Editor’s Picks
Auto Insurance Premiums Surge Amidst Inflation Pressures
Inflationary pressures coupled with soaring insurance premiums have pushed a growing number of drivers to forgo auto insurance, reveals recent data from J.D. Power. The...
Instacart Revises IPO Terms, Aims for $10 Billion Valuation
Grocery delivery service Instacart made a significant move on Friday, revising its initial public offering (IPO) terms in response to strong investor demand. The company...
Tensions Rise as US Government Shutdown Threat Grows
Congress concluded a tumultuous week marked by political strife, leaving the US government on the brink of a potential government shutdown. The atmosphere grew increasingly...
Economists Anticipate Federal Reserve Interest Rate Hike
Economists surveyed by Bloomberg News anticipate that the Federal Reserve will enact one additional interest-rate hike in the current year, with rates poised to remain...
“iPhone 12 Software Update Eases Radiation Fears in France
Apple has taken a significant step to address concerns over radiation levels in their iPhone 12 models in France. The tech giant announced on Friday...
September Sees Decline in US Consumer Sentiment
US consumer sentiment saw a slight decline for the second consecutive month in September 2021, as reported by the University of Michigan’s preliminary reading of...
UAW Launches “Stand Up” Strike Against Big Three Automakers
The United Auto Workers (UAW) union initiated a widespread strike across all Big Three automakers on Friday, employing a novel “stand up” strategy, after the...
Novartis Shareholders Back Sandoz Spinoff with 99.7% Support
Novartis shareholders voted in favor of the spinoff of the Swiss pharmaceutical giant’s generic-drugs arm, Sandoz, during an extraordinary general meeting held on Friday. An...
Inflation Concerns: Central Bank of Russia to Raise Interest Rate
In a decisive move to combat mounting inflationary pressures, the Central Bank of Russia announced on Friday that it was raising its key interest rate...
Arm Holdings Stock Rockets 25% Above Debut Price, What Next?
SoftBank Group’s technology investment arm, Arm Holdings, made a resounding entry into the public market on Thursday, with its stock surging nearly 25% above its...
