Apple’s proposed class-action lawsuit settlement

$20

Talk to Apple’s Siri in the past decade? Tens of millions of people stand to gain up to $20 per Siri-enabled device for potentially having their privacy violated. Apple agreed to pay $95 million to settle a proposed class-action lawsuit saying that the company routinely recorded people’s conversations and disclosed it to advertisers after users unintentionally activated the assistant. Despite settling, Apple denied wrongdoing.

As Reuters pointed out, the entire settlement is equivalent to about nine hours of profit for Apple, which brought in nearly $94 billion in net income last year.

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Claire Yubin Oh3/27/26

Wall Street bonuses hit a new record last year, edging toward $250,000 average

2025 was a pretty good year for US stocks... and new data suggests it was an even better one for workers on Wall Street itself.

In a year that saw pretax profits on the Street rise more than 30% to a record $65 billion, dealmakers, traders, and wealth managers raked in ~$246,900 in bonuses on average — an all-time high — per a new report from New York State Comptroller Tom DiNapoli published on Thursday.

Wall street bonuses chart — Sherwood News

According to DiNapoli, last year’s record $49.2 billion bonus pool (estimated using income tax data without including stock options or other deferred compensation) reflects Wall Street’s “strong performance for much of last year, despite all of the ongoing domestic and international upheavals.”

Millie Giles

TAKING NOTES

3/24/26

With New York’s acceptance law coming into effect, could cold hard cash stage a comeback?

Though digital payments are now the norm, most US adults remain opposed to the idea of a cashless society.

Crumpled One Dollar Notes Isolated on Blue Background

Tom Jones

beholden state

3/4/26

Inherited homes made up almost 1 in 5 property transfers in California last year

The 18% home inheritance figure was double the rate across the rest of the country.

A Craftsman style home surrounded by palm trees

Americans are spending more of the workday sitting — the jobs driving the trend often come with more money

Software developers sit nearly all day and make six figures. Fast-food workers are on their feet almost nonstop, and earn about $30,000 a year.

Hyunsoo Rim2/11/26

Hyunsoo Rim

la costly vita

1/28/26

More Americans dream of the European idyll. The housing costs are less romantic.

In most major cities, living alone no longer adds up, per new analysis from The Economist.

People dining outside in Piazza della Rotonda in Rome at dusk

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