News
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...
Target to shutter nine stores nationwide
Retailing giant Target is shuttering nine of its stores in major cities across four U.S. states, the company announced Tuesday....
American consumer confidence drops to four-month low
U.S. consumer confidence in the economy dropped to its lowest level in four months this September, the Conference Board’s Consumer...
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...
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