News
Costco begins selling gold bars to customers
Retail giant Costco is bringing a whole new meaning to setting the gold standard of wholesale. Costco has reportedly begun...
Pending home sales sink to new low
According to a new report from the National Association of Realtors, pending home sales in the United States dropped 7.1%...
Nike falls short of revenue expectations
Sportswear giant Nike missed Wall Street’s revenue expectations for the first time in two years, the company announced Thursday. During...
Epic Games to lay off 16% of its staff
On Thursday, video game developer Epic Games announced it’s laying off 16% of its workforce. The layoffs will reportedly affect...
US consumer spending misses expectations in Q2
The U.S. Commerce Department released its revised second quarter gross domestic product revision, dropping its consumer spending estimate by a...
Weight loss drug prescriptions surge 300% in less than three years
In less than three years, prescriptions of blockbuster weight loss drugs Ozempic and Wegovy surged by 300%. According to a...
Kia and Hyundai issue recall on 3.4 million vehicles
On Wednesday, auto brands Kia and Hyundai issued a recall on 3.4 million vehicles across the United States. The automakers...
Peloton shares rise after Lululemon partnership announcement
Peloton stock rose on Wednesday following news that the company is entering a five-year partnership with luxury workout brand Lululemon....
UAW adds pressure for expanded autoplant strikes
The United Auto Workers labor union is preparing to expand its strikes on automaking giants General Motors, Ford and Stellantis...
Dow takes biggest dip since March
On Tuesday, the Dow Jones Industrial Average fell to its lowest one-day level seen since March of this year. With...
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