When Rite Aid, a major pharmacy retailer, filed for Chapter 11 bankruptcy a second time in 2025, it led to the shuttering of its 1,250 locations. Over time, many were sold to competitors like CVS…
At 5:21 p.m. ET on June 12, Anthropic received a letter from the US government that the company says forced it to do something no major AI lab has done before. Within hours, Claude’s landing…
Arguably, you can blame Ryan Reynolds and maybe Sammy Hagar. Those two celebrities showed that unrelated fame could help launch a beverage brand. In Hagar’s case, at least his music and image ties him logically…
Unless you are chronically online, you’ve probably never heard of the “Dead Internet Theory,” but the presence of non-human actors, or bots, in the social media space is undeniable. Dead Internet Theory proponents argue that…
BofA Global Research spent this week quietly publishing something that matters a lot for sports betting investors. The firm’s June 11 gaming note argues that the FIFA World Cup, held on U.S. soil for the…
Take a close look at the price tags on the shelves the next time you walk into a Kroger, because something has changed. Kroger confirmed that nearly one in four of its stores nationwide now…
When a business unit already oversees more than $7 trillion in client assets, most CEOs would focus on defending that position. Not Ted Pick. The Morgan Stanley CEO has raised the bar for the firm’s…
Kalshi recently confirmed that it will require users to disclose their employers before trading in contracts flagged as high-risk. The new requirement is part of a broader set of market integrity updates the company announced…
Wall Street was betting big on Fed relief, but Bank of America sees a quiet risk brewing. The bank sees an unsettling 1994-style market setup, where inflationary pressures, higher yields, and tighter Fed policy could…
The U.S. job market is giving workers plenty of reasons to feel both optimistic and uneasy. Employers added 172,000 jobs in May, easily beating economists’ forecasts of between 80,000 and 88,000 new positions, the Bureau…