Finance

A new investigation unveils troubling practices by pharmacy benefit managers (PBMs) that could be costing patients more for their medications. Reports allege that these intermediaries favor high-priced drugs while limiting pharmacy choices. Discover the insights from a lengthy inquiry that could reshape how you access prescription drugs in America.

As major banks prepare for a more challenging lending landscape, significant provisions for credit losses have been set aside, signaling concerns about rising defaults. With interest rates at a two-decade high and inflation still a pressing issue, what does this mean for consumers and the future of borrowing? Dive into the details to uncover the…

In a surprising turn of events, a rising tide of homebuyers is backing out of deals, citing more stringent standards in a challenging market. With record-high prices and soaring mortgage rates, many are re-evaluating what they truly need in a home. Discover the factors behind this trend and its implications for the real estate landscape.

Super Micro Computer is facing significant challenges as it postpones its Annual Report filing, causing a staggering drop in its stock. What does this mean for investors and the company’s future? Delve into the details behind the numbers and the controversies that are shaking the tech giant.

As Vice President Kamala Harris sets her sights on the Democratic nomination, Goldman Sachs weighs in on what her potential candidacy might mean for economic policy. With President Biden’s exit from the race and an endorsement from him, Harris is gaining traction — but will her policies truly diverge from Biden’s? Explore the implications for…

In a historic show of solidarity, over 1,200 members of the National Samsung Electronics Union gathered for a rally, as their indefinite strike for better working conditions and wages enters its third week. With negotiations stalled and a backdrop of soaring company profits, the stakes have never been higher for Samsung workers. What does this…

Johnson & Johnson is seeking FDA approval to expand the use of its ketamine-derived treatment, Spravato, as a standalone remedy for treatment-resistant depression. With nearly 30% of individuals suffering from major depressive disorder facing this challenge, the implications of this application could be transformative. Recent clinical trials show promising results, but what does this mean…

Walt Disney World is shaking things up with significant price cuts on admission and hotel stays amid growing visitor dissatisfaction. Discover how these changes, including discounted ticket packages and revamped dining options, might reshape your next magical experience. Is this a step towards making the parks more accessible, or just a temporary fix? Click to…

Is McDonald’s $5 meal deal a game-changer or just a marketing gimmick? While it aims to draw in budget-conscious customers, the actual profitability might be more complex than it seems. Dive into the details of this strategy and what it means for franchise owners and diners alike.

Discover how Jaclyn Sienna India’s journey from a determined newcomer to running a luxury travel concierge for high-profile clients unfolds. With unique insights and a personal touch, she crafts extraordinary experiences that go beyond mere luxury. What drives her success in an elite industry? Dive into her story and find out!

Spotify experiences remarkable growth and profitability, surpassing expectations just a year after its first subscription price hike. With a surge in active users and a notable increase in operating income, what does this mean for the future of the streaming giant? Discover the details behind Spotify’s impressive quarter and the strategies driving its success.

Delta Air Lines is under scrutiny as the aftermath of a massive tech outage leads to ongoing flight cancellations. With hundreds of complaints pouring in, the Department of Transportation is stepping in to ensure passenger rights are protected. What does this mean for travelers caught in the chaos? Discover the unfolding story and how Delta…

General Motors is making waves with ambitious new financial targets for 2024, showcasing impressive gains in the second quarter. While the automaker’s revenue soared beyond expectations, there are hints of a shift in focus that could redefine its future. What does this mean for GM’s electric vehicle ambitions and its self-driving initiatives? Dive into the…

A South Korean tech titan finds himself in hot water as allegations of stock manipulation surface. Kim Beom-su, founder of Kakao, has been arrested, raising questions about the future of the company he built. With connections to the K-pop industry’s biggest players, the stakes are high. What could this mean for Kakao and its operations…

Coca-Cola reported impressive second-quarter earnings despite a slight decline in North American volume sales. The beverage giant is adapting to changing consumer preferences with strategic partnerships and innovative products. What does this mean for the future of soft drinks and health trends? Dive into the details to find out!

As major banks navigate a turbulent financial landscape marked by soaring interest rates and inflation, they are ramping up their provisions for potential credit losses. With troubling signs emerging from consumer spending patterns and potential economic slowdowns, the future could be uncertain. What does this mean for the stability of the banking sector and your…

The real estate market faces an unexpected twist as a surge of buyers pull out of home purchases. With skyrocketing prices and soaring mortgage rates, many are grappling with tough choices. Find out what’s driving this unprecedented trend and how it’s reshaping the housing landscape.

Armie Hammer is turning a new leaf as he trades in his beloved truck for a compact hybrid, marking a fresh start in Los Angeles. In a heartfelt social media post, he reflects on cherished memories with his truck while confronting the realities of its upkeep. Curious about his journey and what’s next for the…

Super Micro Computer faces a significant setback as it announces a delay in submitting its Annual Report for the fiscal year, leading to a dramatic drop in share prices. What does this mean for the future of the company and its investors? Delve into the details behind the numbers and the challenges ahead.

Explore the groundbreaking basic income study financed by Sam Altman, aimed at transforming the lives of individuals below the poverty line. Discover how unconditional cash payments reshaped employment decisions and personal freedom for participants in Texas and Illinois. What insights did the findings reveal about agency and financial stability in an evolving job market? Dive…

Hims & Hers is making waves with its latest board appointment and innovative healthcare solutions. As the company rolls out a more affordable compounded version of popular weight loss medications, former Novo Nordisk executive Kåre Schultz expresses confidence in its potential. What does this mean for the future of telehealth and medication access? Discover the…