Author: Ryker

China has implemented a national tracking system for its rare earth magnet sector, a move that signals a deeper level of control over this critical industry. According to sources familiar with the matter, the system, introduced last week, mandates producers to report detailed data online, including trade volumes and client identities. This new requirement comes…

The U.S. Food and Drug Administration (FDA) has raised the tomato recall involving three states to its highest risk category, Class I. This classification indicates a serious health threat, including the potential for death. The recall was officially upgraded on May 28 due to concerns over salmonella contamination. Williams Farms Recalls Tomatoes Supplied by H&C…

Peloton has introduced a new marketplace called Repowered, designed for reselling used Peloton bikes, treadmills, and gear. The platform allows members to list their equipment for sale, using an AI-powered pricing tool to help suggest fair prices. Sellers retain control over the final listing price, which is informed by factors like the product’s age. Peloton…

McDonald’s has officially confirmed that the beloved Snack Wrap will be returning to its menu nationwide on Thursday, July 10. After years of fan requests and anticipation, the fast-food giant shared the news with USA TODAY. The returning Snack Wrap will feature McDonald’s new McCrispy Strips—tender, all-white meat chicken strips—combined with shredded lettuce and cheese,…

U.S. stock indexes closed higher on Tuesday, with notable gains led by Nvidia and other chipmakers. This surge in technology stocks was underpinned by investor optimism around potential progress in U.S. trade negotiations. The White House announced that President Donald Trump and Chinese President Xi Jinping are expected to speak this week, raising hopes for…

Oil prices rose in early Asian trading on Tuesday, driven by fears of a tightening global supply. Brent crude climbed 55 cents to $65.18 a barrel, while U.S. West Texas Intermediate (WTI) increased 59 cents to $63.11 a barrel. The gains followed a nearly 3% rise in the previous session. The price jump reflected investor…

Campbell’s has reported a notable surge in home-cooked meals, indicating that consumers are increasingly preparing food themselves rather than dining out. This marks the highest level of home meal preparation in nearly five years. CEO Mick Beekhuizen highlighted that this trend spans all income levels and suggests a growing frugality among consumers amid current economic…

U.S. Treasury Secretary Scott Bessent announced that regulators are nearing a significant shift in banking regulations by potentially easing the Supplemental Leverage Ratio (SLR). This move is aimed at increasing liquidity in the $30 trillion U.S. Treasury market, boosting bank lending, and reducing pressure on long-term interest rates. The SLR, implemented after the 2008 financial…

Gilead Sciences’ drug Trodelvy, when used in combination with Merck’s immunotherapy Keytruda, significantly improved outcomes in patients with advanced triple-negative breast cancer (TNBC). Data from a large Phase 3 trial presented at the American Society of Clinical Oncology (ASCO) showed that this combination reduced the risk of disease progression by 35% compared to standard treatments.…

Mondelez International, the multinational food giant known for brands like Oreo and Wheat Thins, has filed a federal lawsuit against Aldi, accusing the grocery chain of copying its product packaging. The lawsuit, filed in Illinois, claims Aldi is attempting to mislead consumers by designing store-brand packaging that closely resembles well-known Mondelez products. Mondelez is seeking…