U.S. House lawmakers have unveiled a discussion draft of legislation aimed at establishing a comprehensive regulatory framework for digital assets. The bill, released by the House Financial Services […]
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Skechers Set to Be Acquired by 3G Capital for $9.4 Billion
Footwear manufacturer Skechers USA Inc. will be acquired by investment firm 3G Capital for $9.4 billion. The transaction is expected to close in the third quarter of 2025 […]
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Tomatoes Recalled Due to Potential Salmonella Contamination
An Indiana-based company, Ray & Mascari Inc., has voluntarily recalled tomatoes on the vine due to potential salmonella contamination. The recall was initiated after the supplier, Hanshaw & […]
Banks
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Federal Reserve Expected to Maintain Interest Rates Amid Trump’s Pressure
The Federal Reserve is expected to maintain its key short-term interest rate this week, despite pressure from President Donald Trump to reduce borrowing costs. Trump has criticized the […]
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Shorewood Resident Wins $2 Million Lottery Jackpot
A Shorewood resident has won a $2 million jackpot from a scratch-off ticket purchased at Lenny’s Gas N Wash, located at 1201 W. Jefferson Street in Shorewood. This […]
Technology
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Former Palantir Employees Criticize Company’s Role in Trump Administration Surveillance
Thirteen former employees of Palantir, a prominent data-mining firm, have criticized the company’s collaboration with the Trump administration. This comes after Immigration and Customs Enforcement (ICE) agreed to […]
Economy
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European Consumers Consider Boycotting American Brands Amid Tariff Backlash
A growing backlash against Trump-era tariffs is prompting European consumers to boycott American brands. An ECB survey found that European households are increasingly willing to forego US products […]
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Rite Aid Files for Second Bankruptcy, Announces Job Cuts
Rite Aid Corporation has filed for bankruptcy less than a year after completing a restructuring intended to stabilize the pharmacy chain. According to a letter from Chief Executive […]
Technology
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Waymo Plans to Expand Its Robotaxi Fleet by 2,000 Vehicles by 2026
Waymo announced that it has received its final delivery of Jaguar I-Pace SUVs, which will be equipped with sensors and autonomous driving technology at its Arizona facility. These […]
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April Tariffs Trigger Surge in Car Sales
The anticipation of looming tariffs in April led to a significant surge in car sales, akin to a ‘bank run’ at car dealerships. Consumers rushed to purchase vehicles […]