Reported 6 months ago
The article discusses how PMI data from the US S&P Global Composite Purchasing Managers Index (PMI) reached 54.4 in May, the highest level in over two years, indicating signs of growing US economic output. Treasury yields also climbed following the data release. Additionally, the article highlights the increase in CEO compensation packages, with many CEOs, including Tesla's Elon Musk, pushing for higher annual compensation packages above $50 million in recent years. The article also touches on concerns about child safety on social media platforms, particularly related to extortion and blackmail incidents involving underage users and the challenges faced by platforms like Meta in addressing these issues.
Source: YAHOO