Yellen says U.S. wants to diversify, not decouple, from China
Treasury Secretary Janet Yellen said the U.S. is trying to diversify but not decouple from China, a week after a series of new tariffs were introduced.
Hims & Hers weight loss adds compounded GLP-1 injections
Products of Hims & Hers displayed. Hims & Hers Digital pharmacy startup Hims & Hers Health is introducing access to compounded GLP-1 weight loss injections, the company announced Monday. Shares of the company closed up more than 27% Monday. The company, which offers a range of direct-to-consumer treatments for conditions like erectile dysfunction and hair […]
Wendy’s will offer $3 breakfast meal deal after McDonald’s value meal
An exterior view of a Wendy’s fast-food restaurant in Bloomsburg, Pennsylvania, on May 19, 2024. Paul Weaver | SOPA Images | Getty Images Wendy’s will offer a $3 breakfast combination meal starting Monday, as restaurant chains look for new ways to drive sales while consumers pull back on dining out. The deal will include a […]
Americans must pay higher taxes if they want to keep a high standard of living
Financial challenges face the next U.S. president — but one candidate’s remedies would be a ‘train wreck.’
JPMorgan stock is too expensive
Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled Annual Oversight of Wall Street Firms, in the Hart Building on Dec. 6, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images Jamie Dimon thinks shares of JPMorgan Chase are expensive. That was the message the […]
Apple has a chance to change investors’ minds
Apple’s hardware events are usually most exciting to investors. But this time, Wall Street is highly anticipating the company’s annual software preview.
Peloton shares plunge after refinancing
A pedestrian walks by a Peloton store in Palo Alto, California, on May 8, 2024. Justin Sullivan | Getty Images Peloton shares plunged on Monday after the connected fitness company said it is launching a “global refinancing,” as it looks to stave off a cash crunch amid falling sales. The company is offering $275 million […]
JPMorgan CEO Jamie Dimon hints at retiring within 5 years
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., at the UK Global Investment Summit at Hampton Court Palace in London, UK, on Monday, Nov. 27, 2023. Bloomberg | Bloomberg | Getty Images Jamie Dimon’s days as CEO of JPMorgan Chase are numbered — though its unclear by how much. In a response to […]
GameStop and AMC see meme-stock frenzy ease after Roaring Kitty-fueled rally
The meme-stock rally that lifted shares of GameStop and AMC was fueled by the social-media return of commentator Keith Gill, also known as Roaring Kitty.
Department stores want younger shoppers
Signage of Macy’s, Kohl’s and Nordstrom retail stores. Getty Images Department stores are aging — and so are their customers. For over a century, the stores won over multiple generations with a promise to sell shoppers a wide variety of everything. For many Millennial and Gen Z consumers, that hasn’t been enough — especially as […]
