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TikTok Ban on Hold? App Fights for 170 Million US Users

TikTok Ban on Hold? App Fights for 170 Million US Users

On Tuesday, TikTok and its Chinese parent firm ByteDance filed a lawsuit in a U.S. federal court, attempting to overturn a bill that President Joe Biden had signed that would have required the 170 million Americans who use the short video app to either divest or outright prohibit it.

May 11, 2024 05:17 AM EDT


Equinox’s Ultra-Pricey Program Aims to Extend Your Life

Equinox’s Ultra-Pricey Program Aims to Extend Your Life

Equinox, a high-end fitness business, is charging for the ultimate luxury: longer life. The business unveiled a subscription on Monday that, at a whopping $36,000 annually, entitles users to more than 100 tests designed to improve health and lengthen life.

May 10, 2024 10:47 AM EDT


Biden and McConnell Under Fire as Rand Paul Denounces Spending on Ukraine Aid

Biden and McConnell Under Fire as Rand Paul Denounces Spending on Ukraine Aid

Senator Rand Paul criticized President Biden and Senate Minority Leader Mitch McConnell during an interview aired on Sunday, focusing on the expenditure of "borrowed" money on Ukraine.

May 10, 2024 03:04 AM EDT


Bond Yields Drop as Job Growth Slows

Bond Yields Drop as Job Growth Slows

After the April jobs data revealed weaker-than-expected payroll growth and an unexpected tick higher in the unemployment rate, U.S. Treasury rates fell on Friday.

May 06, 2024 04:18 PM EDT


Will Apple Keep Buffett Smiling? Doubts Emerge Over Company's Dominance

Will Apple Keep Buffett Smiling? Doubts Emerge Over Company's Dominance

Even as late as 2020, four years after his investment colossus began to build a sizable stake in the business that produces iPhones, Warren Buffett of Berkshire Hathaway was still using a flip phone.

May 06, 2024 04:18 PM EDT


To The Trenches

Is China's Central Bank Gold-Buying Spree a Precursor for War? Part II of II

The idea of a nation acquiring large gold reserves in preparation for military endeavors is not without historical precedent. Prior to World War I, European powers increased their gold reserves, and a century later, Russia's central bank doubled its gold holdings in the years before its invasion of Ukraine. This same strategic stockpiling of gold could be inferred from China and its pre-war positioning for a Taiwan incursion.

May 06, 2024 04:17 PM EDT


Regulatory Hurdles Remain Despite Cannabis Reclassification

Regulatory Hurdles Remain Despite Cannabis Reclassification

Tuesday afternoon saw a spike in cannabis stocks due to reports that the Biden administration might reclassify the substance as less harmful. T

May 03, 2024 03:16 PM EDT


JPMorgan Predicts No Rate Cuts, Potentially Boosting Returns

JPMorgan Predicts No Rate Cuts, Potentially Boosting Returns

JPMorgan Chase & Co. President Daniel Pinto suggested that the Federal Reserve might not cut interest rates at all this year due to persistently high inflation.

May 02, 2024 02:59 PM EDT


Is Your Luxury Bag Real? Rising Superfake Quality Threatens Your Investment

Is Your Luxury Bag Real? Rising Superfake Quality Threatens Your Investment

Luxury handbag counterfeiting has taken off on social media. The most recent wave of counterfeit handbags, dubbed "superfakes," resembles the real luxury item remarkably well rather than being poorly constructed knockoffs.

May 03, 2024 03:13 PM EDT


Inflation Bites as Low-Income Shoppers Skip Extras

Inflation Bites as Low-Income Shoppers Skip Extras

Several of the most well-known companies in America claim that as prices rise, inflation is pinching their customers.

May 03, 2024 03:12 PM EDT


Protect Your Wallet: FBI Warns of Rising Elder Fraud Targeting Seniors

Protect Your Wallet: FBI Warns of Rising Elder Fraud Targeting Seniors

According to a recently released FBI report, Americans over 60 were the victims of so-called elder fraud crimes more often last year than any other year, accounting for an estimated $3.4 billion in total reported losses.

May 02, 2024 03:08 PM EDT


 Is it Time to Invest in Weed? Pot Stocks Rise on Reclassification, But Caution Urged

Is it Time to Invest in Weed? Pot Stocks Rise on Reclassification, But Caution Urged

Cannabis company shares shot up on Tuesday afternoon following the U.S. Marijuana was reclassified by the Department of Justice (DoJ) as a less harmful substance.

May 03, 2024 03:04 PM EDT


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