As scorching heat engulfs vast regions of America and with hurricane season casting a looming shadow, investors are swooping in on Generac, the celebrated maker of backup generators. It’s a striking reflection of our society’s urgent adaptation to a rapidly changing climate—a climate in which such products are no longer luxuries but necessities. Up nearly
As the U.S. Department of Education revives its “involuntary collections” for federal student loans, a dark and daunting landscape emerges for millions of borrowers. New data from TransUnion reveals a troubling trend: 31% of student loan borrowers are now classified as being in “late-stage delinquency,” with payments overdue by more than 90 days. This alarming
In an age where artificial intelligence has rapidly evolved from a niche technology into an integral part of various sectors, Ant Group is stepping up its game by leveraging this innovation in the healthcare space. The announcement of the new smartphone app, AQ, is not merely a response to market trends; it’s a strategic maneuver
The retail landscape has recently been a battlefield for giants, with H&M finding itself in a precarious situation. As one of the largest clothing retailers in the world, H&M’s attempts to revive its sluggish sales are indicative of broader challenges facing the industry. The reported 3% increase in sales for June, compared to a slow
The Federal Reserve’s recommendation to loosen restrictions on capital requirements for banks, specifically the enhanced supplementary leverage ratio (eSLR), raises significant concerns. This proposed change, intended to alleviate perceived limitations on bank operations, stands to undermine the very safeguards put in place in the wake of the financial crisis. The eSLR, one of the key
AeroVironment has recently emerged as a beacon of promise in the drone manufacturing sector, with an astonishing stock surge exceeding 24% after they unveiled fourth-quarter results that surpassed analyst expectations on multiple fronts. Reporting an adjusted earnings figure of $1.61 per share against the anticipated $1.39, alongside revenue that blew past forecasts at $275 million
In the current cultural landscape, the markers of adulthood have taken on a perplexing hue, especially as many adult children find themselves still tethered to their parents’ financial resources. Among the most trivial, yet deeply telling indicators of “maturity” in America is the act of coming off a parent’s cell phone plan. A striking 76%
The recent stock slide of Flagstar, a regional bank in New York, reflects the mercurial nature of investors who navigate the often nebulous waters of political influence on the economy. A 6% decline in the bank’s shares following Zohran Mamdani’s apparent lead in the Democratic primary for mayor of New York City serves as a
The recent overhaul of the Advisory Committee on Immunization Practices (ACIP) led by Health and Human Services Secretary Robert F. Kennedy Jr. represents a profound and alarming shift in the ever-contentious landscape of public health policy. Historically, ACIP has served as a pillar of scientific rigor and evidence-based guidance for immunization practices in the United
In a climate often marked by optimism and predictions of recovery, the housing market is displaying signs of distress that could disrupt not just economic stability but the dreams of many potential homeowners. Recent data from the National Association of Realtors (NAR) revealed an infinitesimal rise of 0.8% in the sales of previously owned homes