Finance

After the rise and fall of MoviePass, co-founder Hamet Watt is turning the page to embark on a new adventure. With nearly $20 million already in funding, Watt’s startup studio, Share Ventures, aims to disrupt the investment landscape by focusing on innovative technologies and the future of work. What motivates this shift, and how does…

Tomorrow’s stock market is bracing for a seismic shift as President Biden confirms he won’t seek reelection. With volatility on the horizon, investors are left to ponder the implications of a new political landscape. As economic uncertainty looms, will the “Trump Trade” continue to thrive? Discover how these developments could reshape investment strategies and market…

The political landscape is shifting dramatically as President Biden’s announcement not to seek re-election sends shockwaves through the Democratic Party. In a remarkable twist, fundraising efforts surged, with Vice President Kamala Harris’s campaign alone raking in nearly $67 million in just one day. What does this unprecedented financial backing mean for the upcoming election cycle?…

Discover the captivating journey of Jaclyn Sienna India, who transformed her initial challenges into a thriving luxury travel concierge service. With a roster that includes celebrities and former presidents, find out how her unique approach and deep empathy shape unforgettable experiences for elite clients. What truly sets her apart in the world of exclusive travel?…

A recent study highlights a significant trend in the prescription of GLP-1 medications, revealing a surprising increase in usage among individuals without diabetes. With the popularity of these drugs skyrocketing for weight loss, concerns over supply shortages for those who genuinely need them are beginning to emerge. What does this shift mean for the future…

Wiz’s surprising decision to turn down a $23 billion acquisition offer from Google could reshape the dynamics of the tech industry, particularly impacting Microsoft. As the cybersecurity landscape faces upheaval, the rejection highlights rising ambitions and challenges within the sector. What could this mean for future innovations and competition in cybersecurity? Discover the implications of…

Apple is reconsidering its massive investments in original content for Apple TV+, having poured a staggering $20 billion into productions that have underwhelmed in viewership. With discussions underway to tighten budgets and shift strategies, the future of Apple’s streaming service could look quite different. What changes might be on the horizon for the platform?

As banks navigate rising interest rates and persistent inflation, they’re bracing for potential challenges ahead. Major institutions are increasing their provisions for credit losses, signaling a cautious outlook on lending risks. With credit card balances surging and economic growth expectations declining, the landscape for consumers is changing. Discover what these shifts mean for both banks…

Caroline Ellison, once at the helm of Alameda Research, has been handed a 24-month prison sentence for her role in the FTX debacle. As the dust settles from this high-profile case, her testimony against Sam Bankman-Fried raises questions about accountability and the future of cryptocurrency. Discover the details behind her sentencing and the implications for…

Reddit is shaking up the sports marketing scene with exciting new partnerships alongside major leagues like the NFL and NBA. Discover how this move is set to transform fan engagement and what exclusive content awaits avid sports enthusiasts. Don’t miss out on the details!

Johnson & Johnson is making strides in the fight against treatment-resistant depression with a bold move to expand the use of its ketamine-based medication, Spravato. This innovative treatment, originally approved in 2019, may soon stand alone in helping those who have struggled to find relief from their symptoms. Discover what this means for the millions…

In a remarkable response to President Biden’s announcement not to seek re-election, Democrats have harnessed a staggering $100 million in just two days through ActBlue. This surge highlights a significant pivot in fundraising dynamics for the party as Vice President Kamala Harris gears up for her presidential campaign. Discover the implications of this fundraising frenzy…

Is McDonald’s new $5 meal deal a savvy strategy or just a lost cause for franchise owners? Dive into the details behind this promotional offering and find out how it could impact the fast-food giant’s profitability.

Spotify has reported a remarkable profit turnaround in the second quarter, sparking excitement for the future. With a significant boost in users and stock price, the audio streaming giant appears to be on a promising path. What strategies are driving this success, and what does it mean for subscribers? Discover the full story behind Spotify’s…

Delta Air Lines is under scrutiny as the Department of Transportation investigates its response to recent mass flight cancellations. A global tech outage has left many passengers frustrated, leading to an influx of complaints. What does this mean for travelers and Delta’s operations? Discover the details behind the outage and how the airline is handling…

A recent study reveals a surprising trend in GLP-1 medication prescriptions, sparking concerns about future shortages. As demand for weight-loss treatments grows, fewer diabetes patients are receiving these crucial drugs. What does this shift mean for those who rely on them? Discover the implications of this change in prescription patterns.

A recent investigation into pharmacy-benefit managers (PBMs) uncovers troubling practices that may be limiting patients’ choices and pushing them toward higher-cost medications. With a hearing on the horizon involving top executives of these influential firms, the findings raise critical questions about access to affordable prescription drugs in the U.S. Are patients really getting the best…

As the real estate market shifts, more buyers are backing out of home deals, with nearly 15% of contracts falling through in June alone. Discover the surprising reasons behind this trend and what it means for the future of homeownership.

In a dramatic conclusion to a high-stakes fraud case, Caroline Ellison, ex-girlfriend of FTX co-founder Sam Bankman-Fried, has been sentenced to two years in prison. Her cooperation with prosecutors played a crucial role in the downfall of one of the largest financial schemes in U.S. history. As she expressed her deep remorse in court, questions…

Delta Air Lines is grappling with major disruptions that have led to the cancellation of thousands of flights. A faulty software update has caused chaos, affecting not just Delta but the airline industry as a whole. Learn how the airline is handling the fallout and what measures are being put in place to assist stranded…

Nvidia’s recent stock plunge might hold unexpected benefits, as the tech landscape shifts with new developments. With strategic moves in both the AI chip market and political endorsements stirring the pot, major players like Tesla and CrowdStrike are also navigating a rollercoaster of market reactions. What does this mean for investors and the tech industry…