UPS Secures Major Deal As Primary Air Cargo Provider for USPS, Ending FedEx Partnership
UPS becomes the US Postal Service's primary air cargo provider, replacing FedEx, in a transformative move reshaping the US parcel delivery landscape.
Biden Commands Fundraising Lead Over Trump, Setting New Record
President Joe Biden, alongside former Presidents Barack Obama and Bill Clinton, hosted a historic fundraising event at Radio City Music Hall.
Stock Market Boom Fuels Top 1% To Historic $44 Trillion Wealth Peak
The top 1% of Americans have achieved an unprecedented milestone collectively amassing over $44 trillion, fueled by a booming stock market.
February Inflation Hits 2.8% As Consumer Spending Spikes
Inflation remains stable while consumer spending exceeds estimates, signaling economic resilience.
UBS CEO Sergio Ermotti: Overpaid Or Worth Every Franc?
UBS CEO's compensation of 14.4 million Swiss francs in 2023 has ignited discussion, showcasing the contrast between European and American banking pay standards.
Home Depot's $18.25 Billion Acquisition Of SRS Distribution Signals Industry Power Move
Home Depot's historic acquisition of SRS Distribution for $18.25 billion marks a bold move into the professional contractor market.
Baltimore Bridge Collapse Leads To Projected Record-Breaking Insurance Loss
The collapse of the Francis Scott Key Bridge in Baltimore is anticipated to result in the largest single marine insurance loss in history.
Biden Administration Curtails Trump's Short-Term Health Insurance Policy
The Biden administration has implemented new rules to restrict the duration of short-term health insurance plans, reversing Trump-era policies.
SEC Gains Ground As Coinbase Lawsuit Progresses To Trial
A federal judge's ruling allows the SEC's lawsuit against Coinbase to proceed, signaling increased regulatory scrutiny in the cryptocurrency industry.
Unveiling Claude 3: Amazon's $2.75 Billion Investment Redefines The AI Landscape
Amazon announces a $2.75 billion investment in Anthropic, signaling its bold entry into the fiercely competitive AI race.
Xi Jinping's Economic Diplomacy: Will China's Overtures To US CEOs Pay Off Amid Growing Uncertainty?
President Xi Jinping's closed-door meeting with prominent American business executives signals efforts to restore investor confidence.
Baltimore's Francis Scott Key Bridge Collapse: Economic Impact And Recovery Efforts
The collapse of the Baltimore Bridge halts crucial vessel traffic and disrupts supply chains and prompts urgent reflections on infrastructure resilience
Oxfam Report Exposes Corporate America's Stark Wealth Disparities
A recent Oxfam report unveils the alarming wealth gap within America's largest corporations, with 90% of profits directed to shareholders and CEO salaries.
Retail Layoffs Continue: Canada Goose Announces Workforce Cuts Amid Consumer Spending Pullback
Canada Goose announces a 17% reduction in its corporate workforce amidst retail hardships.
Donald Trump's Net Worth Surges To Record High Following Media Company Merger
Former President Donald Trump's net worth skyrockets to $6.5 billion following a lucrative merger involving his social media venture.
Alibaba Scraps Cainiao IPO Plans Amid Challenging Market Conditions
Alibaba Group Holding Ltd. announced on Tuesday its decision to abandon the long-anticipated initial public offering (IPO) for its smart logistics arm, Cainiao.
How Student Loan Debt Could Impact Social Security Benefits For Millions of Older Americans?
Democratic lawmakers voice concerns over the impact of mounting student debt on Social Security benefits for millions of older Americans.
NASDAQ Awaits TMTG: Truth Social's Launch Marks Milestone For Trump's Media Venture
Trump Media & Technology Group Corp. (TMTG), is on the brink of entering the NASDAQ market,following a merger with Digital World Acquisition Corp. (DWAC).
Is Cyber Warfare Heating Up? Biden Administration, UK Take Aim At Chinese Hackers
The Biden administration collaborates with the UK to announce indictments and sanctions against individuals tied to China's APT 31 hacking group.
Supreme Court To Revisit Abortion Debate Amid Medication Access Dispute
The upcoming Supreme Court case on mifepristone access in abortion procedures sparks contentious debates that strike at the heart of the controversial issue.
Is Bitcoin's Surge Driven By Investor FOMO Or Fundamental Factors?
Bitcoin's recent surge to a new record value has captivated investors, prompting a closer look at the various factors contributing to its remarkable ascent.
Is the Bull Market Losing Momentum?
The market's recent performance prompts concerns about the strength of the bull market rally as investors assess the broader economic landscape.
Immigration's Economic Impact: A Deep Dive Into Labor, Housing And Productivity Trends
The surge in immigration has sparked a complex interplay between economic growth, labor dynamics, and housing challenges.
Truth Social's IPO: A Triumph Or A Trial For Trump's Financial Future?
Trump's stake in Truth Social may offer significant paper wealth, but legal and financial constraints could delay his ability to cash in.
Nationwide DMV Outage Disrupts Services, Sparks Concerns Over Connectivity
A nationwide DMV outage, caused by cloud connectivity issues, disrupted license-related transactions.
ESPN's Digital Revolution: A Two-Phase Streaming Strategy To Thrive Amid Cable Decline
ESPN is revamping its strategy with a two-part streaming plan to combat declining cable subscriptions and stay ahead in the sports media landscape.
February Sees 4.38 Million Units Sold In Existing Home Market Amid Rising Rates
Existing home sales in the US soared by 9.5% in February to a staggering 4.38 million units, marking the largest monthly increase since February 2023.
Investors Falling Victim To 'AI Washing' On Wall Street
SEC charges investment advisers Delphia and Global Predictions for deceptive AI practices, underscoring the emergence of AI washing in financial markets.
AI Pipe Dream Or Reality Check? Equinix Faces Scrutiny Amid Accounting Scandal
Hindenburg Research's accusations of accounting manipulation have sparked turmoil for Equinix Inc., raising doubts about its financial integrity.
Psychological Play Or Strategic Maneuver? Chipotle's 50-For-1 Stock Split Makes Waves On Wall Street
Chipotle's board approved a groundbreaking 50-for-1 stock split, marking a historic first and signaling confidence in its financial performance.