Bud Light distributors no longer expect sales to recover from the Dylan Mulvaney marketing campaign, per NYP. Meanwhile, in July, it became clear Budlight lost its spot in the US. Now, Modelo, a Mexican beer, records its second consecutive month as the top-selling beer in the US for May and

The average 401(k) balance for a Gen Zer is about $7,100, per Fidelity. Meanwhile, the retirement savings of Gen Z has come into question as a new report shows that the median for all of their retirement savings accounts sits at just $33,000. However, not all Gen

According to Morgan Stanley analysts and WatchCharts, prices of pre-owned Rolex, Patek Philippe, and Audemars Piguet watches are expected to continue their decline due to a surplus in supply. Although there is a slight decrease in total supply on the secondhand market, overall inventory levels remain high, as indicated in

The amount of office space in the US is declining for what is likely the first time in history, per Bloomberg. According to Jones Lang LaSalle, the reduced amount of new construction and the conversion or demolition of aging office spaces will lead to a decline in the availability of

Mastercard, $MA, has told US banks to block marijuana purchases on its US debit cards, per Daily Mail. Despite the legalization of medicinal and recreational marijuana in several states, marijuana remains illegal at the federal level. Consequently, most banks in the country do not serve cannabis companies. A Mastercard spokesperson

Frank Siragusa was dissatisfied with his purchase of a Mexican Pizza from a Taco Bell in New York City last September. He paid $5.49 for it but found that the beef and bean filling inside appeared to be only half of what was shown in the chain's

Per excellent reporting by FT Before suing Coinbase, the US Securities and Exchange Commission (SEC) requested the exchange to suspend trading in all cryptocurrencies except for bitcoin, signaling the agency's intent to assert regulatory authority over a wider portion of the market. Brian Armstrong, the CEO of Coinbase,

Recently obtained internal emails from a conservative watchdog group shed light on a concerning series of incidents involving President Biden's dog, Commander. The nearly 2-year-old German shepherd has reportedly displayed "aggressive behavior," resulting in several bites to Secret Service agents. Over a span of at least

The Bank of Japan (BOJ) has decided to make adjustments to its yield curve control program, which has been a subject of controversy. The program's rigid structure is being eased, allowing long-term yields to rise above its previous 0.5 percent ceiling. As part of this move, the

Apple co-founder Steve Wozniak has expressed his belief that most people should consider removing themselves from the social media giant, Facebook. He offered advice to the rival company, suggesting that while some may find the benefits of Facebook worth the trade-off in privacy, many others, including himself, should find a

The Biden administration announced a significant military aid package for Taiwan, amounting to $345 million. This marks the first major package under the current administration that draws from America's own stockpiles to support Taiwan in countering China. The aid package will include defense resources, education, and training for

During the pandemic from 2019 to 2022, the US labor market experienced a significant shift with 8.6 million occupational transitions, a 50 percent increase compared to the previous three-year period. Many individuals moved away from occupations in food services, in-person sales, and office support, seeking opportunities in different fields.

Elon Musk recently celebrated the success of his rebranded social media site, X, which has achieved its highest user numbers to date. This announcement comes at a time when rival Mark Zuckerberg is facing challenges in maintaining interest in his "Twitter-killer" app. Last fall, Musk acquired the app,

Mortgage rates have surged, with the average rate for a 30-year fixed mortgage reaching 7.12%, the highest since last month. This increase is partly due to the rise in the yield on the 10-year Treasury, driven by a robust employment report from ADP. Federal Reserve Chairman Jerome Powell'

On Wednesday night, Senate Democrats joined forces to oppose the inclusion of a new office responsible for auditing US military assistance to Ukraine. The proposed Office of the Lead Inspector General for Ukraine Assistance was part of an amendment to the fiscal year 2024 National Defense Authorization Act (NDAA) within

Young male virginity is on the rise, per WaPo. It’s probably a pretty good proxy for virginity, but it will underestimate it some. According to the US Census, about half of men are not virgins at age 18. But per Data Psychology: 50.52% of men between 18-20 are

During a weekly Republican leadership news conference on Wednesday afternoon, Senate Minority Leader Mitch McConnell experienced a sudden pause in his speech, freezing momentarily before falling silent and stepping away. McConnell, who was discussing an annual defense policy bill, remained silent for 19 seconds, raising concerns among his Republican colleagues.

The US economy is in for rollercoaster inflation and could be headed for an ultra-rare 'full employment recession,' BlackRock, $BLK, has said. BlackRock issued a warning that the US economy may experience chaos due to the risks of rollercoaster inflation and an unusual "full employment recession."

Netflix, $NFLX, has listed a $900,000 AI job as actors and writers continue to strike. The job listing indicates that Netflix plans to leverage AI for "creating high-quality content" rather than solely focusing on developing new algorithms to recommend shows and movies. The company aims to integrate

Only 23% of homes in the US are affordable to middle-income buyers, per the National Association of Realtors. A year ago, 50% were. 3 years ago, the average 30-year mortgage rate was 2.98%, per Charlie Bilello. The median existing home price in the US was $294,000 . Currently, the

3 years ago, the average 30-year mortgage rate was 2.98%, per Charlie Bilello. The median existing home price in the US was $294,000 . Currently, the 30-year mortgage rate is 6.78% and the median home price is $410,000. Meanwhile, a recent report from the National Association of

The U.S. Virgin Islands wants a judge to declare that JPMorgan, $JPM, participated in Epstein’s sex trafficking and obstructed law enforcement, per NBC. Recently, other allegations were noted. For example: Jeffrey Epstein helped Apollo Global Management co-founder Leon Black avoid over $1 billion in future gift and estate

The Federal Reserve has hiked rates by 25 BPS. The Federal Reserve has approved an interest rate hike, which brings benchmark borrowing costs to their highest level in more than 22 years. 1. The Federal Open Market Committee (FOMC) raised its funds rate by a quarter percentage point to a

Bitcoin could soar to $180,000 before the April 2024 halving, Fundstrat  has said. Standard Chartered has given its predictions regarding Bitcoin, saying that the top crypto could reach $120,000 by the end of 2024. For the end of this year, the expectation is that BTC will reach $50,

Jeffrey Epstein helped Apollo Global Management co-founder Leon Black avoid over $1 billion in future gift and estate taxes – and was paid about $158 million for his advice. The Senate Finance Committee is investigating $158 million paid to accused sex-trafficker Jeffrey Epstein by billionaire and Apollo Global Management co-founder Leon