News

The Growing Wealth Gap in the U.S.

The divide between the rich and the poor in the United States is widening at an alarming rate, particularly in retirement savings. Urgent action is needed to ad...

Macy's Reports Sliding Sales and Earnings: Consumer's Financial Health

Macy's reports decline in sales and earnings, emphasizes consumer's financial health with credit card delinquencies. Despite that, consumer spending remains uni...

Microsoft's New Partnership with Ubisoft Signals Long-Term Plans for Videogame Business

Microsoft announces a partnership with Ubisoft, indicating their long-term plans for the videogame industry. The acquisition of Activision Blizzard will have si...

Mining Companies Face Uncertainty in the Market

Major mining companies, including BHP Group and United States Steel, face uncertainties and challenges in the market due to interest rates, Chinese demand, and...

Smaller Banks Struggle with Rising Credit Card Delinquencies

Smaller banks are facing a concerning rise in credit card delinquencies, reaching record levels as total debt surpasses $1 trillion. This article explores the i...

The Potential Impact of Rising Covid-19 Hospitalizations on Vaccine Sales

Recent Covid-19 hospitalization increases have investors concerned about the impact on vaccine sales. Stock prices for vaccine manufacturers have shown mixed re...

FTC Temporarily Shuts Down Automators AI Operations

Federal Trade Commission (FTC) obtains temporary restraining order to shut down the operations of Automators AI after misleading claims of guaranteed success an...

Anexo Group Reports Strong First-Half Earnings

Anexo Group reports pretax profit of £15.2 million and revenue of £77.8 million for the first half of the year, with optimistic outlook for sustained growth

China Life Insurance First-Half Results: Key Details and Forecasts

China Life Insurance is set to announce its first-half results, with a projected increase in net profit and revenue. Key factors to watch include premium income...

Chicago Rivet & Machine to Reduce Quarterly Dividend

Chicago Rivet & Machine announces a reduction in its quarterly dividend from 22 cents per share to 10 cents per share. The company is actively implementing init...