Quartz
It looks like meme stocks are back in the game. Shares in video game retailer GameStop got a huge boost Monday due to a cryptic social media post. “Roaring Kitty,” the online name ofAmerican investor Keith Patrick Gill, who is known for igniting GameStop’s massive meme stock short squeeze in 2021, posted on X after a…Read more...
Inflation’s persistence has been a problem for both the people of the United States and the Federal Reserve. This week, two economic reports will reveal whether inflation is holding strong, receding somewhat, or even increasing in 2024. Read more...
Kenvue, the maker of popular consumer health brands like Tylenol and Listerine, announced Monday that Johnson & Johnson is selling its remaining stake in the company. The reversal comes about a year after the healthcare giant spun off its consumer health business into Kenvue.Read more...
OpenAI on Monday debuted a new chatbot with some impressive — or freaky, depending on your perspective — capabilities. With its ability to see, hear, and talk like a real person, OpenAI executives demonstrated how the latest ChatGPT can translate live conversations and tell bedtime stories in different voices. Read more...
Kraft Heinz is thinking about selling its iconic hot dog brand Oscar Mayer. The Wall Street Journal, citing anonymous sources familiar with the matter, reports that the packaged foods giant is exploring a sale of the meat maker that could be valued between $3 billion and $5 billion. Kraft Heinz is in talks with Bank…Read more...
Health officials in Minnesota and Wisconsin issued air quality warnings on Sunday after the smoke from wildfires raging in western Canada started to reach the Upper Midwest. And it’s causing plenty of anxiety in people across a large swath of the U.S. who are dreading the idea of spending yet another summer choking…Read more...
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