DraftKings, a leading mobile betting platform, recently made headlines by announcing a gaming surcharge on winning bets in states with high sports betting tax rates. This move is aimed at boosting the company’s profitability and comes at a time when the industry is facing increasing scrutiny and regulation. The decision to implement a tax on
The personal financial records of Vice President Kamala Harris have recently come under scrutiny, as she is now a candidate for the highest office in the United States. Financial experts have closely examined her recent tax filings, revealing a relatively simplistic approach to managing her finances throughout her tenure as vice president. While her tax
Eli Lilly’s highly popular weight loss injection Zepbound and diabetes drug Mounjaro are now fully available in the U.S., as per the recent update on the U.S. Food and Drug Administration’s drug shortage database. The previous update indicated that certain doses of these treatments were facing shortages. The scarcity of Mounjaro dates back to as
The upcoming Federal Reserve meeting is stirring up a lot of anticipation for potential changes in interest rates. It is expected that policymakers will keep short-term interest rates steady, but the groundwork for interest rate cuts in September is likely to be laid out. The big question on everyone’s minds is how aggressive the Fed
In a recent turn of events, Delta Air Line CEO Ed Bastian found himself in a tough situation, having to deal with the aftermath of a botched CrowdStrike software update that wreaked havoc for the airline. Thousands of customers and crew members were left stranded due to the disruptions caused by the faulty update. Delta
Tadge Juechter’s career at General Motors began with a pivotal research project in 1985 to determine the market potential for a high-performance model of the iconic Corvette. Fast forward nearly four decades, and Juechter has left an indelible mark on the Corvette legacy, culminating in the unveiling of the 2025 Chevrolet Corvette ZR1, the most
In a world where social media dominates our lives, the constant bombardment of influencer marketing has led many people to feel overwhelmed and exhausted. The pressure to buy products ranging from protein shakes to luxury vacation villas has pushed individuals to reevaluate their consumption habits. The rise of “underconsumptioncore” represents a backlash against the influencer
In the current earnings season, technology giants are showcasing their performance, influencing the market trends. Alphabet (GOOGL) reported impressive results in the second quarter, particularly in its Search and Cloud businesses. However, there was a slowdown in growth for YouTube advertising revenue, falling short of analysts’ expectations. Despite this, BMO Capital analyst Brian Pitz reiterated
The landscape of wedding celebrations has evolved over the years. The Covid-19 pandemic has significantly impacted the way couples plan their big day. With the average cost of weddings steadily rising, it is crucial for couples to adopt strategic approaches to cutting costs without compromising the significance of the occasion. One of the most effective
Berkshire Hathaway, led by Warren Buffett, is facing a dilemma as its cash pile swelled to a record $276.9 billion last quarter. This significant increase from the previous record of $189 billion set in the first quarter of 2024 has raised concerns about the management of the conglomerate’s vast reserves. The Oracle of Omaha made