Meta teen settlement: two-hour Instagram caps and an $18B industry dare

Meta teen settlement: teal hourglass over phone silhouette with coral night lock and fading like hearts

Meta teen settlement ends the AG addiction trial with a default two-hour daily cap across Instagram and Facebook, midnight–6 a.m. Night Mode, school-hour notification mutes, and up to ~$18B over 10 years — about $5.3B contingent on YouTube and TikTok matching.

Consumer confidence hits an August low as expectations crack

Consumer confidence: indigo household silhouette with amber present glow and slate expectations arrow

Consumer confidence fell to 89.4 in August — lowest since January — as Expectations sank to 68.2. Present Situation jumped to 121.2. Oil, war, groceries, and trade dominated write-ins ahead of PCE week.