Prediction Markets Saw Biden’s Exit Coming Long Before Eventual Departure from 2024 Race
Betting platforms like Polymarket accurately signaled Joe Biden's departure from the 2024 race, sparking debate over their role as political indicators.
Amazon Bagged A Record $14.2B During Its 48-Hour Prime Day Sale
Amazon sets a new record with $14.2B in Prime Day sales as e-commerce continues its rapid growth across the US retail landscape.
YouTube Is Giving Streaming Companies A Run For Their Money
YouTube is capturing record TV viewing time, challenging traditional streamers and fueling massive revenue growth for parent company Alphabet.
The Rent Market is Softening, But For Many Low-Income Americans, the Costs Are Still Too High
While the US rental market shows mild cooling, record numbers of low-income Americans struggle with high costs and a surge in evictions.
The Republican Party’s Endorsement of Crypto Is Helping It Dodge A Downturn
The Republican Party's new pro-crypto stance is helping digital assets recover from recent sell-off fears as political momentum builds.
Burberry Finds Out What’s Inside the Luxury Pandora Box
Burberry faces a major leadership overhaul and dividend suspension as cooling demand in China and a luxury market slowdown drag down its performance.
Mixed Bank Earnings Highlight Struggling Consumers
Mixed bank earnings signal growing pressure on US consumers, with rising bad debt and falling retail lending profits hitting major financial stocks.
Apple Fails Vision Test As Headset Sales Fall 75% Since Last Quarter
Apple Vision Pro sales drop by 75% as consumer demand falters. Analysts point to high pricing and lack of utility, with cheaper models expected in 2025.
Current Population Survey Response Rate Drops to 70%, Raising Concerns About US Economic Data Accuracy
Declining survey response rates and budget cuts at the Bureau of Labor Statistics are raising alarms over the future reliability of key US economic data.
America Is Going Through A Bankruptcy Boom, With June Seeing 75 New Monthly Filings
US corporate bankruptcy filings hit a four-year high in June as high interest rates and spending shifts pressure debt-heavy mid-to-large companies.
Hollywood’s Largest Deal of the Year Has Finally Landed On the Big Screen: Paramount Is Merging with David Ellison’s Skydance
Paramount has officially signed a deal to be acquired by David Ellison’s Skydance in a move to go private and overhaul the media giant's operations.
