Posts with tag: consumer behavior
The pharmaceutical industry and pharmacy benefit managers (PBMs) are at odds in Washington, D.C., as drug companies push for policies that would benefit patients at the expense of PBM profits. PBMs, such as CVS Caremark, defend their value in the healthcare system, while scrutiny from policymakers intensifies and new models for low-cost prescription access emerge.
Published on: February 20, 2025, 03:01 AM UTC
Intel stock jumped 16% following reports that rivals Broadcom and TSMC are exploring potential deals to split the chipmaker into two.
Published on: February 19, 2025, 08:02 AM UTC
Perplexity releases Deep Research, a free AI research tool that provides detailed answers with citations. It excels in expert-level tasks and outperforms other AI models on Humanity's Last Exam.
Published on: February 15, 2025, 07:00 PM UTC
Inflation has been on the rise, with the latest Consumer Price Index (CPI) results showing a year-over-year increase of 3% and a 0.5% increase from December. This is the largest month-over-month increase in CPI results since August 2023. Despite rising wages and a solid job market, many consumers are still feeling the pinch of higher prices, especially in areas like housing, tuition, and healthcare.
Published on: February 15, 2025, 03:00 PM UTC
Super Micro Computer (SMCI) stock fluctuates after reporting delayed SEC filings and preliminary earnings that missed estimates. The company faces DOJ investigation and Nasdaq delisting risk, but has hired a new accountant and an independent review found no misconduct.
Published on: February 12, 2025, 04:01 AM UTC
Oil rises after sliding to lowest level this year amid Trump's trade tariffs and Gaza comments
Published on: February 06, 2025, 11:01 AM UTC
US stocks rose on Monday as earnings from megacaps overshadowed downbeat readings on services and tech earnings. The S&P 500 advanced 0.1%, the Dow climbed 0.3% and the Nasdaq was little changed. Treasury yields fell as new orders for US service providers hit the weakest level since June.
Published on: February 05, 2025, 07:04 PM UTC
Asian stocks plummet and US equity futures point lower over fears of a global trade war sparked by US tariffs on Canada, Mexico, and China. US dollar surges against yuan, Canadian dollar, and Mexican peso, hitting record highs.
Published on: February 03, 2025, 02:04 AM UTC
Listen to Decoding Retirement, a podcast exploring the 401(k) system's challenges, including portability issues leading to lost accounts and workers cashing out. Expert Laurie Rowley suggests rolling over 401(k)s into IRAs or using a Portable Retirement Plan (PRP) for better portability and control.
Published on: February 03, 2025, 02:02 AM UTC
Trump threatens 25% tariffs on Mexico, Canada; markets await Feb. 1 deadline
Published on: January 31, 2025, 09:01 AM UTC