For: April 22, 2025
>>Stocks Fall, Dow Drops Over 950 Points On Investor Concerns
(New York, NY) -- The opening bell rings Tuesday after stocks plunged, closing sharply lower to start the week on Wall Street. Markets began the day in the red and extended losses after President Trump called Federal Reserve Chair Jerome Powell a "loser" and demanded immediate interest rate cuts. Big tech added to the pressure with Tesla, Nvidia [[ in-VID-ee-uh ]] and Amazon falling in a broad sell-off. At the closing bell, the Dow Jones Industrial Average lost 971 points to 38-170. The S&P 500 fell 124 points to 51-58. The Nasdaq dropped 415 points to 15-870.
>>FTC Sues Uber Over Uber One Subscriptions
(Washington, DC) -- The Federal Trade Commission is suing Uber over its subscription program. The agency accuses the ride-sharing and delivery company of deceptive billing practices tied to Uber One subscriptions. The FTC's lawsuit alleges Uber One doesn't give subscribers a simple way to cancel their membership and charges them without their consent. FTC chairman Andrew Ferguson says Americans are tired of getting signed up for unwanted subscriptions that seem impossible to cancel. He adds the Trump-Vance FTC is fighting back on behalf of the American people.
>>Google, U.S. Gov. Face-Off In Court
(Nashville, TN) -- Google continues to defend itself in court after a federal court ruled the tech giant operates a monopoly. The Department of Justice is proposing a package of remedies to end the tech giant's illegal monopoly and restore competition. The hearing, which started Monday, will determine if the company can remain in its current form or will have to face penalties like selling off its Chrome web browser. Google argues it's being punished for innovation. The hearing is expected to last three weeks.
>>Economic Optimism Low Among Midwest Bankers, Supply Managers
(Bismarck, ND) -- Economic optimism is low among bankers and supply managers in the Plains and the Midwest. That's according to multiple surveys from Creighton University. Recently announced tariffs are reportedly hurting the economic outlook for supply managers. Meanwhile, bankers in the region are bracing for an underperforming season in the agriculture industry.
>>Instagram Cracking Down On Teens Lying About Age
(Menlo Park, CA) -- Instagram is using artificial intelligence in order crack down on teens lying about their age. Its parent company Meta announced Monday that it's currently in the testing phase in the U.S. The software is designed to find accounts that are believed be teenage profiles, which would then put them into the Teen Account settings. The tech giant says it's been using AI to verify ages for a while, but this is the first time this specific method is being used. Last year, Instagram launched teen specific accounts with beefed up protections as well as parental controls.
>>Americans Pickers' Store In Nashville Set To Close
(Nashville, TN) -- The Nashville Antique Archaeology store owned by "American Pickers" star Mike Wolfe is set to close after this week. The retail shop's last day of business is this coming Saturday. Wolfe, whose expected to make an appearance at the store, says the original Antique Archaeology store in LeClaire, Iowa will remain open. Wolfe launched the "American Pickers" series with co-star Frank Fritz back in 2010. Fritz passed away last September.
