A new report by Wells Fargo spotlights how GLP-1 weight loss drugs are reshaping the healthcare industry by addressing obesity. Wells Fargo released a report Thursday which notes that much of the American healthcare system has been structured around obesity, given it has become a foundational condition in the country…

The founder of the world’s most-indebted property developer was sentenced to life in prison in China for fraud and bribery – five years after his China Evergrande Group collapsed, roiling the Chinese economy and financial markets. Hui Ka Yan, 67, was convicted in a court in the southern city of Shenzhen on…

Walmart has received nearly $3 billion in tariff refunds and says it will use some of the benefit to help keep prices low for shoppers, while the windfall also gave quarterly profit growth a significant boost. The company said it “prioritized investment in price” after receiving refunds tied to tariffs…

Some universities are now allowing students and their families to pay tuition through PayPal and Venmo. Among the first institutions offering the payment options are Bellarmine University, Butler University, Kansas State University, Michigan State University and Texas Tech University, although more universities are expected to join later this year.Students and…

Car insurance costs trended higher in the first half of this year after declining in 2025, and a new report projects increases in over 30 states this year. An analysis by Insurify found car insurance premiums fell 6% last year, with drivers in 39 states seeing a decline in average…

A fresh dog food company is recalling nearly all of its fresh meals after receiving 192 reports of potential eye problems in dogs, including a condition that can lead to vision loss if severe and untreated. Years, a U.K.-based subscription service which says it has served roughly 40,000 customers this…

State Farm Mutual Automobile Insurance recently began distributing a record $5 billion dividend to qualifying auto insurance customers, marking the largest payout of its kind in the company’s more than 100-year history. Millions of customers have already received payments, with additional distributions on the way, State Farm said in a…

Please, folks, let’s not start panicking about long-term Treasury bond yields. In the last couple of weeks I’ve seen more ink spilled about the 30-year Treasury than I have in probably the last 10 years.  The bellwether Treasury is the 10-year, which has been trading steadily in a range of…

Casino and resort operator Bally’s issued a warning that it may struggle to keep up with its debt burden over the next year, and there is “substantial doubt” about its ability to remain a going concern. The company made the disclosure in its second quarter earnings report filed with the…

Consumers are being urged to check their freezers after several varieties of Outshine fruit bars sold nationwide were recalled due to possible glass contamination. Dreyer’s Grand Ice Cream is voluntarily recalling select batches of Outshine fruit bars sold in six-count packages and 24-count Variety Packs, according to an Aug. 18…