Finance

A new report from the House Committee on Oversight and Accountability reveals troubling practices among pharmacy-benefit managers that may be driving up drug prices and limiting patient choices. As executives from major PBMs prepare to testify, uncover the shocking findings that challenge the transparency of prescription medication costs and access in the U.S. Click to…

As interest rates soar to their highest in two decades, major banks are on alert for potential credit risks. With rising provisions for loan losses and consumer debt reaching staggering new heights, can the banking sector weather the storm? Explore the unexpected challenges ahead and what they mean for borrowers in the current economic landscape.

As the real estate market faces mounting challenges, an alarming trend emerges: buyers are backing out of agreements like never before. With rising costs and a shift in expectations, discover what is driving this unprecedented wave of cancellations and how it impacts the housing landscape. Click to read more!

Hamet Watt, the co-founder of MoviePass, is charting a new course with his innovative venture studio, Share Ventures. With nearly $20 million in funding from big players like Alphabet and Amazon, he’s setting his sights on transforming the future of work and health longevity. Discover how Watt’s experiences have shaped his unique investment model and…

The stock market braces for a rocky start as President Biden’s surprising decision not to seek reelection sends ripples of uncertainty through the financial landscape. With volatility on the horizon and shifts in investor sentiment looming, could this be the moment that reshapes trading strategies? Discover what this political shakeup means for the future of…

As the political landscape shifts, Goldman Sachs reveals intriguing insights about potential changes in economic policy should Vice President Kamala Harris secure the Democratic nomination. With President Biden’s recent withdrawal and endorsement of Harris, the speculation intensifies. Will her leadership bring more of the same, or can we expect a transformative agenda? Discover more about…

Stock markets are buzzing as key players face significant shifts. Darden Restaurants sees a boost from Uber’s delivery partnership, while Nvidia makes strides in AI technology targeted for China. Meanwhile, Tesla’s stock rallies ahead of big news, but not all is well—CrowdStrike grapples with a major tech outage, and Verizon misses revenue expectations. What’s driving…

Abigail Disney is making headlines again as she announces her resumption of donations to the Democratic Party, following President Biden’s decision not to seek reelection. Her support comes with a strong endorsement for Vice President Kamala Harris. What does this mean for the Democratic landscape? Discover the implications of Disney’s return and the shifting tides…

In a striking turn of events, Democrats have rapidly mobilized over $100 million in donations following President Biden’s announcement about not seeking re-election. With a record-breaking $66.9 million raised in a single day for Vice President Harris’s campaign, the momentum is palpable. Discover how this financial surge is reshaping the landscape for the upcoming election…

Walt Disney World is making surprising changes to its pricing strategy, slashing admission and hotel costs amid growing guest dissatisfaction. Explore how these adjustments, from discounted multi-day tickets to new dining packages, aim to enhance the visitor experience. But will these measures truly satisfy guests long-term? Find out more!

McDonald’s is rolling out a $5 meal deal that promises to lure customers during tough economic times, but how profitable will it really be? With profit margins expected to be slim, this promotional strategy might not benefit franchisees as intended. Dive into the article to uncover the complexities behind this enticing offer and what it…

Discover the journey of Jaclyn Sienna India, who turned skepticism into success with her luxury travel concierge service, Sienna Charles. With a client list boasting celebrities and former presidents, her approach goes beyond opulence—it’s about understanding and personal connection. What extraordinary experiences does she create for ultra-high-net-worth travelers? Dive into the world of bespoke travel…

General Motors is making headlines with a bold revision of its 2024 financial targets, showcasing unexpected strength in its latest quarterly results. With adjusted earnings projected to soar, and significant moves in the electric vehicle market, there’s much to unpack. What does this mean for its future and investor confidence? Discover the latest developments and…

A high-profile arrest in the K-pop industry is shaking the tech world. South Korean billionaire Kim Beom-su, founder of Kakao, faces serious allegations of stock manipulation linked to his company’s dealings with SM Entertainment. As concerns grow over potential evidence tampering, Kim vehemently denies the charges. What does this mean for Kakao’s future and the…

Amazon’s ambitious plans for its Alexa-enabled devices have come at a steep price, with over $25 billion in losses reported from 2017 to 2021. As the company grapples with the challenge of monetizing these devices, questions arise about the future of Alexa. Could a paid version of the assistant be on the horizon? Dive into…

Google’s ambitious bid to acquire Israeli cybersecurity startup Wiz for $23 billion has fallen through, leaving a ripple effect across the tech industry. As Wiz turns its focus towards growth and an impending IPO, the implications for both Google and Microsoft could reshape the cybersecurity landscape. Dive into the details of this intriguing twist and…

Apple is reassessing its bold ambitions in the streaming world, especially after investing a staggering $20 billion in original content with mixed results. With a miniseries that fell flat and a minuscule share of the viewership market, the tech giant is contemplating a shift in strategy for Apple TV+. What could this mean for future…

In a shifting real estate landscape, buyers are becoming increasingly picky, leading to a notable rise in canceled home purchases. With affordability concerns and soaring costs, many are reevaluating their decisions. Discover how these trends are reshaping the market and what it means for both buyers and sellers.

After the notable collapse of MoviePass, Hamet Watt is embarking on an exciting new journey with his venture studio, Share Ventures. With nearly $20 million in funding and a focus on the future of work and longevity, Watt reveals how he’s leveraging advanced technologies and lessons from the past to innovate in the startup space.…

Stocks are on the rise, hitting record highs after the Federal Reserve’s unexpected interest rate cut. Discover how this pivotal decision and falling jobless claims have reshaped the market landscape, and what it means for various sectors. Don’t miss the buzz surrounding tech giants and the implications for future investments!

In a groundbreaking initiative, Sam Altman’s OpenResearch has launched the largest basic income study in the U.S., providing cash to those below the poverty line. With results that challenge assumptions about work and money, participants are finding new freedom in job selections. Discover how financial support is reshaping lives and employment choices in a changing…