Category: News

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…

Dollar General’s shares surged over 10% after the company reported better-than-expected earnings and raised its financial outlook. For the fiscal first quarter, the company posted earnings per share of $1.78, beating the $1.48 expected by analysts, and revenue of $10.44 billion, surpassing the $10.31 billion forecast. As a result, the retailer now anticipates net sales…

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…

U.S. President Donald Trump announced a doubling of tariffs on steel and aluminium imports to 50%, effective June 4, escalating trade tensions. This announcement followed accusations that China breached a prior agreement to roll back critical mineral-related tariffs. The move led to immediate spikes in domestic U.S. steel and aluminium prices, while shares of foreign…

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…

Private equity giant Roark Capital has acquired a majority stake in the fast-growing restaurant chain Dave’s Hot Chicken. Although the financial terms were not formally disclosed, CEO Bill Phelps indicated that the valuation, reportedly around $1 billion, is “pretty close.” Founded in 2017 in a Los Angeles parking lot, Dave’s has experienced rapid growth, expanding…