Pfizer is attempting to get a piece of the emerging weight loss medication market as its Covid gains disappear. Future data on Pfizer’s experimental obesity medication, danuglipron, is expected to be significant in determining the company’s ability to compete with Eli Lilly and Novo Nordisk, the market leaders. Some companies, like Novo Nordisk with Wegovy […]
Olaf Scholz of Germany once set a goal to build 400,000 new homes annually even before he was appointed chancellor. Two years later, German housebuilding appears to be in collapse, placing pressure on the nation’s economy as a whole as well as his elusive goal. According to a report released last week by the Ifo
October’s inflation was unchanged from the previous month, which is encouraging because it suggests that the U.S. economy is starting to loosen its hold on persistently high prices and may signal that the Federal Reserve should stop raising interest rates. In spite of remaining flat for the month, the consumer price index—which gauges a wide
On Wednesday, Target will release its fiscal third-quarter earnings as the company looks to rebound from a run of underwhelming performance and well-publicized setbacks. Aware of the critical holiday season ahead, investors will be alert to any indications that Target’s sales are improving. Based on an analyst survey conducted by LSEG, formerly known as Refinitiv,
Target’s first Manhattan location, in the Harlem district of New York City, has closed its doors for good. Eight additional city stores across the nation have been closed by the retailer. Target’s closures, which it attributed to theft and violence during a period of declining sales, were the most recent in a string of high-profile
Target closes stores but aims to demonstrate growth and prevent further setbacks. Read More »
Shoplifting is beginning to seem like an epidemic to Americans. It’s growing in popularity and feeding concerns about crime and the future of big cities. For example, New York City is experimenting with new approaches to deal with shoplifting, given that reports of theft from retailers reportedly rose by 77% between 2017 and 2022. Former
Are concerns about an increase in shoplifting supported by evidence? Read More »
The US housing market is getting harder to break into, but for those who have, the rewards have frequently been enormous. Real estate retains more of its value during periods of high inflation than other investments, such as stocks, according to investing experts, which has long been cited as one of the best reasons to
At least initially, food creator Jeremy Jacobowitz, who has over 485,000 Instagram followers, refrained from sharing posts regarding the Israel-Hamas conflict. However, over the past month, a deluge of hostile messages from individuals desiring that Jacobowitz address the war have been sent to him. In an interview, he said, “Especially because I’m outspoken, but I
Influencers navigate criticism while addressing Israel-Gaza issues. Read More »
Max Gonano, a firefighter from Virginia Beach, was informed that he would need to work an additional 12 hours to cover for a staffing shortage as he was finishing up a 24-hour shift on Father’s Day. He worked for 36 hours straight and had missed the day with his 2- and 4-year-old children by the
October’s less robust-than-anticipated job growth and a tiny increase in unemployment indicate that the scorching labor market is finally cooling. That is advantageous. By raising interest rates, the Federal Reserve has been attempting to contain the worst inflation in years. A slowing labor market could be a sign that the strategy is effective. Mark Hamrick,
Hiring’s slowing down gradually—could be just the boost the economy requires. Read More »
