The recent data from the Labor Department revealed a positive trend in the job market, with a decline in the number of Americans filing new applications for jobless benefits. This decrease in jobless claims indicates that layoffs are remaining low, which is a promising sign for the overall health of the labor market. The weekly
Pepsi has recently launched their new advertising campaign titled “Make Your Gameday Epic,” a campaign that pays homage to their iconic “Roman Empire” TV spot from nearly 20 years ago. This time around, the commercial features the talented Megan Thee Stallion as Empress Megan, alongside NFL superstars Josh Allen, Derrick Henry, Justin Jefferson, and Travis
In a recent decision made by a regional director for the National Labor Relations Board (NLRB), it was determined that Amazon should be considered a “joint employer” of a group of its contracted delivery drivers. This decision came after two unfair labor practice charges were filed in January regarding the treatment of drivers at an
Two U.S. Consumer Product Safety Commission members, Peter Feldman and Douglas Dziak, are calling for an investigation into the safety practices of “foreign-owned” e-commerce platforms like Shein and Temu. The focus of this probe is specifically on the alleged sale of “deadly baby and toddler products,” bringing to light the potential risks associated with these
Broadcom, the third largest component in the VanEck Semiconductor ETF (SMH), has been a top performer in 2024. With a 38% increase in shares this year, it is clear that investors have taken notice of its potential. Despite being up 16% in the past three months, the stock is still 17% lower than its June
Molson Coors recently made headlines with their decision to reverse their diversity, equity, and inclusion (DEI) policies. This move comes at a time when many companies are reevaluating their approach to DEI initiatives. In an internal memo obtained by CNBC, Molson Coors executives stated that they will be eliminating supplier diversity quotas, citing complexities and
Broadway’s latest production, The Roommate, starring Patti LuPone and Mia Farrow, has started off with a bang. The play, directed by Jen Silverman, exceeded expectations during its first weekend of previews at the Booth Theatre. Playing to over 100% capacity, The Roommate grossed an impressive $315,873 for just four previews. The story revolves around two
Within Tiger 21’s network of ultra-high-net-worth investors and entrepreneurs, a surprising 57% of members have chosen not to invest in chip giant Nvidia. Many of these members have expressed their hesitation to start a position in the company, citing concerns about the sustainability of Nvidia’s growth and the potential for competitors to catch up in
The recent volatility in the stock market has left investors on edge, with major players like Nvidia experiencing significant losses. Nvidia’s market cap plummeted by $279 billion in a single day, marking the fifth time it has lost over $200 billion in value in such a short period. The stock’s decline of 9.5% in a
The recent release of soft U.S. manufacturing data has caused a ripple effect in global markets, with the Japanese yen emerging as a safe-haven currency while riskier options like the Australian dollar and sterling registered losses. This shift in market sentiment comes on the heels of the worst sell-off in almost a month on Wall