>>Consumer Sentiment Falls In October
(Ann Arbor, MI) -- Consumer sentiment is falling on inflation worries. The University of Michigan's final reading for October fell about six percent after two months of very little change. The survey noted the decline was driven largely by higher income consumers and reflects recent weakness in the stock market. Year-ahead inflation expectations rose one percent to their highest reading since May.
>>27 Customers Claim Salem Jeweler Stole Up To $800K Worth Of Gems, Jewelry
(Portland, OR) -- More victims have come forward in the case of the Salem jeweler arrested for allegedly stealing customers gems. Timeless Jeweler owner Douglas Wayne Gamble was arrested for allegedly stealing customers gems and replacing them with reproductions and other questionable practices. It cost customers between seven and eight hundred thousand dollars. Police say 18 more people have come forward saying Gamble stole from them. Police are asking any other potential victims to call Salem police.
>>GDP Rises Faster Than Expected
(Washington, DC) -- U.S. GDP is rising faster than expected this quarter. The GDP, or gross domestic product, is a measure of all goods and services produced in the economy. According to figures released Thursday, it rose four-point-nine percent from July through September, up from only an unrevised two-point-one percent pace. That's according to the Commerce Department. Economists attribute the sharp uptick to higher consumer spending, higher inventories, exports, residential investment and government spending.
>>Ford Says UAW Strike Cost $1.3-Billion
(Dearborn, MI) -- The United Auto Workers strike cost Ford Motor Company one-point-three-billion-dollars over its 41 days. The automaker it lost 400-million a week since the strike began September 15th and ended with the tentative contract agreement on Wednesday. Ford chief financial officer John Lawler says the company will stay profitable with the deal, but labor costs per vehicle will rise between 850 and 900 dollars. The UAW is still negotiating with General Motors and Stellantis.
>>Some Progress Seen During SAG-AFTRA Talks
(Los Angeles, CA) -- The actors union says they made some progress during Thursday's negotiations with major Hollywood studios. SAG-AFTRA members have reduced their demand for a first-year increase in minimum rates and said their focus is on "negotiating in good faith to secure a fair deal" for actors. The actors union and studio executives are still at odds on other issues, including the use of A-I and digital replicas. Both sides are expected to continue negotiations on Friday. Actors have been on strike since July 14th.
>>23andMe Denies Hack But Disables Feature
(South San Francisco, CA) -- Genetic testing company 23andMe is disabling one of its features after worldwide reports of a data breach. The company says it has temporarily disabled parts of its DNA Relatives feature, which allows users to share ancestry information with users around the world. The move was made after someone stole data that some users shared while using the feature. 23andMe denies there was a data breach, and says the hackers only got into the accounts of users who didn't change their login information after being hacked on other accounts.
>>Domino's Gives Away Free Pizzas For Those Paying Off Student Loans
(St. Louis, MO) -- Domino's is giving away free pizzas to those paying off student loans. The Emergency Pizzas for Student Loans program is an offshoot of the restaurant's existing Emergency Pizzas initiative. The chain is providing a limited number of free pizza codes until one-million-dollars worth of codes have been claimed. Domino's executive Kate Trumbull said that in the wake of student loan payments resuming for millions, the chain wanted to help in its own ways. She said "When life gives you loans, Domino's gives you free pizza."
