Month: August 2024

Arsenal names Athletic Brewing as official nonalcoholic beer partner
Athletic Brewing Company is the official nonalcoholic beer partner of Arsenal F.C. Courtesy: Athletic Brewing Co. Athletic Brewing Company has scored a partnership with Arsenal, becoming the English soccer team’s first official nonalcoholic beer partner. Arsenal will feature Athletic Brewing’s Run Wild IPA at Emirates Stadium for both men’s and women’s matches, and Athletic Brewing […]
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U.S. crude oil rises as Wall Street rallies, market braces for expected Iran attack against Israel
U.S. crude oil rose above $73 a barrel on Tuesday as the market braces for an attack by Iran against Israel and Wall Street rallies after the sell-off in the previous session. West Texas Intermediate closed at a six-month low on Monday after equity markets sold off on fears that the U.S. economy might tip […]
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Elon Musk will interview Trump on Monday night, Republican presidential nominee says
Elon Musk and Donald Trump. David Swanson | Vincent Alban | Reuters Republican presidential nominee Donald Trump said he will be interviewed on Monday night by Elon Musk, the billionaire who runs Tesla, SpaceX and social media site X. The former president’s planned talk with Musk comes on the heels of Democratic presidential nominee and Vice President […]
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Healthy Returns: What drugmakers are saying about final negotiated prices with Medicare
President Joe Biden speaks during an event at the National Institutes of Health in Bethesda, Maryland, Dec. 14, 2023. Chris Kleponis | Bloomberg | Getty Images Think a friend or colleague should be getting this newsletter? Share this link with them to sign up. Good afternoon! The first round of Medicare drug price negotiations has come […]
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Where BlackRock’s Rick Rieder sees income opportunity amid the market volatility
As investors search for income amid the market volatility, high-yield bonds are an attractive place to be, according to BlackRock’s Rick Rieder. Stocks bounced back Tuesday after suffering steep losses in the prior session that led the S & P 500 and the Dow Jones Industrial Average to their worst performances since 2022. Treasury yields […]
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Markets are counting on the Fed to head off recession with sizeable interest rate cuts
Key Points In the market’s eyes, the Fed finds itself either poised to head off recession or doomed to repeat the mistakes of its recent past. “No recession today, but one is increasingly inevitable by year-end if the Fed fails to act,” said Steve Blitz, chief U.S. economist at TS Lombard. Traders are pricing in […]
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Disney raises streaming prices for Hulu, Disney+ and ESPN+
The atmosphere at the Disney Bundle Celebrating National Streaming Day at The Row in Los Angeles on May 19, 2022. Presley Ann | Getty Images Entertainment | Getty Images Disney is raising prices on its streaming platforms. Starting mid-October, most plans for Disney+, Hulu and ESPN+ will cost $1 to $2 more per month, according […]
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Trump, Harris campaigns race to define Democratic running mate Tim Walz
This combination of pictures shows Vice President Kamala Harris in Washington, DC on July 22, 2024, and Governor of Minnesota Tim Walz in Washington, DC, July 3, 2024. Jim Watson, Chris Kleponis | AFP | Getty Images The Kamala Harris and Donald Trump presidential campaigns on Tuesday raced to push out dueling portraits of newly […]
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Why investors may want to wait before buying the dip: ‘Don’t rush to try to catch a falling knife’
It is not time to buy the dip just yet. The S & P 500 was higher Tuesday, one day after the broad market index posted its worst day in nearly two years amid revived fears of a recession. The broad market index lost 3%, its biggest one-day drop since 2022. The Nasdaq Composite dropped […]
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