Business

In a financial landscape fraught with challenges, Monarch, a newcomer in the personal finance sector, has boldly raised a staggering $75 million to fuel its ambitious growth trajectory. This represents one of the largest raises for an American consumer fintech startup in this current year, establishing the company at a valuation of $850 million. Its

In a move that some critics are calling a blatant display of favoritism, the U.S. Justice Department has reached a $1.1 billion non-prosecution agreement with Boeing, thereby allowing the aerospace giant to sidestep trial over two catastrophic crashes of its 737 Max planes, which tragically killed 346 people. This decision raises serious questions not only

As we approach the 2025 hurricane season, government scientists have painted a stark picture for coastal communities. The National Oceanic and Atmospheric Administration (NOAA) has ominously indicated a 60% probability of an above-average hurricane season, forecasting between 13 to 19 named storms. This warning resonates deeply with those vulnerable to nature’s fury, as it highlights

In an audacious move, Toyota has redefined the RAV4—a flagship model that has dominated the American SUV market—for the 2026 model year by transitioning it to an all-hybrid lineup. While many would hail this as progress, it raises significant concerns about the future trajectory of the automotive industry. Instead of continuing to innovate across a

Much has been written about the tumultuous and rapid evolution of Covid-19 vaccine guidance, and now the Food and Drug Administration (FDA) has enacted a significant shift in its approach to booster approvals. With a newly articulated framework, the FDA now demands rigorous clinical trials as an essential roadmap for assessing vaccine efficacy and safety,

In a move that has sent shockwaves through both the sports and financial landscapes, the United States Tennis Association (USTA) has pledged an unprecedented $800 million investment to revamp the U.S. Open’s iconic facilities. This sweeping renovation will not only upgrade Arthur Ashe Stadium—our national tennis crown jewel—but will also introduce a state-of-the-art player performance

Cava’s recent financial report is nothing short of remarkable, particularly when considered against the troubling backdrop facing much of the restaurant industry. While many eateries have buckled under the pressures of a tightening economy, Cava emerges as a beacon of resilience, showcasing a 10.8% growth in same-store sales. This achievement sets the chain apart, not

Alexis Ohanian, co-founder of Reddit, has recently made waves in the sports world by acquiring a minority stake in Chelsea FC Women. With a hefty investment of £20 million for a 10% share, Ohanian is now part of an elite group of owners attached to some of the most valuable teams in women’s sports. This

American Eagle Outfitters has recently taken a bold step by announcing a $75 million write-off related to unsold spring and summer merchandise. This substantial loss illustrates the growing peril facing retailers who misjudge market conditions and consumer preferences. In a climate marked by economic uncertainty, American Eagle’s latest figures reveal an expected 5% revenue decline

The recent reprieve from the U.S. government’s tariff policies has sent shockwaves through Wall Street, resulting in a euphoric surge of shares in major toy manufacturers. On a day characterized by remarkable stock gains, Mattel soared over 10%, while Hasbro and Jakks also made commendable progress with increases of 6.5% and 15%, respectively. What more,