Bernard Arnault, the founder and CEO of LVMH and one of the world’s wealthiest individuals, has been making significant investments in artificial intelligence companies through his venture firm and family office, Aglaé Ventures. These investments have not only showcased Arnault’s interest in the technology sector but also demonstrated his commitment to staying ahead of the
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The federal minimum wage has remained stagnant at $7.25 per hour for the past 15 years, greatly impacting the livelihood of workers across the country. Democratic presidential nominee Kamala Harris has proposed raising the minimum wage, emphasizing the need to support working families in America. While several states have implemented higher minimum wage rates, there
Buffer ETFs are gaining attention from investors as a potential tool to protect against recent market turbulence. Bruce Bond, the CEO of Innovator ETFs, believes that buffer exchange-traded funds offer a means of exposure to the market without bearing the full brunt of its risks. This article delves into the concept of buffer ETFs and
Inflation rates continued to decrease in July, with the consumer price index (CPI) rising by 2.9% from a year ago, as reported by the U.S. Department of Labor. This marks a decrease from the 3% inflation rate in June, representing the lowest reading since March 2021. The CPI encompasses a wide range of goods and
In the ever-changing world of the stock market, investors are always on the lookout for the next big opportunity. With the recent cooling inflation and positive retail sales data, many are turning to the recommendations of Wall Street analysts for guidance. One such recommendation is Monday.com (MNDY), a project management software provider that has caught
Gilead Sciences recently made a shocking revelation about a dangerous drug-counterfeiting operation that involved tampering with and reselling its HIV medications before reaching patients. This scheme, allegedly orchestrated by Peter Khaim, a known medical fraudster with two prior convictions, was said to be one of the most audacious and extensive counterfeit operations in the country.
Starbucks has been facing significant challenges in recent times, with operational issues at the forefront. The crowded counters filled with mobile orders, frustrated customers, and overwhelmed baristas paint a bleak picture of the current state of affairs at the coffee giant. These issues are likely to be the top priority for incoming CEO Brian Niccol
Zeekr, a Chinese electric car brand, made headlines with the announcement of their new batteries that claim to have the fastest charging capabilities in the world. This breakthrough in battery technology is set to address the long-standing concerns of electric car consumers regarding driving range and charging convenience. With Zeekr’s new batteries, drivers can go
In a recent turn of events, a U.S. judge has granted a temporary injunction against major media companies like Disney, Warner Bros. Discovery, and Fox from launching their sports streaming service, Venu. This decision comes as a victory for Fubo TV, an internet TV bundle provider that accused the new streaming service of being anticompetitive
Flutter recently reported stunning second-quarter earnings, showcasing impressive growth in revenue driven by its FanDuel betting platform. The company’s decision not to impose a surcharge to offset an Illinois tax hike made waves in the industry. This move differentiated FanDuel from its competitor DraftKings, which initially announced plans to introduce a surcharge in states with