Drug stores across the United States, particularly Walgreens, are facing significant challenges. Walgreens has seen its stock plummet by over 80% in the last five years, making it one of the worst-performing stocks in that period. The company is...
US wholesale prices surged higher last month, signaling a possible uptick in consumer prices on the horizon. The Producer Price Index, which tracks changes in prices for producers and manufacturers, jumped 0.4% in November on a monthly basis and...
In a recent landmark decision, a Louisiana appeals court has overturned Nasdaq's initiative that would have mandated diversity on the boards of companies listed on the exchange. This ruling, issued over three years after the Securities and Exchange Commission...
It is unusual for Presidents to personally select the director of Voice of America, an international news outlet funded by the US government. However, President-elect Donald Trump has expressed his desire for his ally Kari Lake to assume this...
A potential economic shock awaits the restaurant industry if President-elect Donald Trump follows through on his promises of sweeping deportations, economists and some restaurateurs warn. This could lead to pricier menus, higher wages, and closures of eateries, similar to...
A record number of Americans have become 401(k) millionaires, thanks to the booming stock market. As of the third quarter of 2024, the count of 401(k) millionaires stood at 544,000, up from 497,000 just three months prior, as reported...
Stocks in New York are beginning the day on a positive note, bouncing back from recent losses experienced during a turbulent week. The S&P 500 saw a 0.3% increase early Friday, following a previous record high reached just a...
Saudi Arabia, the newly-appointed host of the 2034 Men's Soccer World Cup, has unveiled ambitious plans for the event. These include the construction or refurbishment of 15 stadiums, the development of a futuristic city, and the expansion of airports...
The Consumer Financial Protection Bureau has taken a decisive step in tackling excessive overdraft fees for customers of major banks and credit unions, potential saving consumers up to $5 billion annually. This newly finalized rule, announced on Thursday, will...
A long-standing 7-year feud between tech titans Elon Musk and Sam Altman regarding leadership of OpenAI to prevent an artificial intelligence "dictatorship" has now reached a federal court. Musk is seeking to stop the transformation of the ChatGPT creator...
