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White House says Biden will receive his physical exam later this year

White House says Biden will receive his physical exam later this year

President Joe Biden will receive a regular physical exam later this year, the White House said Tuesday, setting a timeline for when the oldest first-term president in US history might provide more information about his health. The last extensive update on Biden’s medical state came in December 2019, when the doctor he eventually recruited to…MORE

Surging prices are spooking the stock market

Surging prices are spooking the stock market

US stocks tumbled out of the gate Tuesday as investors grow increasingly concerned about raw material price spikes, shortages and inflation. Prices are rising all over the place as commodities, shipping costs and more related categories become more expensive. Even though the shortages and global supply issues have been lurking in plain sight for months,…MORE

Gasoline demand spikes in several states after pipeline hack

Gasoline demand spikes in several states after pipeline hack

American drivers on the East Coast are filling up aggressively following a ransomware attack that shut down the Colonial Pipeline, a critical artery for gasoline. US gasoline demand jumped 20% on Monday compared with the prior week, according to GasBuddy, an app that tracks fuel prices and demand. In just five states served by Colonial…MORE

Victoria’s Secret is becoming a publicly traded company

Victoria’s Secret is becoming a publicly traded company

L Brands has officially given up on seeking a buyer for Victoria’s Secret and is spinning off the struggling underwear brand to become its own publicly traded company instead. As a result, L Brands will now consist of two publicly traded companies — Bath & Body Works and Victoria’s Secret — with the transaction expected…MORE

Some big risks to investors have been hiding in plain sight

Some big risks to investors have been hiding in plain sight

What do stretched supply chains, rising prices and the ransomware attack on the Colonial Pipeline have in common? They all stem from risks that investors should have had on their radar. For months, it’s been clear that snarled supply chains could hold back the post-pandemic recovery and trigger worrisome inflation. Now, that fear is once…MORE

Target is launching a line of plant-based food

Target is launching a line of plant-based food

Target is launching its own line of plant-based foods as demand continues to grow for meat and dairy alternatives. The new assortment includes more than 30 foods including vegan spreads, almondmilk creamer, oat milk, plant-based dips and meat and chicken alternatives. Target describes the new collection as “on-trend, flavorful, high-quality options at incredible value,” with…MORE