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Across all video streaming services, including Netflix, Paramount and Walt Disney, downloads and monthly active users (MAU) declined 4% in aggregate, according to the note. Netflix saw a decline of 6% in downloads and 8% in MAU, while Disney's downloads fell by 26% and MAU by 10%.
New York state's top prosecutor on Monday sued Heartbeat International, an anti-abortion group, and 11 crisis pregnancy centers, accusing them of misleading and potentially endangering women by claiming that they can provide a treatment reversing the effect of the abortion pill mifepristone. In the lawsuit, New York Attorney General Letitia James asked a state court in Manhattan to block Heartbeat International and the centers, located across New York state and whose mission is to discourage women from having abortions, from advertising abortion pill reversal on their websites or anywhere else and award an unspecified amount of money damages.
There was no immediate comment from Israel on the deal, and details of the proposal have not yet been released.
Palestinian civilians rushed to flee parts of Rafah on Monday after the Israeli military told some 100,000 people to leave the southern Gaza city, a possible signal that a long-feared ground offensive could be imminent with talks for a last-ditch truce deal stalled.
Colorado lawmakers passed a sweeping bill Monday to overhaul the state’s lax oversight over funeral homes after a series of horrific incidents, including sold body parts, fake ashes and the discovery of 190 decaying bodies. The cases have devastated hundreds of already grieving families and shed a glaring spotlight on the state’s funeral home regulations, some of the weakest in the nation. The bill will go to Democratic Gov. Jared Polis’ desk for a signature after final changes in the state Senate are considered by the House.
Around 90% of the revenues generated from Russian frozen assets should be spent on arms purchases for Ukraine, Chancellor Olaf Scholz said on Monday, supporting an earlier EU proposal to use Russian assets' interest payments to boost Ukraine defence. "It is important that we also agree that this money can be used for arms purchases not only in the EU, but for purchases worldwide," Scholz told journalists after a meeting with members of the three Baltic countries governments in Riga. In March, the European Union's foreign policy chief Josep Borrell proposed taking take 90% of revenues from Russian assets frozen in Europe and transfer them to an EU-run fund that finances weapons for Ukraine.
The 700-seat amphitheater at Little Island, a park in Manhattan built above the Hudson River on a series of tulip-shaped concrete columns, will open June 6 with Twyla Tharp’s “How Long Blues” in the choreographer’s first full-length work in a decade. Countertenor Anthony Roth Costanzo will sing all the major roles in a 90-minute remix of Mozart’s “Le Nozze di Figaro (The Marriage of Figaro)” running from Aug. 30 to Sept. 22. Zack Winokur, a 35-year-old director, choreographer and dancer, was announced as producing artistic director on Monday.
Richmond Fed president Tom Barkin said the current level of interest rates will be enough to eventually bring inflation down.
Stocks rallied at the end of last week, getting a boost from a "Goldilocks" jobs report.
Sen. Bernie Sanders announced Monday that he would seek a fourth term in the US Senate, calling the upcoming election cycle “the most important national election in our lifetimes.”
Two astronauts will put the Boeing Starliner through its paces to verify it's ready to begin launching operational crew ferry flights to the space station.
Earnings for the S&P 500 are growing at their fastest rate since 2022 and analysts see that trend continuing into next quarter, setting up a positive backdrop for stocks.
The head of the United Nations World Food Program says northern Gaza has entered “full-blown famine” after nearly seven months of war between Israel and Hamas. Cindy McCain in an NBC interview broadcast Sunday said severe Israeli restrictions on humanitarian deliveries to the territory that has long relied on outside food assistance have pushed civilians in the most isolated, devastated part of Gaza over the brink. Famine was now moving south in Gaza, she said.
Senior officials in Brazil's economic team are signaling a need to curb pension spending in order to shore up public accounts, although their biggest challenge may be convincing President Luiz Inacio Lula da Silva to take such a measure. Despite a sweeping 2019 pension reform, spending on retirements and pension benefits continues to surge, affected by an aging population and Lula's policy of boosting benefits by more than inflation. Treasury Secretary Rogerio Ceron said last week that pension expenses "still deserve attention" and may require "measures that allow the dynamics of this expenditure to have growth compatible with medium- and long-term fiscal sustainability."
The Office of Financial Research (OFR), a U.S. Treasury Department-based research powerhouse, said on Monday it has adopted a final rule that will allow it to collect data on certain transactions in the repurchase agreement (repo) market. Most hedge fund activity in repo markets - where banks and other players such as hedge funds borrow short-term loans backed by Treasuries and other securities - is done bilaterally between brokers and customers. By establishing data collection for non-centrally cleared bilateral transactions, regulators want to improve visibility into this opaque but vital funding market for Wall Street.
A Starbucks barista in Little Rock, Arkansas, was deeply moved thanks to the kindness and generosity of a customer.
Gazans packed their belongings on pick-up trucks, cars and donkey-drawn carts after Israel’s military issued a call for residents there to “evacuate immediately.”
Columbia University, the epicenter of US student protests against the war in Gaza, on Monday cancelled its main graduation ceremony, as colleges seek to contain the demonstrations that have rocked campuses for weeks.- 'Order must prevail' - For many students who graduated from high school during the Covid pandemic, it will be the second such ceremony that is canceled due to external disruption.
Judge Juan Merchan on Monday again cited former President Donald Trump for violating the gag order he imposed on the trial and warned he could face jail "if necessary" for continuing to ignore it.
Since invading Ukraine in 2022, Putin has repeatedly made veiled threats to use tactical nuclear weapons against the West.
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