Soaring Cocoa Costs Squeeze Hershey's Chocolate Profits
Due to growing expenses associated with cocoa, which are driving up chocolate prices, Hershey is issuing a warning on its projected profit growth for 2024.
Feb 13, 2024 10:49 PM EST
U.S. Raises are Trending Down This Year As The Job Market Cools
Employers in the U.S. anticipate an average wage increment of 4% this year, a marginal step down ...
Blood Gold in Africa Funding Russians in Ukraine
Blood Gold: The Mercenaries Plundering Africa to Fuel the Kremlin's War Machine Part Two Despite unprecedented Western sanctions aimed at choking off Russia's ability to sustain its war in Ukraine, the Kremlin has still managed to extract and launder over $2.
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Shoppers Face Fewer Choices as Brands Consolidate
Many businesses are reducing the variety of their offerings as studies indicate that having fewer options rather than a wide range actually encourages customers to make larger purchases, which is why many believe they are also benefiting consumers.
Feb 13, 2024 11:10 AM EST
Tesla Takes Action to Tackle Demand Slump, Stock Continues Slide
Monday saw a little decline in Tesla (TSLA) stock as the automaker announced another round of price reductions in the US, adding to concerns about the state of EV demand as we go into the first few months of the year.
Feb 13, 2024 10:29 AM EST
Bitcoin Soars Past $50,000, Leaving Doubters Behind
On Monday, Bitcoin surged above $50,000, hitting its highest value in over two years at one point. Bitcoin surged above $50,000 on Monday, reaching its highest value in over two years, peaking at $50,334.
Feb 13, 2024 3:53 AM EST
US Deficit Shows Improvement, But Long Road Ahead
The Treasury Department announced on Monday that the Internal Revenue Service (IRS) cleared a backlog of tax returns delayed by the epidemic, which led to a decrease in tax refunds.
Feb 13, 2024 1:52 AM EST
Diamondback Targets Endeavor in Cash-and-Stock Deal Valued at $26 Billion
To build an energy juggernaut in the Southwest valued at over $50 billion, Diamondback Energy plans to acquire competitor Endeavor Energy Resources.
Feb 12, 2024 11:42 PM EST
Is Bitcoin a Good Investment for a New Investor?
Before we get into the nitty-gritty of if it's still a good investment, you should first understand its appeal and why so many are heavily invested in it:
Feb 12, 2024 12:40 PM EST
Job Market Booms, Inflation Falls, But Political Tensions Cast a Shadow
Only 25% of business economists and professionals believe that this year will see a recession in the US. Furthermore, an external shock, like a dispute involving China, would probably cause any slowdown rather than local economic issues, such rising interest rates.
Feb 12, 2024 9:47 AM EST
Looming Debt Crisis Threatens American Way of Life
The public debt of the United States is over $34 trillion, and the country's debt-to-GDP ratio is about 100%. Not quite the boon that the Founding Fathers had originally intended.
Feb 12, 2024 7:29 AM EST
Super Bowl Sunday Snack Attack? Biden Tells Companies to End "Shrinkflation" Trickery
U.S. President Joe Biden urged snack companies to halt shrinkflation, the practice of reducing product sizes while maintaining prices, labeling it as "a rip-off."
Feb 12, 2024 4:48 AM EST
Jeff Bezos Dumps $2 Billion in Amazon Stock, Triggers Market Buzz
In a document he submitted to federal regulators, Jeff Bezos disclosed that he had sold around 12 million shares of Amazon stock, valued at over $2 billion.
Feb 12, 2024 12:05 AM EST
What is DeFi (And why you should care)
Freshly baked altcoins are solely released on decentralized exchanges (DEXs) like Uniswap. DeFi gives you access to the newest blockchain-based tech ...
Feb 11, 2024 12:10 PM EST
Swedish Death Cleaning: How To Master Your Mind & Level Up
Despite its grim name, this cleansing routine revolves around the question, "Will anyone be happier if I save this?"
Feb 11, 2024 2:11 AM EST
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