A recent study conducted in the real world found that overweight and obese adults taking the injected medication Mounjaro lost more weight and were more likely to achieve specific weight loss targets compared to those taking a similar competitor, Ozempic. Both Mounjaro, or tirzepatide, and Ozempic, or semaglutide, work by mimicking the effects of the …
Warren Buffett’s Berkshire Hathaway has accused billionaire Jimmy Haslam of making secret payments to staff in order to inflate the price Berkshire would have to pay for the Haslam family’s 20% ownership in truck stop operator Pilot Travel Centers, according to partially redacted filings made public on Tuesday in a countersuit against the Haslam family …
CNN — Major retailers across the US have received peaches, plums, and nectarines that were recalled due to contamination concerns, as warned by the US Food and Drug Administration on Tuesday. The stone fruit has been linked to a Listeria outbreak causing at least 11 illnesses in seven states, with 10 hospitalizations and one death, …
Breaking News: Miriam Adelson, widow of casino tycoon Sheldon Adelson, is divesting $2 billion of Las Vegas Sands Corp. shares to secure a majority stake in the Dallas Mavericks NBA team, currently owned by Mark Cuban. Renowned tech billionaire Cuban, 65, will still maintain a stake in the franchise and continue to lead the team, …
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Federal Reserve Policymakers Eye First Interest Rate Cut In a recent speech at the American Enterprise Institute, Fed Governor Christopher Waller expressed confidence in current policy, stressing the importance of slowing the economy and bringing inflation back to 2%. He also hinted at the possibility of lowering the policy rate in response to prolonged low …
Stock Market Report Dow Jones futures, S&P 500 futures, and Nasdaq futures remained stable after hours. Earnings reports from CrowdStrike (CRWD), Intuit (INTU), Workday (WDAY), and NetApp (NTAP) took the spotlight. The stock market experienced a quiet session on Tuesday with minor increases in the major indexes, coinciding with a decrease in Treasury yields. Crude …
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U.S. shoppers splurge $38 billion online over Thanksgiving weekend, signaling strong holiday season U.S. Shoppers Enticed by Deep Discounts Online Nov 28 (Reuters) – Beauty products, toys, and electronics were all heavily discounted, enticing U.S. shoppers to spend around $38 billion online over the Thanksgiving weekend. This surge in online consumer spending has signaled a …
Investors Beware: Don’t Fall for the Hype Over AI Stocks The excitement around AI stocks in the market may be new, but the surge in high-flying tech names is nothing we haven’t seen before. In other words, buyer beware. Analysts warn that the meteoric rise of the “Magnificent Seven” signals troubling similarities to past market …
A striking sight: a pedestrian walks in front of the iconic Wall Street bull statue in New York City. Doug Kanter | AFP | Getty Images Family offices now have a surprising investment trend with more of their money going into private markets than the public stock market, according to a ground-breaking survey. An insightful …
In the realm of dividend stocks, many companies align with a quarterly distribution schedule. However, consider this: what if you could receive dividend payments every month instead of waiting for a check every three months? Believe it or not, this is entirely possible. There’s a special group of companies that pay monthly dividends, such as …