A shopper goes through shirts in the kids section at Old Navy in Denver, Colorado. Brent Lewis | Denver Post | Getty Images By striking down student debt forgiveness Friday, the U.S. Supreme Court not only added a hefty expense back into millions of Americans’ budgets. It also created the latest challenge for retailers already
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A house for sale, in escrow, in Laguna Woods, California. Scott Mlyn | CNBC Anyone out shopping for a home on the resale market knows the pickings are slim. They’re about to get slimmer. The number of homes for sale this month was actually 7% higher than June of last year, according to Realtor.com. But,
In this article BURL BBBY Follow your favorite stocksCREATE FREE ACCOUNT A Burlington and a Bed Bath and Beyond store Getty Images Bed Bath & Beyond locations across America will soon be replaced by Burlington Stores outposts and a range of other businesses, after the failed home goods retailer auctioned off its leases as part
Michael Barr, Vice Chair for Supervision at the Federal Reserve, testifies about recent bank failures during a US Senate Committee on Banking, House and Urban Affairs hearing on Capitol Hill in Washington, DC, May 18, 2023. Saul Loeb | AFP | Getty Images All 23 of the U.S. banks included in the Federal Reserve’s annual
In this article NOVO.B-DK LLY PFE Follow your favorite stocksCREATE FREE ACCOUNT An Eli Lilly & Co. logo is seen on a box of insulin medication in this arranged photograph at a pharmacy in Princeton, Illinois. Daniel Acker | Bloomberg | Getty Images Drugmakers are jockeying to capitalize on the next major innovation coming to
In this article UAL JBLU Follow your favorite stocksCREATE FREE ACCOUNT Passengers wait at the Newark Liberty International Airport as more than 2000 flights were canceled due to the nationwide storm in New Jersey, United States on June 27, 2023. Fatih Aktas | Anadolu Agency | Getty Images Flight disruptions mounted Tuesday as severe storms
In this article META EBAY AMZN Follow your favorite stocksCREATE FREE ACCOUNT Locked up merchandise, to prevent theft in Target store, Queens, New York. Lindsey Nicholson | Universal Images Group | Getty Images The Inform Act, a new law that aims to curb organized retail theft and the sale of counterfeit and harmful products on
As we continue to navigate this post-pandemic era, the topics of personal and public health matters remain as globally relevant and pressing in each of our lives as ever before. With the continued rise of upper respiratory infections (URIs) like the cold and flu, along with COVID-19, its many variants, and other “superbugs” that have
In this article LLY Follow your favorite stocksCREATE FREE ACCOUNT Eli Lilly and Company, Pharmaceutical company headquarters in Alcobendas, Madrid, Spain. Cristina Arias | Cover | Getty Images Eli Lilly’s experimental drug helped patients lose up to 24% of their weight after almost a year, the highest reduction seen in the obesity treatment space to
Julian Garsdean is an award-winning strategic business growth and efficiency expert with a reputation for driving businesses to reach new heights and revenues exceeding hundreds of millions, making him one of the most sought-after advisors across multiple industries. With 15+ years’ experience owning, operating, and scaling businesses globally, Julian has a proven track record of
In this article PFE Follow your favorite stocksCREATE FREE ACCOUNT Pavlo Gonchar | Lightrocket | Getty Images Pfizer on Monday said it would stop developing its experimental obesity and diabetes pill, lotiglipron, due to elevated liver enzymes in patients who took the drug once a day in mid-stage clinical studies. Those elevated enzymes often indicate
Dove Ice Cream Bars are packaged at Mars’ factory in Burr Ridge, Illinois. Source: Mars Candy giant Mars is trying to make a name for itself in a new category: ice cream. The family-owned company aims for its ice cream business to reach $1 billion in sales worldwide by 2030. In May, Mars tapped executive
In this article WBD Follow your favorite stocksCREATE FREE ACCOUNT Ezra Miller stars as Barry Allen in Warner Bros.’ “The Flash.” Warner Bros. Discovery “The Flash” is a flop. “Black Adam” was a bust. And does anyone remember “Shazam: Fury of the Gods”? DC Studios needs more than a hero, it needs a new strategy
In this article SG Follow your favorite stocksCREATE FREE ACCOUNT In early May, Sweetgreen opened its first automated location, in the Chicago suburb of Naperville, Illinois. After only a few weeks operating the restaurant, the salad chain is preparing to go all in on the technology to cut labor costs and improve the customer experience.
Federal Reserve Board Chairman Jerome Powell departs after speaking during a news conference following the Federal Open Market Committee meeting, at the Federal Reserve in Washington, DC, on June 14, 2023. Mandel Ngan | AFP | Getty Images The Federal Reserve plans to keep hiking interest rates to stem inflation, which means an increase in
Oddity Il Makiage Coutesy: Oddity Beauty and tech company Oddity, which runs the Il Makiage and Spoiled Child brands, filed to go public Friday as the once-frozen IPO market warms up. The Israel-based company plans to trade on the Nasdaq using the ticker ODD. The company didn’t immediately disclose how the offering would be priced
In this article GSBD Follow your favorite stocksCREATE FREE ACCOUNT Goldman Sachs CEO David Solomon speaks during the 2023 Forbes Iconoclast Summit at Pier 60 on June 12, 2023 in New York City. Taylor Hill | Getty Images Goldman Sachs is likely to take a large writedown for its 2021 acquisition of fintech lender GreenSky
In this article NSC Follow your favorite stocksCREATE FREE ACCOUNT Cleanup efforts continue on portions of a Norfolk Southern freight train that derailed in East Palestine, Ohio, Feb. 9, 2023. Gene J. Puskar | AP Norfolk Southern supervisors didn’t address an engineer’s safety concerns before a train loaded with toxic chemicals derailed in East Palestine,
In this article ABI-BE TGT Follow your favorite stocksCREATE FREE ACCOUNT Illustration by Gene Kim Attacks against businesses for their inclusion of the LGBTQ+ community have forced companies to try to strike a balance between expressing values or risking backlash — and even violence — from a small but vocal part of their customer bases.
PGA Tour logo during the third round of the Travelers Championship on June 24, 2017, at TPC River Highlands in Cromwell, Connecticut. Fred Kfoury | Icon Sportswire | Getty Images Key lawmakers on Wednesday invited the officials behind the proposed deal between the PGA Tour and Saudi-backed rival LIV Golf to testify at a Senate
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