Over 15 years have passed since the federal minimum wage was last increased, leaving it at a mere $7.25 per hour. While some states have chosen to set their own higher minimum wage rates, there are still 20 states where the wage remains at the federal level. This stagnation has sparked a debate on the
In light of the recent market volatility, investors are seeking ways to protect their portfolios from downside risks. One of the strategies gaining popularity is the use of buffer exchange-traded funds (ETFs). These ETFs, such as the ones offered by Innovator ETFs, provide investors with a certain level of protection against market downturns while still
The recent reports on the July consumer price index and July retail sales have sparked discussions among investors about the state of the economy and the potential for an interest rate cut by the Federal Reserve. In light of these developments, top Wall Street analysts have recommended three stocks with promising long-term growth potential. This
Starbucks has been facing operational challenges which have resulted in frustrated customers, overwhelmed baristas, and declining sales. Mobile orders, which make up about one-third of Starbucks’ total sales, have been a major contributing factor to the issues faced by the coffee giant. These orders tend to be more complex, with add-ons like cold foam and
Inflation rates in July 2023 continued to decline, with the consumer price index (CPI) rising by 2.9% from a year ago, as reported by the U.S. Department of Labor. This reflects a decrease from the 3% inflation rate in June and marks the lowest reading since March 2021. The CPI serves as a crucial indicator
The discovery of a dangerous drug-counterfeiting operation involving Gilead Sciences’ HIV medications has shed light on the risks patients face when taking counterfeit drugs. The mastermind behind the scheme, Peter Khaim, a twice-convicted medical fraudster, allegedly orchestrated the operation out of two New York City pharmacies, 71st RX and Best Scripts. This fraudulent activity put
SpaceX is on the brink of launching its next private mission, which promises to mark a significant milestone in the realm of space exploration. The upcoming Polaris Dawn mission, scheduled for the end of the month, will feature the first-ever attempt to conduct a spacewalk as part of a private venture. This groundbreaking mission is
Flutter, the parent company of FanDuel, made waves in the gambling industry with their recent second-quarter earnings report. The highlight of the report was FanDuel’s decision not to add a surcharge to offset an Illinois tax hike. This move set them apart from rival DraftKings, who had initially announced a surcharge for consumers in states
Byron Allen, the media mogul with aspirations of acquiring major media assets, is facing backlash due to his broadcast stations consistently being late in making payments to network owners. The stations owned by Allen Media Group have been reported to be as much as 90 days past due on payments to networks such as ABC,
Zeekr, a Chinese electric car brand, has recently announced the introduction of new batteries that claim to have the fastest charge in the world. The main goal of this offering is to address long-standing consumer concerns regarding battery driving range and the convenience of charging. According to the company, these new batteries can go from