Newsom Urged to Declare Emergency Over California Insurance Crisis

The recent turmoil in California’s insurance market has sparked a significant shift in investor sentiment towards insurance stocks. With major insurers scaling back their operations in the state, it may…

From Gloom to Boom: The Unexpected Rise in U.S. Retirement Savings

Recent studies from Vanguard and the Transamerica Center for Retirement Studies paint a much brighter picture of Americans’ retirement savings than often reported. According to Vanguard’s “How America Saves 2024”…

FedEx Poised for Major Shakeup: Freight Division Spin-Off on the Horizon

FedEx Corporation is reportedly exploring the possibility of spinning off its freight division in a strategic realignment aimed at streamlining operations, enhancing shareholder value, and allowing each entity to focus…

Pandemic Fallout: The Trillion-Dollar Debt That Won’t Go Away

Governments around the world owe a staggering $91 trillion, which is almost as much as the entire global economy. This massive debt will eventually affect people everywhere. The COVID-19 pandemic…

Beryl’s Soft Blow to Power Grid May Spark Natural Gas Price Hike

As Hurricane Beryl passes through, the anticipated widespread power outages have not materialized, with fewer people losing power than initially expected. This development could have significant implications for the natural…

Mod Pizza Could Be the Next Chain to File for Bankruptcy

Mod Pizza’s Financial Struggles: High Interest Rates More Impactful Than Minimum Wage Hikes Popular fast-casual pizza restaurant chain Mod Pizza is reportedly preparing to file for Chapter 11 bankruptcy as…

Nike Stock Plummets After Surprise Sales Forecast: Is It Time to Buy?

Nike (NYSE: NKE) shares took a significant hit following the company’s disappointing forecast for fiscal 2025. The athletic apparel and footwear giant predicted a surprising sales decline, causing its stock…

Gold Prices Soar Amid Economic Uncertainty: What to Expect in the Coming Months

As of early July 2024, gold is trading at approximately $2,326.43 per ounce, maintaining its status as a preferred safe-haven asset amidst ongoing economic and geopolitical turbulence. This marks a…