Finance

Ever wonder how much sleep you really need? In the season finale of the Quartz Obsession podcast, sleep specialist Dr. Michael Breus dives into the booming sleep industry and the modern challenges we face in achieving quality rest. From the impact of technology to cultural sleep practices, discover what truly influences our sleep patterns and…

Spotify has reported record profits and a surge in subscribers, following its first-ever price hike last year. With CEO Daniel Ek optimistic about the company’s growth, what does this mean for the future of music streaming? Dive in to explore the details behind Spotify’s impressive quarter and its strategic moves in a competitive market.

General Motors is on the rise, adjusting its financial targets for 2024 after a stellar second-quarter performance that surprised analysts. With revenues skyrocketing and a focus on electrification, GM is making bold moves. Discover what this means for the company’s future and its innovative plans in the competitive automotive landscape.

Amazon’s journey with Alexa-enabled devices has taken an unexpected turn, amassing billions in losses while striving for innovation. With talks of new changes, including a paid version of the voice assistant, insiders are questioning the effectiveness of these efforts. Discover the challenges and ambitions that lie beneath the surface of Amazon’s AI aspirations.

As consumers shift towards healthier options and weight loss alternatives, soda sales are feeling the pinch. Despite this trend, Coca-Cola has posted impressive earnings and revised its revenue projections upwards. Discover how the beverage giant is navigating these changes and what strategies they are employing to capture the market’s attention—don’t miss the surprising details behind…

A recent investigation has unveiled troubling practices by pharmacy-benefit managers (PBMs) that may be steering patients toward costly medications while limiting their pharmacy choices. With major players like Express Scripts and OptumRx controlling a significant portion of the market, concerns about conflicts of interest and high drug prices are rising. What does this mean for…

As interest rates soar to a two-decade high, banks are bracing for potential storm clouds on the horizon. Major institutions are ramping up their provisions for credit losses, signaling a cautious approach amidst rising inflation and vulnerable consumers. Discover how these financial giants are navigating a precarious landscape and what it could mean for borrowers…

Realtors are grappling with a wave of indecisive buyers in today’s challenging market, leading to record-high home purchase cancellations. With skyrocketing prices and rising interest rates, many are reevaluating their must-have lists. What does this mean for the future of home sales? Discover the surprising trends reshaping the real estate landscape.

Hims & Hers makes headlines with the appointment of Kåre Schultz, a seasoned leader from the pharmaceutical industry, to its board of directors. As the company navigates a transformative period, Schultz’s insights could reshape the future of telehealth. Curious about what this means for the health sector and their recent groundbreaking offerings? Click to find…

Johnson & Johnson is seeking FDA approval to expand the use of Spravato, a ketamine-based treatment for depression, as a standalone therapy. This innovative approach could provide hope for the millions battling treatment-resistant depression. What does the latest clinical data reveal about this breakthrough treatment? Dive into the details and explore the implications for patients…

A significant shift in the political landscape has emerged following President Biden’s surprising announcement about his re-election bid. In just two days, Democrats have raised an impressive $100 million, indicating a robust fundraising momentum for the upcoming election cycle. What does this mean for Vice President Kamala Harris and the Democratic Party’s future? Discover the…

McDonald’s new $5 meal deal is generating buzz, but how profitable is it really? With analysts suggesting it may serve more as a promotional tool than a profit booster, the impact on franchise owners remains uncertain. Dive into the complexities behind this hot offer and discover what it means for the fast-food giant.

Discover the extraordinary world of Jaclyn Sienna India and her travel concierge service, Sienna Charles. From serving high-profile clients like former President George W. Bush to curating unique, meaningful experiences, India’s approach to luxury travel goes far beyond the ordinary. What secrets does she hold that transform travel into unforgettable adventures? Dive into her journey…

Is the booming sleep industry really the answer to our restless nights? In the latest episode of the Quartz Obsession podcast, sleep expert Dr. Michael Breus dives into the complexities of sleep and its evolution, from historical patterns to modern challenges. Discover practical tips and insights that could revolutionize your nighttime routine and help you…

General Motors is raising its financial targets for 2024 after a strong second quarter, exceeding Wall Street expectations. While the company celebrates impressive revenue growth and increased earnings per share, it faces challenges in the electric vehicle market and is shifting strategies in its autonomous driving division. What does this mean for the future of…

A high-profile arrest shakes the K-pop and tech industries as billionaire Kim Beom-su faces serious allegations of stock manipulation. As concerns grow over his potential flight and evidence tampering, the implications for Kakao and SM Entertainment could be monumental. What’s at stake for one of South Korea’s richest figures? Click to uncover the details.

Amazon’s ambitious plans for Alexa-enabled devices have hit a major roadblock, with reported losses exceeding $25 billion. While the tech giant touts a vast user base, many utilize Echo speakers for basic functions rather than shopping. As challenges mount, whispers of a paid version and advanced AI enhancements reveal an uncertain future. What does this…

Wiz’s recent decision to walk away from a $23 billion acquisition by Google has sent ripples through the tech landscape, potentially reshaping the cybersecurity market. As this Israeli startup sets its sights on significant revenue goals and an IPO, industry experts speculate on the implications for both Google and Microsoft. What does this mean for…

Apple is rethinking its lavish spending on Apple TV+, having reportedly invested $20 billion in original content with little viewer return. With a limited audience share and a dwindling subscriber base, the tech giant’s strategy may soon shift. Could a new approach, including the introduction of advertising, be on the horizon? Dive in to explore…

As consumers turn towards healthier choices, Coca-Cola has reported strong earnings despite a slight dip in North American sales. Discover how the beverage giant is adapting to evolving market trends and what collaborations it’s forging to boost its beverage presence. Curious about their revised outlook amid these changes? Click to learn more!

As major banks navigate the highest interest rates in over two decades, they are bracing for potential risks in their lending strategies. With provisions for credit losses on the rise, the landscape of consumer debt presents a growing concern. What do these trends mean for the future of lending and consumer spending? Dive into the…