News
Softbank purchases 25% stake in Arm Ltd.
Japanese investment group SoftBank Group Corp. has bought a 25% stake in chip manufacturer Arm Ltd. from Softbank’s Vision Fund....
Mall foot traffic up from pre-pandemic levels
A market analysis conducted by Coresight Research has revealed foot traffic across U.S. malls has surged past pre-pandemic levels. According...
Wholesale prices rise .3% in July
According to the U.S. Bureau of Labor Statistics, the producer price index – which measures the cost of goods producers...
Analysis reveals weight loss drugs are priced higher in US market
According to a new analysis from health policy organization KFF, popular weight loss drugs are priced higher in the United...
Walmart revenue grows as Target’s declines
Walmart is winning the battle of major U.S. retailers as the chain’s profits surge while competitor Target’s numbers continue to...
Blue Shield California switches prescription providers
Major health insurer Blue Shield California elected to switch prescription medication providers in an effort to offer its clients lower...
US mortgage rates reach 21-year high
U.S. mortgage rates rose this week to the highest level seen in 21 years. Data from Freddie Mac revealed the...
General Motors invests in low-cost EV batteries
Automaking giant General Motors is betting big on the future of electric vehicles by leading a $60 million investment round in low-cost...
US homebuilding increases in July
According to the U.S. Census Bureau, homebuilding across the United States increased 3.9% in July. The 1.452 million new homes constructed across the...
Aldi snaps up 400 Winn-Dixie and Harvey grocery chains
European supermarket giant Aldi is expanding its U.S. foothold with its purchase of 400 Winn-Dixie and Harvey locations. The move will...
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