Food delivery company Grubhub said it would lay off 15% of its corporate workforce, or 400 employees, citing a need to maintain competitiveness.
Updated Covid vaccines need to target XBB omicron variants this fall, FDA staff says
Vaccine manufacturers Pfizer, Moderna and Novavax will be expected to update their shots according to the strain the FDA selects for the fall.
Keep an eye on ‘the sleeping electric vehicle giant of China,’ Evercore ISI says
BYD is the “Tesla of China,” according to Evercore ISI, which says the China-based electric vehicle maker is a must-know for investors bullish on the sector.
Inflation outlook hits two-year low in latest New York Fed survey
The Survey of Consumer Expectations for May showed one-year inflation expectations down 0.3 percentage point to a 4.1% rate.
Goldman Sachs CEO David Solomon warns of pain ahead for commercial real estate
The commercial real estate industry is in the throes of a painful adjustment to higher borrowing costs and lower occupancy rates.
Senator opens investigation into PGA Tour merger with Saudi-backed LIV Golf
The sudden merger between PGA Tour and Saudi-owned Liv Golf has invited scrutiny from federal lawmakers.
Tuesday, June 13, 2023: Jim Cramer discusses his next moves for the Investing Club
‘We are not greedy,’ Cramer says, urging market discipline
The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.
Confronting aging: How LGBTQ+ seniors can tackle their special caregiving challenges
Older LGBTQ+ Americans are twice as likely to be single and four times less likely to have children, presenting some special challenges to ensuring elder care.
Joint bank accounts can help you manage money with someone you trust
Joint accounts work similarly to individual accounts and offer co-owners equal access to adding and withdrawing funds, which can be both convenient and risky.
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