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Image for PepsiCo Raises Revenue Guidance on Price Hike Strategy

PepsiCo Raises Revenue Guidance on Price Hike Strategy

Early this week, PepsiCo Inc raised its full-year guidance for revenue, commenting that they may continue to raise prices over the next few months.  Apparently, the beverage giant believes the existing price increases have not had... More of this article »
Image for Will Chrome OS 105 Carry a Feature to Improve Chromebook Battery Life?

Will Chrome OS 105 Carry a Feature to Improve Chromebook Battery Life?

Tech giant Google is currently in the process of testing a new feature for Chromebooks that have the potential to substantially improve laptop battery life.  The upcoming developer release of Chrome OS 105, apparently, has a test... More of this article »
Image for White House Attempts To Temper Harsh Inflation Report

White House Attempts To Temper Harsh Inflation Report

White House officials went on the defensive this week in anticipation of another unappetizing report after continued months of soaring inflation. Just one day before the White House was to release June’s consumer price index... More of this article »
Image for Gold Stumbles Under the Pressure of a Strong Dollar and Brooding Rate Hikes

Gold Stumbles Under the Pressure of a Strong Dollar and Brooding Rate Hikes

As a commodity, gold fell to a nine-month low, earlier this week. This adds to existing pressure from the presently-strong dollar, as well as a pending rate hike.  Investors now await for the latest economic data to see how it might... More of this article »
Image for US Mortgage Rates Slip As Housing Industry Complications Grow

US Mortgage Rates Slip As Housing Industry Complications Grow

This past week, mortgage rates in the United States fell at their fastest pace in more than 10 years, mostly on economic uncertainty in the bond market at a time when home prices have soared to historic heights. Specifically, the average... More of this article »
Image for GameStop Replaces CFO In Aggressive Turnaround Plan

GameStop Replaces CFO In Aggressive Turnaround Plan

Video game retail chain GameStop Corp has let go its Chief Financial Officer, Mike Recupero, and will be making more job cuts in the near future as they try to turn their business around. Actually, the Grapevine, TX-based company said... More of this article »
Image for FDA Announces Plan to Diversify Baby Formula Industry to Increase Availability

FDA Announces Plan to Diversify Baby Formula Industry to Increase Availability

In the middle of the first week of July, the United States Food and Drug Administration announced a new plan intended to begin to address the baby formula shortage in the United States.  Of course, this shortage came out of the shutdown... More of this article »
Image for Twitter Begins Testing of Collaborative Author “CoTweets”

Twitter Begins Testing of Collaborative Author “CoTweets”

During the first week of July, Twitter started testing a brand new feature that would allow two separate accounts to author the same tweet within the social network. This new “CoTweets” feature allows not only two accounts to co-author... More of this article »
Image for Oil Takes a Dive As IMF Cuts Global Growth Forecast

Oil Takes a Dive As IMF Cuts Global Growth Forecast

Oil prices dipped roughly 5 percent on Tuesday’s volatile trading activity after the International Monetary Fund slashed its economic growth forecast and expressed concern over continued high inflation. As such, the global benchmark... More of this article »
Image for Lululemon Expects Doubling Sales—to $12.5B—in the Next Five Years

Lululemon Expects Doubling Sales—to $12.5B—in the Next Five Years

While tech stocks have taken a hit—mostly reeling from Netflix’s first subscriber loss in more than 10 years—apparel companies may have a better outlook. For one, athletic wear company Lululemon is looking to double its 2021... More of this article »
Image for Dow UP 250 Points, but Nasdaq Takes a Big Hit On Big Loss from Netflix

Dow UP 250 Points, but Nasdaq Takes a Big Hit On Big Loss from Netflix

The market floor was divided on Wednesday as Wall Street traders tried to strategize a rush of first-quarter earnings activity.  With that, the Dow Jones Industrial Average bounced back on strong earnings from Procter & Gamble. ... More of this article »
Image for IMF Advises Governments Should Protect the Vulnerable When Handling Covid Debt

IMF Advises Governments Should Protect the Vulnerable When Handling Covid Debt

Sentiments at the International Monetary Fund have long been pessimistic. In just the last year alone, the global body responsible for keeping the world economy stable has kept a gloomy outlook. Of course, the data certainly supports... More of this article »
Image for Gold Prices Rise Along With Inflation

Gold Prices Rise Along With Inflation

Gold futures eked their way up across international markets, this week, to peak at heights not seen since about a month ago. Specifically, spot gold saw a bump of 0.5%, to $1,984.58 per ounce. This helped to shore up US gold futures,... More of this article »
Image for Stock Market Sluggish As 10-Year Treasury Bond Yields Reach Five-Year High

Stock Market Sluggish As 10-Year Treasury Bond Yields Reach Five-Year High

As the 10-year US treasury bond yield climbs to its highest mark in five years, the US stock market took a dip, this week. Investors now wait for the latest quarterly earnings report to begin forming strategies for the months to come. Indeed,... More of this article »
Image for 10-Year US Treasury Bond Yield Hits Three-Year High

10-Year US Treasury Bond Yield Hits Three-Year High

In the face of rising inflation, the US Treasury 10-year benchmark yield hit its highest level in at least the past three years, on Monday. Indeed, the biggest 10-year US Treasury note jump registered 4 basis points, to 2.851%, in... More of this article »
Image for Twitter Adopts “Poison Pill” Plan to Block or Delay Elon Musk’s Plan to Buy the Company

Twitter Adopts “Poison Pill” Plan to Block or Delay Elon Musk’s Plan to Buy the Company

Twitter adopted a limited duration shareholder rights plan, often called a “poison pill,” essentially that would block or delay billionaire Elon Musk’s bid to buy the company for $43 billion. The board voted unanimously... More of this article »
Image for Consumer Sentiment Rises To Three-Month High, Surprising Analysts

Consumer Sentiment Rises To Three-Month High, Surprising Analysts

After two years of growing uncertainty, consumer sentiment in the United States hit a surprising three-month high in early April.  With job growth numbers and wages both looking optimistic in the months to come, analysts say they... More of this article »
Image for US Stock Indexes Sink on Tough Earnings and Inflation Data

US Stock Indexes Sink on Tough Earnings and Inflation Data

The U.S. stock market took a dip on Thursday to close out another week of losses as investors digest a storm of bank earnings under increased CPI pressure. Both the tech-heavy Nasdaq Composite and Standard & Poors 500 indices fell... More of this article »
Image for Alzheimer’s disease may be prevented through healthy lifestyle

Alzheimer’s disease may be prevented through healthy lifestyle

Healthy lifestyle could help people to live longer and live a life without the risk of Alzheimer’s disease. The US study published by The BMJ today suggests that a healthy lifestyle is associated with longer life expectancies, but... More of this article »