Investments and Business

August 28, 2024

June records record highs for home prices according to S&P Case-Shiller index

Kyle C. Garrison

In an unprecedented surge, the S&P CoreLogic Case-Shiller U.S. National Home Price Index documented a new peak in residential property prices this June. This escalation underscores a robust and resilient…

Investments and Business

August 27, 2024

Sesame Health launches new $249 monthly program offering composite alternatives to Wegovy for weight loss

Kyle C. Garrison

In a recent announcement, Sesame Health Marketplace introduced a new clinical weight-loss initiative aimed at providing consumers with affordable access to compounded versions of the widely acclaimed obesity treatment Wegovy,…

Investments and Business

August 27, 2024

Target CEO responds to allegations of retail price manipulation

Kyle C. Garrison

Target CEO Brian Cornell firmly rejected accusations of price gouging in the hypercompetitive retail industry during an interview Wednesday on CNBC's "Squawk Box." During the discussion, Cornell was confronted with…

Investments and Business

August 26, 2024

NWSL abolishes draft system, introduces free agency for players

Kyle C. Garrison

In an iconic moment in the landscape of American professional sports, the National Women's Soccer League (NWSL) together with the NWSL Players Association has decided to remove the draft system,…

Investments and Business

August 26, 2024

Key stock market movements in after-hours trading: highlights from Cava, Uber, Ross Stores, Workday and more

Kyle C. Garrison

Explore noteworthy changes in the stock market after the close of trading: Cava Group — The fast-casual restaurant chain saw its stock price rise nearly 6% after hours as its…

Investments and Business

August 25, 2024

Bronfman’s proposal could keep Shari Redstone’s role at Paramount.

Kyle C. Garrison

Edgar Bronfman Jr. has made a major offer to acquire a major stake in Global Paramount, potentially ensuring that Shari Redstone remains a key figure within the organization. A source…

Investments and Business

August 25, 2024

Ford invests $1.9 billion in affordable electric vehicles: a smart move for future growth

Kyle C. Garrison

At a Ford dealership in Glendale, California, the Mustang Mach-E takes center stage as part of Ford’s significant strategic shift. From Detroit, the narrative is changing for Ford Motor Company.…

Investments and Business

August 25, 2024

Exploring the effect of recent economic developments on Federal Reserve strategies

Kyle C. Garrison

On a crucial Friday, Federal Reserve Chairman Jerome Powell laid out the groundwork for upcoming interest rate cuts, but gave no details on the expected timing or scope of those…

Investments and Business

August 24, 2024

Delta announces Mike Spanos’ departure as he seeks new opportunity after short tenure

Kyle C. Garrison

Delta Airlines has announced that Chief Operating Officer Mike Spanos will leave the airline at the end of this month, as detailed in a recent securities filing. CEO Ed Bastian…

Investments and Business