commercial off the air and asked Twitter and YouTube to remove it from their platforms. In an email to Twitter, the ministry said the videos were "detrimental to the portrayal of women in the interest of decency and morality" and violated the digital media ethics code. In a statement Monday, Layer'r Shot apologized for the television advertisement, saying it "never intended to hurt anyone's sentiments or feelings or outrage any woman'...

Within 24 hours, the ministry had taken the commercial off the air and asked Twitter and YouTube to remove it from their platforms. In an email to Twitter, the ministry said the videos were "detrimental to the portrayal of women in the interest of decency and morality" and violated the digital media ethics code. In a statement Monday, Layer'r Shot apologized for the television advertisement, saying it "never intended to hurt anyone's sentiments or feelings or outrage any woman'...

BOTTOM LINE These initiatives are all crucial for Netflix's bottom line, but they also undermine the goodwill Netflix has built with viewers who have long appreciated its innovations — like its freakishly accurate suggested watches, the "skip intro" button, trending lists, the "shuffle" function for when you're overwhelmed and just want the bots to choose something for you. * "The original consumer proposition, which was incredibly great value, is now flipping on its head," media an...

BOTTOM LINE These initiatives are all crucial for Netflix's bottom line, but they also undermine the goodwill Netflix has built with viewers who have long appreciated its innovations — like its freakishly accurate suggested watches, the "skip intro" button, trending lists, the "shuffle" function for when you're overwhelmed and just want the bots to choose something for you. * "The original consumer proposition, which was incredibly great value, is now flipping on its head," media an...

By September, countries would have to update their national gas reduction plans to show how they will meet the new target. The measures come just one day before officials worry Gazprom, Russia's state gas company, may refuse to re-start deliveries through the Nord Stream 1 pipeline. Nord Stream 1 has been shut over the past 10 days for routine maintenance. EU Commission President Ursula von der Leyen said Wednesday that a total shut off of Russian gas was a "likely scenario." * "Russia i...

By September, countries would have to update their national gas reduction plans to show how they will meet the new target. The measures come just one day before officials worry Gazprom, Russia's state gas company, may refuse to re-start deliveries through the Nord Stream 1 pipeline. Nord Stream 1 has been shut over the past 10 days for routine maintenance. EU Commission President Ursula von der Leyen said Wednesday that a total shut off of Russian gas was a "likely scenario." * "Russia i...

The two candidates jostling to become the next prime minister of the United Kingdom are making big promises about rescuing the country's economy. It won't be an easy task. Rishi Sunak and Liz Truss, two politicians for the country's Conservative Party, are in the final running to replace Boris Johnson after his resignation earlier this month — and face an uphill struggle to revive an economy battling record inflation, anemic growth and labor shortages. Starting last year, soari...

The two candidates jostling to become the next prime minister of the United Kingdom are making big promises about rescuing the country's economy. It won't be an easy task. Rishi Sunak and Liz Truss, two politicians for the country's Conservative Party, are in the final running to replace Boris Johnson after his resignation earlier this month — and face an uphill struggle to revive an economy battling record inflation, anemic growth and labor shortages. Starting last year, soari...

Charging desertsThen I began to notice something. As I drove through North Carolina and then South Carolina, the little markers on the map screen indicating available chargers became fewer and fewer. During some fairly long stretches there were none showing at all. It wasn't an immediate concern, though. The EQS's navigation wasn't calling for me to a charge up again until I'd nearly reached the Georgia border. By that point I would have about 11% of my battery charge rema...

Charging desertsThen I began to notice something. As I drove through North Carolina and then South Carolina, the little markers on the map screen indicating available chargers became fewer and fewer. During some fairly long stretches there were none showing at all. It wasn't an immediate concern, though. The EQS's navigation wasn't calling for me to a charge up again until I'd nearly reached the Georgia border. By that point I would have about 11% of my battery charge rema...

"As we are building out our discovery engine ... I want to be clear that we are still a social company," Zuckerberg said. He added that currently around 15% of content on users' Facebook feeds (and slightly more on Instagram) is recommended by artificial intelligence from accounts they don't follow. It expects those number to more than double by the end of next year. Meta chief operating officer Sheryl Sandberg attempted to reassure investors during Wednesday's call — which wil...

"As we are building out our discovery engine ... I want to be clear that we are still a social company," Zuckerberg said. He added that currently around 15% of content on users' Facebook feeds (and slightly more on Instagram) is recommended by artificial intelligence from accounts they don't follow. It expects those number to more than double by the end of next year. Meta chief operating officer Sheryl Sandberg attempted to reassure investors during Wednesday's call — which wil...

There's still a shortage of workersThe labor force participation rate ticked down to 62.1% from June's 62.2%, its third decline in as many months. While labor demand remains incredibly strong, the supply of workers isn't bouncing back like it was at the beginning of this year, Bunker said. "There are concerns that demand remains very strong, but workers' ability or willingness to take jobs is not as responsive to demand as some of us might have hoped," he told CNN Business...

There's still a shortage of workersThe labor force participation rate ticked down to 62.1% from June's 62.2%, its third decline in as many months. While labor demand remains incredibly strong, the supply of workers isn't bouncing back like it was at the beginning of this year, Bunker said. "There are concerns that demand remains very strong, but workers' ability or willingness to take jobs is not as responsive to demand as some of us might have hoped," he told CNN Business...

His concerns lie with the Herculean task facing the Federal Reserve. The central bank is rapidly tightening interest rates to throttle inflation, but risks fostering a sharp pullback in economic activity as it boosts borrowing costs. While the Fed is hopeful it can engineer a so-called "soft landing," where inflation comes down without a recession, Summers is skeptical. "When inflation has been high and unemployment has been low, soft landings represent a kind of triumph of hope over experien...

His concerns lie with the Herculean task facing the Federal Reserve. The central bank is rapidly tightening interest rates to throttle inflation, but risks fostering a sharp pullback in economic activity as it boosts borrowing costs. While the Fed is hopeful it can engineer a so-called "soft landing," where inflation comes down without a recession, Summers is skeptical. "When inflation has been high and unemployment has been low, soft landings represent a kind of triumph of hope over experien...

While lower prices and markdowns are welcome news for shoppers, they mean lower profit for companies. Clothing and general merchandise are more profitable for Walmart than groceries and consumable items. * Walmart in its announcement Monday cut its profit outlook for the second quarter and the remainder of the year. * The company's stock fell 8% during early trading Tuesday. Amazon (AMZN), Target (TGT) and other retailers' stocks also dropped following the news from Walmart.

While lower prices and markdowns are welcome news for shoppers, they mean lower profit for companies. Clothing and general merchandise are more profitable for Walmart than groceries and consumable items. * Walmart in its announcement Monday cut its profit outlook for the second quarter and the remainder of the year. * The company's stock fell 8% during early trading Tuesday. Amazon (AMZN), Target (TGT) and other retailers' stocks also dropped following the news from Walmart.

Wealthier consumers aren't necessarily tightening their beltsStill, even though the wireless behemoths and two top credit-card companies all noted the increased pressure on average American consumers, one company with a focus on higher net worth individuals is still holding up well. American Express (AXP) reported earnings that topped forecasts Friday, news that sent its stock up more than 4%. CEO Stephen Squeri said in the earnings release that a "robust rebound" in travel and entertain...

Wealthier consumers aren't necessarily tightening their beltsStill, even though the wireless behemoths and two top credit-card companies all noted the increased pressure on average American consumers, one company with a focus on higher net worth individuals is still holding up well. American Express (AXP) reported earnings that topped forecasts Friday, news that sent its stock up more than 4%. CEO Stephen Squeri said in the earnings release that a "robust rebound" in travel and entertain...