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Recently, Peloton made the decision to eliminate its unlimited free-membership tier on its fitness app due to its failure to convert users into paying subscribers. This move came less than a year after the tier was introduced, indicating that the company’s growth strategy was not yielding the expected results. As of now, new users are
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UnitedHealth Group, one of the largest health care companies in the United States, recently faced a significant cyberattack on its Change Healthcare subsidiary. This breach led to a disruption in billing and payment services, impacting health care providers across the country. The aftermath of this cyberattack has raised questions about the vulnerability of the health
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The market is currently attempting to recover from the selloff that occurred on Friday. A key factor influencing this rebound is the pullback in oil prices due to hopes that the conflict in the Middle East will not escalate further following Iran’s attacks on Israel. Despite a slight increase in consumer inflation last month, retail
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The Tax Cuts and Jobs Act of 2017 has been hailed as a savior for middle-class Americans, promising relief through various cuts and deductions. However, a closer look reveals that the reality may not be as promising as initially thought. While the provision that reduced corporate tax rates to 21% is permanent, many other tax
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The year 2023 witnessed a remarkable resurgence in international travel which significantly impacted airport rankings on a global scale. According to Airports Council International’s latest report, airports across the world experienced a surge in passenger traffic, showcasing the recovery of the aviation industry post-pandemic. One of the standout performers was Dubai International Airport, which climbed
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British stock trading app Freetrade has recently achieved a significant milestone by reaching breakeven earlier this year, a major achievement after facing losses in the previous year. The company reported improved financial figures in the first quarter of 2024, showcasing a positive trend towards profitability. Freetrade disclosed that it achieved adjusted earnings before interest, tax,