"Shark Tank" star Kevin O'Leary sees zero rate cuts this year, he told Fox Business.
"I'm investing under the premise that we're going to be living with this rate cycle staying the same."
Cuts are unlikely as the Fed can't seem to reach its mandate of 2% inflation anytime soon, he said.
Investors need to stifle any hope for interest rate cuts this year, as the Federal Reserve will not be able to reach its inflation mandate anytime soon, Kevin O'Leary said.
The "Shark Tank" star told Fox Business Network that monetary policy will instead remain unchanged, and that anyone still betting on a dovish pivot is mistaken.
Backing him up on Wednesday was the Fed itself, which announced at the conclusion of its latest policy meeting that it would leave the federal funds rate at its current target range of 525-550 basis points.
"They keep pushing out their optimism month after month. But there'll be no rate cuts this year," O'Leary said Tuesday. "I'm investing under the premise that we're going to be living with this rate cycle staying the same for the rest of the year. I'm sorry, it's just reality."
His take adds to a growing chorus of commentators that have grown convinced in a zero-cut scenario, as a string of hot economic data keeps spoiling market forecasts: where once cuts were expected as soon as March, strong labor, economic, and inflation readings have progressively moved this outlook to the end of the year.
And in late April, the Fed's ability to cut at all came into question by a wider swath of analysts, as first-quarter GDP slowed considerably from previous readings. With inflation still rising, that brought up concern of stagflation, a scenario smothered only by rate hikes.
"The Fed's mandate is 2% inflation — not two, not three, not 3.2 — It's two, and so inflation is not going down anywhere near two for a bunch of reasons, and, therefore, they will not cut rates," O'Leary said.
For its part, the Fed has projected three rate cuts in 2024, though officials have repeatedly asserted that this depends on future inflation and economic data.
Meanwhile, some on Wall Street have also pointed out that the Fed may feel disinclined from pursuing rate cuts, as the impact of higher borrowing costs hasn't yet broken much in the economy.
Still, shifting forecasts have weighed heavily on stocks, with April becoming 2024's first losing month for the market.
AOC told BI that she's undecided on how to vote on tabling MTG's motion to vacate against Speaker Johnson.
Tom Williams/CQ-Roll Call via Getty Images; Celal Gunes/Anadolu; Kent Nishimura/Getty Images
Mike Johnson is almost certain to survive MTG's effort oust him due to the support of Democrats.
But progressives are unsure how to handle the vote, with some citing Johnson's own hard-right views.
Some indicated that they wanted Democrats to ask for more in exchange for their votes.
Next week, Democrats will be siding with a Republican that they've derided as being slavishly loyal to Donald Trump, wedded to evangelical Christian nationalist beliefs, opposed to LGBTQ+ rights, and a danger to American democracy.
Some of them haven't decided whether that person is Speaker Mike Johnson or Rep. Marjorie Taylor Greene.
The Georgia congresswoman remains poised to trigger a vote on ousting Johnson sometime next week. Democratic leaders have said that they will vote to table Greene's motion, indicating that the vast majority of rank-and-file House Democrats will follow, and that Johnson's job is essentially safe.
But for progressives in particular — many of whom are weary of being seen as helping to prop up a Republican speaker — it's likely to be a tough vote. After all, House Democrats voted unanimously with Rep. Matt Gaetz of Florida to oust then-Speaker Kevin McCarthy in October.
"I'll likely vote present," said Democratic Rep. Mark Pocan of Wisconsin, pointing to Johnson's record of opposition to LGBTQ+ rights as the key reason for his break from party leadership.
"I'm not going to support MTG's silliness, but I don't want to support the most homophobic speaker in American history," said Pocan. "This is their problem. I'll just eat popcorn and vote present."
Three other prominent progressives — Rep. Alexandria Ocasio-Cortez of New York, Ilhan Omar of Minnesota, and Greg Casar of Texas — also indicated in interviews this week that they remained undecided on how they would vote. The Congressional Progressive Caucus (CPC) has yet to meet to discuss the topic.
"Mike Johnson shouldn't be speaker," said Casar, the CPC whip, saying that he wished Democrats had produced a "list" of concessions in exchange for their votes.
"I'm not inclined to to save him, I don't think we do these things for free," said Ocasio-Cortez.
The New York congresswoman said on CNN in March that she was "not inclined to vote for an individual for speaker who doesn't believe in women's rights, doesn't believe in bodily autonomy, who has supported overturning a presidential election."
There's a procedural distinction here that may make the difference for some lawmakers. When Greene calls up her "motion to vacate" against Speaker Mike Johnson, the first vote will not be on the actual vote to oust Johnson, but on a motion to table the vote.
While voting to table Greene's motion — which most Democrats and Republicans are expected to do — can be explained as a mere procedural step, it's also the case that doing so would, in effect, protect Johnson from an ouster.
"Here's the thing — you're not even being on record for Johnson," Ocasio-Cortez said of the tabling vote. "You're just being on record as to whether holding this vote right now is the most productive use of our time."
"I think tabling could just mean that we get back to doing the work of the people," said Omar, who also said that she "probably would vote to vacate" if the motion to table somehow failed, and lawmakers had to vote directly on Greene's motion.
"I'm a progressive Democrat, and I think you would have a few progressive Democrats doing that," Khanna said on ABC's "This Week" in April, referring to tabling the motion to vacate. "I disagree with Speaker Johnson on many issues and have been very critical of him, but he did the right thing here, and he deserves to keep his job until the end of his term."
Federal Reserve Bank Chair Jerome Powell holds a news conference at the bank's William McChesney Martin building on March 20, 2024 in Washington, DC.
Chip Somodevilla/Getty Images
The Federal Reserve held interest rates steady in its latest decision on Wednesday.
Powell has maintained that the Fed needs more data before it can cut interest rates.
That means that relief likely will not come until the second half of the year.
The nation's central bank offered no surprises in its latest interest rate decision.
On Wednesday, the Federal Open Market Committee announced that it would be holding interest rates steady, continuing the pause on rates that began in September. It's further proof that the Federal Reserve is waiting for more economic data to ensure confidence that the economy is moving in the right direction before implementing any rate cuts.
"The recent data have clearly not given us greater confidence and instead indicate that it's likely to take longer than expected to achieve that confidence," Powell said during a panel discussion in Washington in April.
This means that rate cuts could likely pushed back to the second half of the year, potentially coinciding with the presidential election in November. This timing has sparked criticism from former President Donald Trump, who accused Powell in a February interview with Fox News that rate cut timing would "help the Democrats."
"It looks to me like he's trying to lower interest rates for the sake of maybe getting people elected," Trump said. The Wall Street Journal also recently reported that some members of Trump's team are crafting a plan that would give Trump a say in interest rate decisions, along with the authority to oust Powell from his position.
"Our analysis is free from any personal or political bias, in service to the public," Powell said during an April discussion. "We will not always get it right — no one does. But our decisions will always reflect our painstaking assessment of what is best for our economy in the medium and longer term — and nothing else."
Regardless of whether rate cuts coincide with the election, data will be key going forward — and while predictions could change in the coming months, the central bank will likely move slowly on any interest rate relief this year.
"Inflation has continued to run hot and there is no compelling need for the Fed to cut interest rates until they're comfortable with where inflation is headed," Greg McBride, chief financial analyst for Bankrate, said in a statement.
US Customs and Border Protection (CBP) officers have interrogated more than 30 ByteDance and TikTok employees traveling to the US from China, according to a report by Forbes.
Employees are being asked a list of dedicated questions, including whether they have ties to the Chinese Communist Party (CCP), and what access ByteDance and TikTok have to American user data, Forbes reported, citing anonymous sources close to the matter.
Employees from various teams — many of whom are Chinese — are also being asked by officers with CBP's Office of Field Operations about Project Texas, per Forbes, which is TikTok's overarching security plan to wall off American data from China.
They're also being asked about their educations and political connections, according to the outlet.
"CBP is tasked with protecting our nation's borders as well as enforcing numerous laws at our nation's ports of entry on behalf of a variety of other government agencies, including state and local law enforcement," a spokesperson for the agency told Business Insider. "All international travelers attempting to enter the United States, including all US citizens, are subject to examination."
President Biden signed a bill into law last week requiring Apple and Google to remove TikTok from their app stores unless ByteDance divests its US operations within 270 days. TikTok has vowed to fight the legislation in court, citing First Amendment violations.
Forbes noted that the inquiries by border officers are similar to a line of questioning Sen. Tom Cotton posed to TikTok's CEO Shou Zi Chew during a congressional hearing in January.
At the time, Chew reminded Cotton multiple times that he is Singaporean.
TikTok did not immediately respond to a request for comment from Business Insider.
Correction: May 1, 2024: An earlier version of this story incorrectly stated which type of Customs and Border Patrol worker was questioning TikTok employees. The CBP staff were Office of Field Operations officers, not border patrol agents.
Now, the billionaire may be walking back what he said.
The email announced the departure of two senior executives and said both of their teams would be eliminated, with a small number of employees reassigned, The Information reported. One of the dissolved divisions, the supercharging team, would mean 500 jobs being cut, according to the report.
But now, there are already discussions about rehiring some of the impacted workers, Bloomberg reported. Bringing back laid-off staff would allow Tesla to continue operating the supercharger network and grow it at a slower rate, according to insiders who spoke to Bloomberg.
Tesla didn't respond to Business Insider's questions about the reported rehiring.
Musk confirmed plans to grow at a slower pace in a post on X (formerly Twitter) on Tuesday.
"Tesla still plans to grow the Supercharger network, just at a slower pace for new locations and more focus on 100% uptime and expansion of existing locations," Musk said in the post.
Still, the job cuts concerned EV executives at companies like Rivian, Ford, and General Motors, according to the Bloomberg report. The three carmakers use Tesla's charging connectors for EVs and are preparing for a busy summer, the report said.
The departure of the senior director for charging infrastructure, Rebecca Tinucci, meant these brands lost a main point of communication, the Bloomberg report said.
Andres Pinter, co-CEO of Bullet EV Charging Solutions, an EV chargepoint installer that works on Tesla's network, told Reuters that "there's no way Musk would walk away from effectively free money."
"It may be possible Mr. Musk will reconstitute the EV charger team in a bigger, badder, more Muskian way," Pinter said.
Do you have a tip about Tesla? Contact the reporter at aaltchek@insider.com.
Princess Cruises says guests who've booked the Sanctuary Collection cabins on its new Sun Princess and upcoming Star Princess will get an all-inclusive package and access to a private lounge.
Princess Cruises
Princess Cruises says its new Sun Princess and upcoming Star Princess will have all-inclusive cabins.
Guests who've booked the new Sanctuary Collection category would get an inclusive package and private lounge.
If you want to go on an all-inclusive vacation at sea, you no longer need to book an ultra-luxury, ultra-expensive cruise line.
Just sail on Princess Cruises' new ship instead.
In October, Princess says its two-month-old Sun Princess will debut in the US with the company's first-ever Sanctuary Collection, an adult-only lounge exclusive to guests who've booked one of the collection's high-end cabins. These luxurious accommodations comprise 10% of the ship's 2,157 staterooms, including all its suites.
But the Sanctuary's biggest perk arguably isn't the lounge's private pool and restaurant — it's the all-inclusiveness, a rarity among mass-market cruise lines.
The Sanctuary Collection covers all 80 of the Sun Princess' suites, 123 "mini suites," and 12 balcony cabins. The most luxurious 1,262-square-foot Sky Suite starts at almost $16,390 per person.
Princess Cruises
Mass-market cruise lines like Princess, Royal Caribbean, and Norwegian typically follow the "budget airline" strategy: charge a cheap base fare and offer plenty of irresistible up-charged amenities (like specialty restaurants, as is the case of Sun Princess).
It's a stark contrast to the high-end cruise industry, where all-inclusivity is often considered the standard.
For example, luxury cruise line Explora Journey's fare includes alcoholic beverages, WiFi, and access to the spa — amenities that would typically cost extra on ships like Sun Princess. On Regent Seven Seas, all this, plus excursions, pre-cruise hotels, and roundtrip flights are also included in the cost to sail.
Over the last few years, Princess has begun following in these high-end cruise lines' foosteps.
In 2022, it launched Princess Premier, an optional inclusive package covering amenities like WiFi, drinks, some upcharged restaurants, and workout classes. It's the same package Sanctuary Collection guests would get, along with the private restaurant and adult-only lounge with cabanas, a pool, and private events.
The Sanctuary Collection lounge would have a pool, a jacuzzi, and the Princess Premier package, which includes two nights of specialty dining and unlimited casual dining. The latter typically costs $15 per person.
Princess Cruises
The exclusive lounge concept is nothing new. Royal Caribbean's two largest cruise liners have a "neighborhood" exclusive to suite guests. The same applies to Norwegian, Celebrity, and MSC Cruises' vessels.
However, while these competing retreats offer perks like drink packages, WiFi, or private restaurants, none are as "inclusive" as Princess'.
In 2024, Sun Princess' Sanctuary cabins start at more than $3,000 per person for a weeklong Caribbean cruise in mid-December. To compare, the cheapest interior cabin for the same itinerary starts shy of $700 per person.
The Sun Princess is 1,133 feet long and 177,500 tons.
Princess Cruises
The cruise line says its next ship, Star Princess, which will debut in late September 2025, will also carry the Sanctuary Collection.
Following in the footsteps of high-end, all-inclusive cruise lines could be a wise decision for Princess. These luxury vacations at sea have become increasingly popular as travelers continue to spend big on their trips.
Like Princess, expedition cruise company HX recently shifted to an all-inclusive model as well.
Back on dry land, hotel giants like Hyatt and Marriott have also seen a boom in these "everything free" resorts.
Apparently, every vacationer — whether on water or solid ground — just wants one thing: stress-free poolside lounging with bottomless drinks.
Skydance Media, which co-produced the "Top Gun" reboot with Paramount, wants to merge with the entertainment giant. The film studio is helmed by David Ellison, son of Oracle billionaire Larry Ellison.
Lia Toby/Getty Images for Paramount Pictures
Film studio Skydance is vying to buy Shari Redstone's controlling stake in Paramount.
Its latest bid includes a premium for shareholders and a $3 billion cash injection.
Sources close to the deal told BI how much Redstone may get and what Paramount would look like.
Paramount's CEO Bob Bakish was ousted on Monday night. His exit bodes well for film studio Skydance Media, which is vying to buy Shari Redstone's controlling stake in the entertainment giant.
Skydance Media and its largest private-equity backer RedBird Capital Partners have been wooing Paramount for the better part of a year. The Skydance consortium, including fellow Skydance investor KKR, submitted a revised offer on Sunday. It includes a $3 billion cash injection, most of which would pay off shareholders, and the rest going toward paying off debt, according to two people close to the negotiations.
The pressure is on. There is little wiggle room with this new bid as the consortium has already made significant concessions to meet the demands of the committee in charge of recommending the deal to the board, according to one of the sources. Skydance's exclusive negotiating period ends on May 3. If both parties agree on the broad strokes of the deal, extending this window is an option. However, if it falls through, another bidder is reportedly on deck: private equity titan Apollo.
The deal would be worth roughly $32 billion, according to the source, with the value of Paramount and its $15 billion in debt making up the lion's share. The proposal valuesSkydance, which would merge with Paramount, at $5 billion.
Paramount did not reply to a request for comment in time for publication. At Tuesday's earnings call, executives took no questions and instead played the "Mission: Impossible" theme on a loop. (Skydance is a co-producer on the Tom Cruise-helmed spy movies).
Here's what we know about the deal, how much Redstone would get, and what a new Paramount would look like.
The money
The Skydance consortium sweetened their bid by offering to buy shares at a premium of nearly 30% from $11 per share, according to the two sources. Paramount stock traded at that amount in mid-April before merger talks boosted the price.
This concession comes after shareholder complaints that the deal left common shareholders in the cold, including from investor Mario Gabelli. Second to Redstone, his funds own the most voting shares. Ex-CEO Bakish had opposed the merger for shareholder dilution, CNBC previously reported.
Shari Redstone's compensation is still being negotiated and would likely be less than $2 billion.
Getty
Heiress Redstone's compensation is still being negotiated, according to one of the sources. Redstone controls Paramount through her family's holding business, National Amusements. That said, she would likely receive less than $2 billion for her controlling stake, a smaller sum than first offered.
The players
Skydance is owned by David Ellison, son of billionaire Oracle founder Larry Ellison. The Santa Monica, California-based studio successfully co-produced the "Top Gun" reboot with Paramount. Skydance has branched into animated features including "Luck" on Apple TV+ and video games.
Aside from the Ellison family, Skydance's largest shareholder is RedBird, a New York City-based private equity firm with $10 billion in assets. RedBird has been an investor in Skydance since 2020, including its most recent round in 2022, which was led by KKR and the Ellisons.
RedBird's founder and chief executive is Gerry Cardinale, a former Goldman Sachs partner who made his name as the banker to the New York Yankees and the NFL. He is known for leveraging intellectual property, whether it's television rights or movie franchises, to create bigger businesses as well as his relationship savvy, according to 27 colleagues who spoke to Business Insider in 2022.
Many of RedBird's business partnerships date back to his Goldman days. Skydance has partnered with the NFL to launch a production arm for scripted and unscripted sports content.
What Paramount would look like after a Skydance merger
Paramount has installed a trio of leaders to replace Bakish in the interim. If the company accepts the bid, David Ellison will be installed as CEO, according to the two sources. Jeff Shell, ex-NBCUniversal CEO and current chairman of sports media at RedBird, would report to Ellison as president.
Under the agreement, the combined company would stay public, two sources close to the negotiation said. The deal would not break up Paramount, which includes broadcaster CBS and cable networks MTV and Nickelodeon.
Restructuring Paramount's balance sheet is one half of the equation, one of the individuals said. Combining Skydance's and Paramount's libraries and studios would benefit both, as shown with the successful "Top Gun" co-production, they said. Skydance already has the rights to produce and finance other films based on Paramount franchises including Transformers.
A new Paramount could also take better advantage of working with streaming services to finance new projects. For instance, Skydance has an Apple TV+ contract. Another RedBird portfolio company, Ben Affleck and Matt Damon's Artists' Equity, has a partnership with Amazon Studios.
Keeping Paramount public sets the Skydance bid apart from Apollo's potential offer, according to one of the sources. Apollo has reportedly partnered with Sony on a potential all-cash $26 billion offer that would take Paramount private. (Apollo did not respond to a request for comment in time for publication.)
There are also questions as to whether Paramount would stay whole under Apollo and Sony. Apollo previously offered $11 billion just for Paramount's movie studio, the Wall Street Journal reported in March. Paramount would have been left with its lower-performing cable channels and struggling streaming service, and the bid went nowhere.
The $26 billion offer is for the entire company, but Sony's Japanese ownership may pose an obstacle to retaining US broadcast stations.
Sony and Apollo have yet to make an official bid. With Skydance's exclusivity window ending soon, they may be waiting in the wings.
Editor's note: KKR is the largest shareholder of Business Insider's parent company Axel Springer.
Former US President Donald Trump and China's leader Xi Jinping on November 9, 2017.
Fred Dufour/AFP/Getty Images
Trump has plans for at least a 10% universal tariff on US imports, he told Time Magazine.
He argues that such a levy wouldn't lead to increased inflation.
But research from the bipartisan Tax Foundation suggests otherwise, and says Trump's 2018 trade war was also economically damaging.
Former President Donald Trump has made it no secret that he plans to build a wall of tariffs around the US, with higher rates applied to those he sees standing in the way of American trade.
If elected, his proposed measures include a 10% universal duty on all imports headed into the country, though Trump recently told Time Magazine this figure could reach even higher.
China could face a tariff as high as 60%, which Trump argues will bring back production to US shores.
"I call it a ring around the country … A reciprocal tax also," the Republican candidate said in a wide-ranging interview with the outlet. "And if we do that, the numbers are staggering."
But historical precedence has shown that tariffs can lead to surging inflation, something the Time interviewer brought up to Trump, who was quick to shrug it off.
"I don't believe it will have much of an effect because they're making so much money off of us," he said. "I also don't believe that the costs will go up that much."
The non-partisan Tax Foundation would beg to differ. Their research shows that duties on imports force traders to either raise their prices or pull their product entirely, which also pushes prices higher because supply is diminished.
Further, tariffs also boost the cost of parts and materials, adding price pressure on the final product, even if made in the US, the foundation found.
But Trump refutes this: "I don't believe it'll be inflation. I think it'll be lack of loss for our country."
In his view, countries such as China, India, and Brazil take advantage of the US, by barring American products while at the same time looking to boost domestic production of these same goods.
"I think what happens is you build. What happens to get out of the whole situation is you end up building, instead of having your product brought in from China, because of that additional cost, you end up making the product in the United States," he added later.
Still, when taking a look at Trump's 2018 tariff policies against Beijing, price hikes are among the lasting consequences. Tax Foundation estimates that the tariffs then imposed have amounted to an $80 billion tax increase on Americans.
"Look, I took in billions of dollars from China. Nobody else ever did anything on China," Trump explained. "I also let people know what the threat of China was. China was going along making $500 to $600 billion a year and nobody was ever even mentioning it until I came along."
To be sure, a majority of Trump's restrictions have stayed in place under the current Biden administration; the institute calculated that these remaining tariffs could reduce long-run GDP by 0.21%.
More tariffs under Trump could be poorly timed, as US monetary policy is already struggling to clamp down on current inflation levels. Recent hotter-than-expected data has even amplified worries of a stagflationary scenario, in which the Federal Reserve would have to raise interest rates to pressure down pricing.
But Trump allies are reported to be discussing ways in which the former president could take control of the central bank, in an effort to ensure lower rates. However, any attempt to threaten Fed independence would risk an investor backlash, Harvard economist Kenneth Rogoff recently said.
Columbia University pro-Palestine students control of Hamilton Hall and the tent city ended when the NYPD moved in with countless officers in riot gear.
Other press couldn't go on campus, so the student radio station was the only source of on-the-ground reporting.
Tens of thousands of people tuned into WKCR's radio broadcast for breaking news.
On Tuesday night, as the police entered the Columbia University campus and arrested 300 protesters, I did something I don't usually do to get breaking news: I turned off the TV, I closed X, and I turned on the radio.
WKCR 89.9 FM, Columbia's student radio station, was broadcasting live from inside the campus about what was happening as the NYPD arrived.
Outside news outlets weren't allowed onto campus, which is gated. So that meant Columbia's own student journalists were the only on-the-ground reporters.
The Columbia Daily Spectator, the student newspaper, has been doing an admirable job reporting on an ongoing event that has attracted major national attention. But on Tuesday night, the nature of the breaking news event as the NYPD marched past the campus gates around 9:30 p.m. meant that it was the radio station's turn to shine.
The radio broadcast was anchored by a young woman who deftly tossed to reporters in the field and the studio. Under such extreme circumstances, it was a highly professional affair — and the reporters were careful with their words and facts. But there were also moments when the field reporters sounded scared, and you could hear a lot of commotion in the background.
Here's a recording of WKCR tonight from around 9:10 to 10:15. Mortifyinghttps://t.co/z59RvDd0OV
Social media, specifically live video, has been a game changer for covering protests and large social actions. A decade ago, the protests in Ferguson, Missouri, were live-streamed on early platforms like Ustream or Livestream. By the mid-2010s, all the social platforms went all-in on livestreaming — encouraging the more banal, like an exploding watermelon.
A few years later, Twitter Live and Instagram Live were important parts of documenting the 2020 George Floyd protests and the January 6 riot. And audio streams like Clubhouse and Twitter Spaces started to garner big audiences.
But in the situation at Columbia, all those new-tech platforms fell short — and what worked was the nearly century-old platform of an over-the-air radio signal. (I left messages for the radio station but didn't hear back — likely because the students are taking a well-deserved break, which they referenced in an X post. And as of Wednesday morning, the station was back to playing its regular jazz music.)
Students at UChicago encampment gather in silence around a speaker for radio broadcast of WKCR 89.9, Columbia’s student station. Student press are producing incredible coverage as swarms of NYPD riot cops pepper spray, beat and arrest their classmates for protesting genocide pic.twitter.com/g7MEe2ehVA
The world tuned into the radio station — with a caveat. Word spread over X to tune into WKCR either on the real radio band or via its online streams. I live outside the station's signal, and its online stream was glitchy due to high demand, so I tuned in via its Instagram Live. Hasan Piker played part of the radio broadcast during a livestream on his popular Twitch channel, where more than 33,000 people concurrently tuned in to listen. Tech platforms helped support a tiny radio signal to reach a national audience of people who wanted to hear real reporting on what was going on.
X used to be the best place for real-time news events and reporting, and it still is if you compare it to, say, Threads. But Elon Musk's systematic dismantling of the old Twitter means everything feels less reliable. The old blue-check verification system gave people some sense that an account posting a video or information was probably reliable; the paid blue-check system does not. Scrolling through my X feed last night was disorienting and confusing.
The actual events on the Columbia campus on Tuesday night are, of course, more important than the fact that its radio station went viral. But for a moment, I'd like to set aside the actual substance of the campus protest and the police action.
Moments like Tuesday night are critical to understanding the world, and it is important to consider the medium of the news in these moments —how it travels, who it reaches, and what technology touches and shapes it.
And so, for one night, a small college radio station that usually plays jazz and classical music with a handful of student journalists was the medium for telling the biggest news story in the country.
Some iPhone users say they've been late for work and school because their alarms haven't been going off lately.
Shutterstock
If you didn't hear your iPhone alarm go off lately, it might not have just been you oversleeping.
Some iPhone users say their alarms haven't been sounding recently.
Apple is reportedly working on a fix, but for now here's what you should check in your settings.
If you slept through your iPhone alarm recently, it might not have necessarily been your fault.
Some iPhone users say their alarms haven't been working lately, taking tosocial media to vent — with some saying they were late to work or school after multiple alarms they'd set didn't go off.
Apple did not immediately respond to BI's request for comment but the company told The Today Show it's aware of an issue leading some iPhones to not play sounds during an alarm and that it's working on fixing the problem.
In the meantime, there are a few things you can try that might help solve the problem.
In your phone's settings, go to Face ID & Passcode and scroll to Attention Aware Features. This feature detects if the user is paying attention to their phone and may lower the volume of sounds if it thinks you're looking at your phone, so you'll want to make sure it's toggled off in case.
In settings, you can also turn your volume up under Sound & Haptics. On this page, there's also Change with Buttons, which allows you to adjust the volume of your ringer and alerts using the volume buttons; you might want to turn this off to keep yourself from accidentally lowering your alert volume.
For now, at least you can point to others saying they experienced alarm issues if your boss asks what happened.