News
FCC to instill internet neutrality regulations
On Tuesday, the U.S. Federal Communications Commission announced an initiative to impose new regulations on high-speed internet service providers in...
S&P 500, Nasdaq end four-day loss streak
After a month filled with losses, the S&P 500, the Dow Jones Industrial Average and the Nasdaq Composite closed with...
Costco rolls out online healthcare services
Wholesale retail giant Costco is now offering its members virtual health care visits for $29, the company announced Monday. Operated...
Amazon deploys $4 billion into AI company
On Monday, technology giant Amazon announced it’s investing up to $4 billion into artificial intelligence company Anthropic. Amazon will become...
Credit card companies continue racking up losses
According to Goldman Sachs, U.S. credit card companies have been experiencing accelerated losses at the fastest pace seen since the...
Federal Reserve to lay off hundreds of workers
The U.S. Federal Reserve is reportedly laying off hundreds of its workers in its first extensive layoffs since 2010. According...
McDonalds hikes up franchising royalty fees
Fast food giant McDonalds is making it more expensive for new operators to run a franchise location as the company...
Hollywood studios reaches tentative deal with WGA
On Saturday night, the Alliance of Motion Picture and Television Producers gave the Writers Guild of America its “best and...
Philip Morris weighs selling stakes in pharmaceutical sector
Tobacco giant Philip Morris is reportedly considering selling off stakes in its pharmaceuticals sector in order to shift focus toward...
Treasury yield hits 15-year high
On Thursday, U.S. Treasury yields hit their highest level in 15 years following the Wednesday release of the Federal Reserve’s...
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