After decades of growth, California is starting to see a dip in its massive population. This dip in numbers comes four years after the COVID-19 pandemic swept through the US. While many left the state for several reasons, they have yet to seem to return to California. And there is a clear reason as to why. The Big Boom for California Source: Orange County Archives/Flickr California has been in a state of growth and economic expansion in the decades after World War II. The state became the most populous state in 1962. However, this growth slowed down as the 1970s…
Author: Alyssa Miller
Another popular company is closing its doors. Boscia decided to close its doors after two decades in the beauty business, citing low profits and consumer habits as the reason behind its decision. Boscia is one of the many brands and services to close its doors in the last year, but the beauty brand did so without filing for bankruptcy. What Is Boscia? Source: Source: Boscia/Instagram Boscia is a company that has a product in almost every millennial’s skincare ritual, with its most popular product being the Boscia charcoal mask. It was notable for its gentle and effective properties. These same…
On a Tuesday morning in March, comedian Sarah Suzuki Harvard was taking an evening walk home down Delancey Street in lower Manhattan. Without warning, someone punched Harvard in the back of the head. When Havard turned to confront her attacker, the man was running away. Unfortunately, this isn’t an isolated attack. It’s been happening to women all over New York City. In New York City, Women Are Experiencing “Punches to the Face” Source: Jill Burke/TikTok Women are taking to TikTok to urge women to stay aware of their surroundings after several people reported similar stories of an unidentified man punching…
A Danish man is sentenced to 18 months in prison after being found guilty of fraudulently profiting from royalties on hundreds of tracks on music streaming sites. The court found the 53-year-old consultant guilty of data fraud and copyright infringement for using bots to listen to his music through fake profiles on popular music streaming platforms like Apple Music and Spotify, generating about 2 million Danish kroner ($290,000). The copyright infringement found that the consultant used edited versions of other musicians’ work and profited from it. Prosecutors accused the man of taking others’ work, changing their length and tempo, and…
After convicting him of real estate fraud, the court sentenced a former reality TV star of “Flip It to Win It” to four years in jail and ordered him to pay $9.4 million in restitution fees. The 58-year-old Charles “Todd” Hill, who starred in the renovation competition series, will remain in jail while he pays back all of his victims. The Multiple Fraud Scheme Source: Pixabay Prosecutors said Hill, residing in Los Gatos, admitted to “grand theft against all victims” and acknowledged the aggravated white-collar enhancements, leading to his indictment in 2019 for committing “multiple fraud schemes” the previous September.…
Dan Rather, the disgraced former CBS anchor, has returned to network news for the first time in nearly two decades. Rather received an invitation to appear in an interview about his time at the network and the rise and fall of his journalistic career. Over his career, he had many notable moments that changed how news was reported in the United States. Dan Rather’s Early Career Source: brotiN biswaS/Pexels Dan Rather began his journalism career in Texas and quickly gained national recognition after his reporting saved thousands of lives during Hurricane Carla in 1961. His national broadcast helped initiate the…
Millennials are now the wealthiest generation among Americans under 40 years old. New research reveals that adults aged 28 to 43 are increasing their wealth. Over the last five years, millennials saw their wealth increase faster than any other generation in the data series’ history. What Is the CAP? Source: Timothy Krause/Wikimedia Commons Since the late 1980s, the Center for American Progress (CAP) has tracked quarterly estimates of the distribution of U.S. household wealth. By CAP’s definition, household wealth is an accumulation of stocks, bank accounts, and real estate minus liabilities including mortgages and student-loan debt. Despite almost a decade…
In an attempt to see a major profit by the end of the next quarter and to gain the trust of more investors, Netflix is threatening to close its non-ad-supported accounts. This announcement comes after Netflix announced that it would be removing the Basic non-ad-supported tier, which is the cheapest ad-free option. Netflix Eliminates Basic Ad-Free Plan Source: Freestocks/Unsplash On Tuesday, the streaming service sent out a letter to shareholders announcing that it would continue to grow by cracking down on password sharing and phasing out its $11.99 ad-free option. This news comes after Netflix told investors that it would…
Streaming was all the rage during COVID-19. People who were stuck at home were enjoying the vast libraries of entertainment–new and old–and entertainment giants saw streaming as a gold mine. Then, lockdown ended and streaming services no longer seemed to be the golden egg that many companies thought it would be. This is what led to the current fallout of the streaming bubble. The Pipe Dream of Streaming Source: cottonbro studio/Pexels While the entertainment industry is still trying to recover from the effects of COVID-19, streaming services have become a significant financial setback, and the television streaming model is facing…
After laying off around 1,500 employees in December 2023, Spotify is starting to feel the consequences of working with a smaller team. In the first quarter of the year, analysts found that the music streaming giant Spotify failed to meet its guidance on profitability and monthly active user growth. Spotify’s Massive Round of Layoffs Source: master1305/Freepik Despite creating a new deal with Universal Music Group to pioneer a fresh approach to music discovery, Spotify needed to make the streaming service more efficient. One way of achieving this was through the company’s largest round of layoffs. HR Grape Vine reports that…