Rep. Rob Bresnahan, a first-term Republican from Pennsylvania, has become the most active trader in the state’s congressional delegation despite introducing a bill to ban congressional stock trading. In 2023, he reported 617 stock trades totaling $7.24 million, more than five times as many trades as the next most active trader. The controversy surrounding Bresnahan’s … Read more
Amazon’s recent grocery expansion has sent shockwaves through the delivery market, with shares of rival Uber falling 1% after the announcement. The e-commerce giant plans to offer same-day grocery delivery in over 1,000 cities by year-end, expanding its reach to 2,300 locations. However, analysts maintain that Uber is well-positioned to withstand the competitive pressure. With … Read more
A surge of over 25% this year has led to a record high for cryptocurrencies. As a result, many companies connected to digital currencies are going public. Several firms are already capitalizing on the trend and planning new listings, indicating that more crypto-related IPOs may be on the horizon. Source: https://www.barrons.com/articles/crypto-ipos-wall-street-go-wild-circlie-bullish-a725e223
US Health Secretary Robert F. Kennedy Jr has announced the federal government’s decision to terminate 22 grants worth nearly $500 million for projects researching messenger RNA (mRNA) vaccines, a technology that played a key role in saving millions of lives during the COVID-19 pandemic. The decision is a significant blow to the field, which has … Read more
Apple’s highly anticipated iPhone 17 event is just weeks away, and excitement is building among tech enthusiasts worldwide. Here’s a rundown of the latest rumors and leaks about what’s expected at the event. The main attraction will be the new iPhone lineup, which includes four models: the base iPhone 17, iPhone 17 Pro, iPhone 17 … Read more
Ford is taking bold steps to compete with the low-cost electric vehicles (EVs) coming out of China. The company’s CEO, Jim Farley, recently spent six months driving a Xiaomi SU7, a top-rated Chinese EV that boasts advanced features like AI assistants and touch screens at an affordable price tag of $30,000. Farley has expressed concerns … Read more
Firefighters across Spain, Portugal, and Greece battled ongoing wildfires Friday, the last day of a significant religious holiday in all three countries. The hot, dry conditions are expected to continue for several more days. In Spain, 14 major fires were burning, with temperatures set to rise over the weekend. “Today will once again be a … Read more
The New England Patriots sent out their starting offense to handle the first two drives of their preseason game against the Minnesota Vikings on Saturday. Despite a joint-practice showing that favored the Vikings, the Patriots’ starters showed signs of improvement. The No. 1 unit scored a touchdown and punted once, with quarterback Drake Maye making … Read more
Dodgers manager Dave Roberts had no doubt that Clayton Kershaw was the right man for the job, and on Friday night, Kershaw proved himself to be just that. The 37-year-old veteran pitcher carried a struggling Dodgers team on his shoulders, delivering six strong innings of one-run baseball against the San Diego Padres. Kershaw’s impressive performance … Read more
A mass shooting on Park Avenue has led to a surge in demand for corporate security services, with companies seeking measures such as armed guards, German Shepherds, and improved elevator and turnstile security. The incident, which killed four people and injured one, has sparked a panic among some corporations headquartered in office buildings across the … Read more