Aside from loads of extra free time and the freedom to pursue new hobbies, one of the most exciting moments of retirement can be when it’s finally time to sell the family home and downsize. Not only does it mean…
On a Monday morning in late March, a member of Nestlé’s marketing team walked into the company’s office in Vevey, Switzerland with unusual and costly news. More than 400,000 KitKat bars, some 12 tons of chocolate, had vanished while being transported from a Nestlé factory in central Italy to…
For decades, U.S. markets have sold themselves to the world on a simple promise: Though investors may not be equal in size, they get the same core facts. But two new developments are testing how much that transparency promise still…
The last time the U.S. raised the federal minimum wage, Apple’s Siri hadn’t even been invented yet. July marked the 17th full year in which the federal minimum wage has remained at $7.25, the think tank Center for Economic and…
The FDA occupies a unique position at the intersection of science, medicine, public health, and innovation. Patients depend on the agency to evaluate therapies rigorously and fairly; innovators depend on predictable regulatory pathways; and investors depend on confidence that scientific…
Amazon, which was founded by Jeff Bezos, said that it would partner with South African internet provider Herotel to launch a new service in the country of 62 million people. Amazon said that it was its first satellite internet agreement on…
The United States announced another death of a service member as it launched more airstrikes at Iran on Sunday in response to the killing of U.S. troops, and Iran fired missiles toward Jordan that risked widening the conflict into neighboring Israel. Step by…
Stock futures were mixed Sunday evening and oil prices continued to climb as the deaths of American service members over the weekend added more fuel to the U.S.-Iran war. Futures tied to the Dow Jones industrial average fell 61 points,…
The winner of the World Cup will hoist a trophy, receive championship rings for the first time and gain a lifetime of glory in what will be a defining moment in the country’s sports history. It’ll also lead to a significant payday.…
Prediction-market trading has surged during a blowout World Cup, far outpacing the growth at traditional sportsbooks and driving home the competitive threat that companies like Kalshi now pose to the sports-gambling industry. Kalshi, the biggest player, has repeatedly broken its…