The U.S. Equal Employment Opportunity Commission is investigating Nike following allegations that its workplace diversity initiatives led to unfair treatment of white workers and job applicants, a move the company disputes as it undergoes significant restructuring.
While California's climate and scenery have long attracted retirees, a perfect storm of soaring costs—from housing and taxes to insurance and healthcare—is leading many seniors to question their move. Beyond the sunshine, the financial realities of life in the state are prompting widespread regret.
While the average retiree collects around $2,000 monthly, a select few are on track for benefits exceeding $5,000 next year. Achieving this maximum, however, requires a career path few would choose—and financial experts question its true value for most.
The court-appointed receiver for Uncle Nearest Premium Whiskey has warned that returning control to founders Fawn and Keith Weaver could trigger immediate foreclosure by lender Farm Credit, despite earlier optimism about the brand's recovery prospects.
Eli Lilly shares surged Wednesday after the pharmaceutical giant projected robust revenue growth through 2026, fueled by its weight-loss drug portfolio. The upbeat outlook contrasted sharply with rival Novo Nordisk, whose stock tumbled following a weaker-than-expected sales forecast.
Wheaton Precious Metals, a streaming giant with a skeleton crew, has consistently outperformed physical gold for over a decade. We examine the unique business model fueling its staggering returns and ask if the run can continue.
Two leading forces in the spirits industry—The Daily Pour and WhiskyX—have announced a strategic merger, creating a combined platform set to dominate the premium whiskey events landscape across the United States.
A 1,000-pound great white shark, tracked by researchers for over 3,000 miles, has surfaced unusually close to Alabama's shoreline—a rare event that offers new insights into the behavior of this apex predator in the Gulf of Mexico.
The 159-year-old Uncle Nearest whiskey brand, under court-appointed receivership since last fall, is fighting for survival. A pivotal hearing next week will decide whether control returns to founders or remains with a receiver working to stave off Chapter 7 liquidation by selling off non-core assets.
U.S. wheat futures edged lower in Wednesday's session, with all three major classes showing modest declines as traders await key export sales figures for market direction.
From 2 million to 20 million, the staggering range of estimates for the U.S. housing shortfall reveals a deeper debate over what constitutes a 'shortage' and how to fix an affordability crisis squeezing millions of families.
Amid a buoyant market rally, companies where executives and directors hold significant stakes are drawing investor attention. We examine three firms with robust earnings forecasts and substantial insider ownership, weighing their growth potential against underlying risks.
While Nvidia's dominance in AI chips has fueled a historic market rally, a deeper look suggests many individual investors may not need to add direct shares to their portfolios.
A Democratic blockade of a key Federal Reserve nominee, citing ongoing investigations into sitting officials, has increased the likelihood that Chair Jerome Powell remains in his role past May. The departure of a top White House economic adviser further distances the administration from the central bank.
Dollar General has agreed to an $8.5 million class action settlement to resolve allegations of overcharging customers at checkout. Eligible shoppers who made purchases between 2016 and 2025 may file claims for compensation and in-store benefits.
The White House has deleted and corrected a social media post that falsely accused a Honduran man of child sex offenses, marking another incident of erroneous information being disseminated amid its immigration enforcement publicity campaign.
While market volatility unnerves many savers, financial experts warn that an overly conservative investment strategy during one's prime earning years may pose a far greater long-term risk to retirement security.
As the semiconductor sector rides the AI wave, a strategic divergence emerges between the industry's indispensable foundry, TSMC, and the diversified giant, Broadcom. With valuations and growth trajectories telling different stories, we analyze why portfolio concentration on one may be the prudent move for 2024.
While Eli Lilly's stock surged on weight-loss drug hype, its premium valuation prompts a look at undervalued rival Pfizer, which is pivoting its strategy after a pipeline setback.
PepsiCo has announced significant wholesale price cuts of up to 15% on its flagship snack brands like Doritos and Cheetos. While the move is framed as a response to consumer pressure, the final savings for shoppers hinge on individual retailers' pricing decisions.
