Gas Prices Surge: 2023 Hits New Highs
In a staggering surge, gas prices in the United States reached a new peak for 2023 on Monday, according to data released by the American...
Klaviyo Boosts IPO Target to $557 Million in Revised Plans
Marketing and data automation provider, Klaviyo has announced revisions to its plans for its third major US initial public offering (IPO) this week, increasing its...
Lyft Resolves SEC Charges with $10M Settlement
Lyft, the prominent ride-sharing platform, has reached a $10 million settlement with the US Securities and Exchange Commission (SEC) to resolve charges of non-disclosure concerning...
Housing Market Faces Land Shortage Crisis
In a recent earnings call, Lennar Corporation’s CEO, Stuart Miller, issued a stark warning about the impending challenge facing the housing market, land shortage. Miller...
Housing Market: Confidence of Homebuilders Takes Hit
In a shift of sentiment, homebuilders are feeling less optimistic about the housing market, with more of them expressing concerns about poor conditions, according to...
Stellantis Boosts Wage Offer in UAW Standoff – Strike Persists
The United Auto Workers (UAW) strike against the Big Three automakers — Ford, General Motors, and Stellantis — persists into its fourth day, with no...
FDA Report Sparks Novo Nordisk Stock Decline
Novo Nordisk, a leading pharmaceutical company, witnessed a dip in its stocks on Monday following the release of a concerning report by the FDA. The...
Meta Platforms Restores Morale with Revived Perks and Rehirings
In a notable turnaround, Meta Platforms employees are experiencing a renewed sense of enthusiasm as they return to the office, rebounding from a morale crisis...
Citigroup: Global Oil Prices Expected to Ease on Supply Surge
In a recent report, Citigroup Inc. has forecasted a potential easing of global oil prices, citing an increase in oil supply from nations outside the...
Four-Day Workweek Sparks Debate Amidst UAW Strikes
Last week, the United Auto Workers (UAW) initiated a strike against automotive giants General Motors (GM), Ford (F), and Stellantis (STLA), pressing for a range...
