Finance

A recent investigation reveals alarming practices by pharmacy-benefit managers (PBMs), suggesting they’re steering patients toward pricier medications and limiting their pharmacy choices. With the three largest PBMs controlling around 80% of U.S. prescriptions, the findings raise serious questions about affordability and access to vital drugs. What could this mean for your healthcare costs? Discover the…

As major banks adjust their strategies amidst soaring interest rates and persistent inflation, concerns about credit risks are mounting. With provisions for credit losses rising sharply, the financial landscape appears poised for a significant shift. What do these changes herald for the future of lending and consumer debt? Dive into the complexities that are unfolding…

As the real estate market becomes increasingly competitive, buyers are now more selective than ever, leading to a surge in canceled home purchase agreements. Discover the surprising reasons behind this trend and what it means for the future of buying a home in today’s challenging market.

Hamet Watt is embarking on an exciting new chapter after the rise and fall of MoviePass. With his newly launched Share Ventures, he’s set to reshape the landscape of startup funding with a focus on the future of work and longevity. What innovative paths will he explore with nearly $20 million behind him? Discover the…

A pivotal moment unfolds in the investigation surrounding Matthew Perry’s tragic death as his former doctor, Mark Chavez, pleads guilty to serious charges. With possible prison time looming, the implications of this case extend beyond one individual. Discover the complexities and consequences involved in this developing story.

A significant development has unfolded regarding President Biden’s student loan forgiveness initiative. After a federal judge allowed a key restraining order to lapse, tensions build as the legal battle continues. What does this mean for millions of borrowers seeking relief? Discover the implications of this ruling and the future of the forgiveness plan.

Curious about the impact of unconditional cash payments on job seeking? Sam Altman’s groundbreaking basic income study reveals surprising insights about financial flexibility and employment choices for participants below the poverty line. Discover how a little extra cash can transform lives and employment prospects in ways you might not expect. Don’t miss out on the…

Hims & Hers has just welcomed a new board member with a wealth of pharmaceutical experience that could change the game for telehealth. With a 125% share price surge this year, the company is making waves by offering a more affordable compounded version of a popular diabetes and weight loss medication. What does this mean…

In a surprising turn of events, just a day after President Biden’s announced decision to step aside, the Democratic Party experienced an unprecedented fundraising surge. ActBlue, their primary fundraising platform, reported over $100 million raised in just two days! What does this influx of cash mean for Vice President Kamala Harris and the upcoming election?…

McDonald’s new $5 meal deal is designed to reel in budget-conscious diners, but how much profit can the fast-food giant really expect? With margins hovering between 1% to 5%, this promotional move may be more complex than it seems. Discover the challenges and strategies behind this enticing offer that might not yield the expected benefits…

Spotify is celebrating a remarkable turnaround with its latest earnings report, showcasing a record profit and a surge in users. Discover how the recent price hikes have impacted the streaming giant and what this means for its future in the competitive audio landscape. Don’t miss the intriguing details behind this financial resurgence!

The recent tech outage has sent shockwaves through Delta Air Lines, resulting in thousands of canceled flights and a slew of passenger complaints. With the Department of Transportation now stepping in, what does this mean for your travel plans? Discover the full implications of this disruption and Delta’s plans to make it right.

Amazon’s ambitious venture into Alexa-enabled devices has taken a costly turn, racking up losses of over $25 billion in just a few years. While the company boasts millions of users, most are using Alexa for basic functions rather than driving sales. With leadership now contemplating a paid version of Alexa, skepticism looms over its future…

Wiz’s surprising decision to back out of a massive deal with Google is stirring the tech world. With implications for both Microsoft and the broader cybersecurity landscape, what does this mean for future collaborations and competition in the industry? Discover the potential ripple effects and insights on where the cybersecurity sector might be headed.

Coca-Cola’s second-quarter earnings reveal a surprising resilience in the face of shifting consumer preferences. While soda sales dip in North America, the beverage giant is adapting by partnering with fast-food chains to boost its presence. What does this mean for the future of soft drinks? Dive into the details of Coca-Cola’s latest strategies and performance!

A startling investigation reveals that pharmacy benefit managers (PBMs) are steering patients towards pricier medications while limiting pharmacy choices. As the spotlight turns to leading executives in the industry, new findings raise urgent questions about the impact of PBM practices on healthcare costs and patient access. What does this mean for you and your prescriptions?…

As banks brace for potential challenges amid soaring interest rates and inflation, they are increasing their provisions for credit losses. With consumer debt reaching staggering heights and spending habits evolving, what does this mean for the future of lending? Dive into the intricacies of the current financial landscape and discover the factors pushing banks to…

The real estate market is feeling the strain as an alarming number of home-purchase agreements are being canceled. With affordability challenges on the rise, potential buyers are pulling out for even minor issues. What does this mean for the future of home sales? Discover the startling trends behind this shift and what’s driving buyers away.

Hamet Watt is taking a bold step into uncharted territory with his new venture, Share Ventures. With nearly $20 million raised and backing from giants like Alphabet and Amazon, he’s on a mission to revolutionize the startup landscape. What drives his vision for the future of work and longevity? Discover how Watt’s past experiences are…

In a dramatic twist for student loan borrowers, a Missouri judge has temporarily blocked President Biden’s student debt relief initiative just as momentum was building for its implementation. As legal battles unfold across states, the future of forgiveness hangs in the balance. What does this mean for millions seeking relief? Click to find out more!

The stock market is bracing for a bumpy ride after President Biden’s unexpected decision not to run for reelection. With his endorsement of Vice President Kamala Harris and the shifting political landscape, uncertainty looms. Investors are already considering safe havens, while the implications for trends like the “Trump Trade” could reshape market dynamics. What does…