Finance

A new report exposes the controversial practices of pharmacy-benefit managers (PBMs) that may be driving up medication costs for patients. With a significant investigation uncovering potential conflicts of interest, the findings challenge the role of these intermediaries in the healthcare system. How are PBMs shaping your access to affordable medications? The revelations could change everything.

As interest rates soar and inflation weighs heavily on consumers, major banks are bracing for a potential storm in lending risks. With credit loss provisions on the rise and a spotlight on Jerome Powell’s upcoming address, the financial landscape is shifting. Discover how these changes could affect your financial well-being and the expected impact on…

The real estate market is shifting, leaving potential homeowners more cautious than ever. With a record number of deals falling through, find out why buyers are becoming increasingly selective in today’s challenging landscape. Will affordability continue to shape the future of home purchasing? Discover the latest insights and trends that are influencing this trend.

After the rise and fall of MoviePass, co-founder Hamet Watt is back in the game with a bold new venture studio. Aiming to reshape the startup landscape, Watt has launched Share Ventures, backed by major players like Alphabet and Amazon. Discover how he’s leveraging lessons from his past and embracing innovative approaches to disrupt the…

The stock market is on the brink of a major shift as President Biden announces he won’t seek reelection, sparking potential volatility. Investors are watching closely for insights from Jerome Powell’s upcoming speech. With the political landscape in flux, will safe-haven assets become the new go-to? Discover how this unexpected development could reshape market dynamics.

Delta Air Lines is grappling with massive flight disruptions after a global software outage caused chaos over the weekend. With hundreds of flights canceled and countless delays, the airline’s response includes waiving penalties for changes and providing additional accommodations. As frustrated travelers voice their complaints, questions arise about the impact of this tech failure and…

Big changes are on the horizon as Jerome Powell prepares to speak at Jackson Hole, potentially shaking up the financial markets. Amidst this anticipation, the Nasdaq surged following President Biden’s endorsement of Vice President Kamala Harris. Meanwhile, Nvidia and Tesla are making headlines with notable stock movements ahead of significant announcements. Dive into the details…

A potential safety concern is brewing for owners of approximately 150,000 Ram trucks and Jeep SUVs. Reports of sudden engine stalls and power loss have prompted the US Department of Transportation to launch an investigation. What does this mean for drivers? Click to discover more about the issues and how they might affect you.

In a historic display of unity, Samsung employees are taking their fight for better working conditions and wages to the streets. As the union’s strike enters its third week, tens of thousands stand poised for change amid soaring company profits fueled by AI demand. What could this mean for the future of labor movements in…

Johnson & Johnson has taken a significant step in the mental health arena by seeking FDA approval to use its ketamine-based treatment, Spravato, as a standalone option for those struggling with treatment-resistant depression. This innovative approach promises rapid relief, but what could it mean for the millions affected by this challenging condition? Dive into the…

Walt Disney World is shaking things up this summer with new discounts in an effort to boost attendance and respond to customer concerns. From dramatically reduced ticket prices to slashed hotel rates and revamped dining packages, there are changes afoot that could make a trip to the parks more enticing than ever. But is this…

McDonald’s $5 meal deal aims to draw in customers, but analysts suggest the profit margins might barely register. With estimates as low as 5% per meal, is this strategy a clever marketing move or a financial gamble? Discover the implications behind this enticing promotion and what it means for franchise owners.

Discover the remarkable journey of Jaclyn Sienna India, who turned a dream into a thriving luxury travel concierge service. From humble beginnings with no clients to serving elite figures, her unique approach redefines luxury travel. What are the secrets behind her success? Click to unveil the exclusive experiences she curates for the world’s most discerning…

Spotify’s latest financial report reveals a remarkable shift in its fortunes, showcasing soaring profits and an impressive subscriber growth. With significant price increases implemented for its Premium plans, the audio streaming giant has managed to exceed expectations and spark investor excitement. What does this mean for the future of streaming? Discover the full story behind…

The Department of Transportation is investigating Delta Air Lines after a tech outage led to widespread flight cancellations and a surge in passenger complaints. With hundreds of travelers seeking answers, Delta’s handling of the crisis is under scrutiny. Discover what steps the airline is taking to address the situation and ensure fair treatment for its…

General Motors is making headlines with a promising financial outlook for 2024, spurred by a stellar second quarter. With adjusted earnings projections soaring and revenue exceeding expectations, GM is on a roll. CEO Mary Barra has exciting plans on the horizon, including the launch of new models and a shift in strategy for EV production.…

A high-profile arrest shakes the tech and entertainment worlds as South Korean billionaire Kim Beom-su finds himself in hot water over alleged stock manipulation. With claims that he interfered in a major K-pop agency’s dealings, the implications for Kakao and the broader industry could be monumental. What’s next for the company and its leadership?

Amazon’s ambitious plans for its Alexa-enabled devices may have hit a stumbling block, with reports of enormous losses adding up to over $25 billion in just a few years. As users predominantly rely on Echo speakers for simple tasks, questions arise about the assistant’s true potential. Amidst concerns from former employees and a shift in…

Wiz’s bold move to reject a $23 billion offer from Google has sent ripples through the tech industry, particularly impacting Microsoft’s strategies. With ambitions to reach a billion in annual revenue and an IPO on the horizon, what does this mean for the future of cybersecurity? Discover the potential fallout and the implications for major…

Apple TV+ is taking a hard look at its original content spending, having poured a staggering $20 billion into shows and movies that many viewers still don’t know about. With conversations stirring among executives, is a change in strategy on the horizon for the streaming service? Discover the numbers behind the scenes and how Apple…

As interest rates soar and inflation weighs heavily on consumers, major banks brace for a stormy financial landscape. With increased provisions for credit losses and alarming household debt levels, the potential for loan defaults looms large. What does this mean for the average consumer, and how are banks navigating these tumultuous waters? Click to uncover…