Economy

Economy
Economy

A man found $128K on top of a Bank of America ATM. Here’s what he did next

Most people imagine their lives changing instantly if they stumbled upon a small fortune, but for one Texas man, finding over 128 thousand dollars atop an ATM was simply a problem that needed solving. The thirty seven year old barber was visiting a Bank of America machine in Lewisville, about thirty miles north of Dallas,

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Economy

Nike stock drops as revenue falls short of estimates, China sales plunge again

Nike shares dipped further in extended trading on Thursday after the sportswear giant missed revenue expectations and revealed a deepening crisis in one of its most critical markets. While earnings per share actually beat analyst predictions, coming in at 48 cents against an expected 43 cents, total revenue fell four percent to 11.21 billion dollars.

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Economy

Mortgage rates surge to highest level since 2023 as bond yields spike

Prospective homebuyers are facing a steeper climb as mortgage rates hit their highest mark since late 2023. According to the latest Primary Mortgage Market Survey from Freddie Mac, the average rate for a benchmark 30 year fixed mortgage jumped to 7.28 percent this week, up from 7.03 percent just seven days prior. This represents a

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Economy

CNBC Daily Open: Crude flows back at prewar levels, but at what cost?

Global energy markets reached a significant milestone this week as crude oil flows through the Strait of Hormuz finally returned to prewar levels. Data from Goldman Sachs, JPMorgan, and Kpler indicate that exports moving through this critical maritime chokepoint have averaged about 13.5 million barrels per day over the last week, effectively hitting the previous

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Economy

Stock Market Today: Dow Sinks As Yields Surge; Accenture Vaults On Earnings Beat (Live Coverage)

It was a tug of war on Wall Street this Thursday as investors grappled with rising treasury yields and mixed corporate reports. The Dow Jones Industrial Average drifted lower, slipping about 0.1 percent, while the S&P 500 struggled to maintain its footing. Technical analysts noted that the S&P 500 dipped below its critical 50 day

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Economy

Egg prices have tumbled since Trump returned to office. Here’s why

President Trump has spent much of his second term boasting that his return to office ended the era of runaway egg prices, frequently pointing to the dramatic drop in costs as a victory for his administration. Federal data supports the claim that prices have plummeted, falling from an average of 4.95 dollars a dozen in

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Economy

Walmart is using light-up digital shelf labels to help shoppers and employees find items

Walmart is turning its aisles into a high tech scavenger hunt to solve one of the oldest frustrations of big box shopping: finding a single item among 120,000 different products. The retail giant is expanding a series of tools linked to its digital shelf labels designed to guide both shoppers and staff toward specific items

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Economy

Forget ‘coffee badging’: ‘Calendar stalkers’ game return to office

The era of coffee badging, where employees would swipe their IDs and flee back home after a quick caffeine fix, is being replaced by a more calculated strategy known as calendar stalking. As companies double down on strict return to office mandates, workers are now obsessively monitoring their managers’ digital calendars to ensure their office

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Economy

Mark Ruffalo blasts Paramount-Warner Bros. merger after judge clears $110B Hollywood deal

Mark Ruffalo did not hold back his frustration following a federal judge’s decision to greenlight the massive 110 billion dollar merger between Paramount and Warner Bros. Discovery. Taking to social media, the actor described the ruling as incredibly disappointing, claiming that the consolidation of these two entertainment giants will ultimately stifle artistic creativity and threaten

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Economy

Lilly’s retatrutide GLP-1 delivers average weight loss of 50 pounds

Eli Lilly is pushing the boundaries of weight loss science with its latest experimental medication, retatrutide, which has shown staggering results in recent clinical trials. According to data released during a medical conference in Europe and published in the journal Lancet, patients with type 2 diabetes taking the highest dose of the drug lost an

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