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2 mins read

Huge sales of the nicotine patch Zyn have sent Philip Morris's stock to an all-time high

Nicotine pouch maker Zyn is on a roll, and it's showing up on the company's bottom line — and recor…

Shubhangi Goel   


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3 mins read

How rich Americans can save on taxes by giving stock and real estate to their parents

The rich can avoid capital gains taxes by giving appreciated assets to their parents and inheriting…

Hayley Cuccinello   


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1 min read

The hot trend for billionaire donors: paying for medical school tuition

Michael Bloomberg, whose nonprofit has contributed more than $1.6 billion to the cause, has warned …

Geoff Weiss   


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5 mins read

China's $114 billion stimulus package immediately boosted its stock market. But can it last?

China's $114 billion stimulus has some investors excited, but it's lacking support for the country'…

Dan DeFrancesco   


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"Government has failed women of Bengal," says Bengal Governor CV Ananda Bose

West Bengal Governor CV Ananda Bose on Monday extended his greeting on the occasion of Rakha Bandha…

ANI   


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Investors are headed into the worst time of year for stocks. Here's why September is brutal for the market.

The S&P 500 has a history of underperforming each September. On average, it's been the worst month …

Filip De Mott   


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A surfer without a degree is worth $16 billion after his biotech company's stock soared 1,100% in a year

Bob Duggan, 80, has gone from baking cookies to building robots, investing in biotech companies, an…

Theron Mohamed   


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Mike Bloomberg donates $1 billion to cover Johns Hopkins medical school tuition for students

Johns Hopkins medical students with family incomes under $300,000 will get free tuition starting in…

Ayelet Sheffey   


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Stock market today: Dow soars 654 points as traders celebrate inflation data

Stocks snapped a three-day streak of losses after June's inflation data came in line with expectati…

Filip De Mott   


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1 min read

'Unbelievable demand' for weight-loss drugs sends Eli Lilly stock soaring 14% after earnings

"We just see unbelievable demand, and we're not even trying that hard to promote this drug. We're n…

Matthew Fox   


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1 min read

Pot stocks soar on report DEA will ease restrictions on cannabis

The move from the DEA would reclassify cannabis as a Schedule III drug alongside other drugs like k…

Matthew Fox   


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2 mins read

Zyn, America's favorite nicotine pouch, is running out of stock in some states

Some smoke shops in New York told Bloomberg they're out of the $5 pouches. The company's CFO acknow…

Shubhangi Goel   


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5 mins read

Dan DeFrancesco   


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Biological E, Bharat Biotech together sitting on stockpile of 250 million COVID vaccine doses

stockpile of 50 million doses of Covaxin. Dr Vikram Paradkar, Executive Vice President (M…

PTI   


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4 mins read

Oprah has left WeightWatchers, sending stocks spiraling and spelling doom for the diet of our foremothers

Oprah Winfrey gave away her shares in WW International, known as Weight Watchers, and the stock pri…

Mia de Graaf,Gabby Landsverk,…   


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The stock market is getting Ozempic'ed

The collective shedding of hundreds of millions of pounds via GLP-1 drugs is poised reshuffle trill…

Matthew Fox   


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5 mins read

Magnificent 7 stocks aren't setting the market up for another tech bubble

In today's big story, we're looking at why the Magnificent 7's domination of the stock market might…

Dan DeFrancesco   


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1 min read

One Medical soars 68% as Amazon announces it will buy the healthcare provider for nearly $4 billion

The move furthers the retail giant's healthcare ambitions. At the end of March, One Medical operate…

Jennifer Sor   


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2 mins read

A widow unexpectedly received $1 billion of Berkshire Hathaway stock. Now, she's covering Bronx med students' tuition forever.

Ruth Gottesman told The New York Times she was surprised when she found out her husband left her $1…

Grace Eliza Goodwin   


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Aethlon Medical stock explodes 465% on heavy volume as new report about COVID-19 treatment inspires social-media discussion

Trading volume skyrocketed in Aethlon Medical stock amid a spike in social-media chatter.

Emily Graffeo