News
Inflation no longer outweighs US wages
According to data released by the U.S. Bureau of Labor and Statistics on Tuesday, inflation fell to 3.1% for the...
Macy’s stock gets bumped by buyout rumors
Shares of U.S. retail chain Macy’s soared more than 21% on Monday following news that the retailer may be facing...
Hasbro set to fire 1,100 staffers
Toymaker Hasbro is preparing to layoff 1,100 of its workers, the company announced Monday. The planned terminations will slash Hasbro’s...
Ford slashes EV pickup production in half
U.S. automaking giant Ford is cutting the planned production of its F-150 Lightning all-electric pickup in half, the company announced...
Arena Group ousts CEO following Sports Illustrated AI controversy
On Monday, The Arena Group announced that it fired its CEO following public backlash surrounding Sports Illustrated’s alleged use of...
Paramount stock rises on back of takeover rumors
Shares of major Hollywood studio Paramount Pictures jumped Friday following reports of the company’s potential takeover. According to Deadline and...
US adds nearly 200,000 jobs to the economy in November
According to new data from the U.S. Bureau of Labor Statistics, employers added approximately 199,000 jobs to the U.S. economy...
US set to approve DNA-editing treatment for sickle cell patients
According to new reports, the U.S. Food and Drug Administration is about to approve exa-cel – the very first DNA-editing...
Lululemon stock falls after holiday guidance
Athleisure retailer Lululemon’s stock dipped Thursday following the release of the company’s lukewarm holiday season guidance. According to its guidance,...
US mortgage rate reaches lowest level since August
According to new data from Freddie Mac, the average 30-year fixed-rate U.S. mortgage reached its lowest level since August during...
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