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Orange Juice Costs Surge, Threatening Breakfast Staple

Orange Juice Costs Surge, Threatening Breakfast Staple

Due to ongoing supply shortages, orange juice prices have reached new all-time highs, sending the sector into crisis mode and compelling some producers to look at using other fruits.

May 31, 2024 03:00 PM EDT


Salesforce Shares Plummet 20% After Disappointing Results

Salesforce Shares Plummet 20% After Disappointing Results

The stock had its worst day in over 20 years on Thursday, when Salesforce's shares finished 20% down. July 4, 2004, the day the stock plunged 27% only days after the business went public, is the worst trading day in company history.

May 31, 2024 12:10 PM EDT


Could Economic Uncertainty Push Up Gold Prices in June?

Could Economic Uncertainty Push Up Gold Prices in June?

In 2024, gold has seen tremendous growth thus far. The price of the product increased by more than 18% this year alone, from $2,063.73 per ounce on January 1 to $2,439.98 per ounce on May 20. Even if it has somewhat decreased recently, if you own gold or are thinking about buying some, you might be wondering if the rising trend will last for the remainder of the year.

May 31, 2024 02:00 PM EDT


IRS Permanently Extends Free Filing Option, Encourages State Collaboration

IRS Permanently Extends Free Filing Option, Encourages State Collaboration

The IRS said on Thursday that it will extend its trial of a free electronic tax return filing system to all 50 states as well as the District of Columbia, requesting that they assist taxpayers in completing their forms through the program by 2025.

May 31, 2024 11:06 AM EDT


OpenAI CEO Sam Altman With $2 Billion Net Worth Commits Half His Fortune to Philanthropy

OpenAI CEO Sam Altman With $2 Billion Net Worth Commits Half His Fortune to Philanthropy

Sam Altman, CEO of OpenAI, has announced his commitment to donate the majority of his wealth to philanthropic causes, aligning himself with other billionaires who have pledged significant contributions.

May 31, 2024 11:30 AM EDT


65% of Gen Z Prioritizes Travel Despite Financial Risks

65% of Gen Z Prioritizes Travel Despite Financial Risks

According to a Bank of America survey published on May 20, Gen Z is more likely than previous generations to be planning travels abroad since they are no longer content with taking road trips to their parents' houses.

May 31, 2024 11:01 AM EDT


Student Loan Debt Hinders Retirement for Around 2.2 Million Over 55

Student Loan Debt Hinders Retirement for Around 2.2 Million Over 55

There's another group of debtors-Americans over 55 who are getting close to retirement-who are frequently disregarded and have their own unique set of difficulties.

May 30, 2024 12:22 PM EDT


IRS Data Breach: Files of At Least 50,000 Americans Stolen

IRS Data Breach: Files of At Least 50,000 Americans Stolen

A victim of the heist wrote a commentary for the Wall Street Journal today, claiming that the IRS hacker took the tax files of between 50,000 and 70,000 individuals, making it the greatest theft of private taxpayer information in American history.

May 29, 2024 12:13 PM EDT


Tesla Shareholders Consider Elon Musk’s $56 Billion Compensation After Judge Says He Improperly Rewarded

Tesla Shareholders Consider Elon Musk’s $56 Billion Compensation After Judge Says He Improperly Rewarded

A two-month dispute between Elon Musk's allies and adversaries surrounds the reinstatement of the tech billionaire's record $56 billion compensation package.

May 29, 2024 11:31 AM EDT


California Drivers Feeling the Pinch, State Mulls Measures to Lower Gas Prices

California Drivers Feeling the Pinch, State Mulls Measures to Lower Gas Prices

Given the skyrocketing cost of petrol in California, legislative representatives have announced a detailed strategy to solve the problem.

May 28, 2024 09:48 PM EDT


Gold, Silver, Copper Cool Off After Record Climbs, Experts Predict More Gains

Gold, Silver, Copper Cool Off After Record Climbs, Experts Predict More Gains

The price of gold has been rising to all-time highs; on Monday, spot gold reached a fresh peak of $2,449.89 per ounce. Prior to this past week, industrial metal copper and silver both reached multi-year highs.

May 28, 2024 05:29 PM EDT


Retailers Slash Prices to Woo Budget-Conscious Customers This Summer

Retailers Slash Prices to Woo Budget-Conscious Customers This Summer

There may be additional reasons for Americans to rejoice in the return of warmer weather if they spend Memorial Day shopping for deals both online and in physical locations.

May 28, 2024 05:49 PM EDT


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