Business

Walmart, the nation’s largest retailer, is making strategic moves to attract more sellers to its third-party marketplace and strengthen its online presence. With the aim of closing the wide gap with e-commerce giant Amazon, Walmart has initiated its inaugural Walmart Marketplace Seller Summit, a two-day event that brings together over 1,500 sellers from various industries.
The Biden administration has recently released a highly-anticipated list of drugs subject to price negotiations between manufacturers and Medicare. This move aims to tackle the issue of high drug costs for older adults in the United States. The list specifically highlights the drugs with the highest spending under Medicare Part D, which covers prescription medications,
As contract negotiations continue between the United Auto Workers (UAW) and major automakers, General Motors, Ford Motor, and Stellantis, the possibility of strikes has become a prominent concern. UAW members have overwhelmingly granted union leaders authorization to call strikes, although final vote tallies are still being determined. This article explores the implications and potential consequences
The real estate market experienced a setback in July, with sales of previously owned homes dropping by 2.2% compared to June. The National Association of Realtors reported that the annualized rate of sales reached 4.07 million units, reflecting a significant decline of 16.6% compared to the same period last year. These figures indicate that July
During last week’s Monterey Car Week, the classic-car market experienced signs of slowing down. Although the total sales for the auctions reached $397 million, making it the second-highest total ever recorded, it was a 16% drop from the previous year’s record-breaking total of $473 million. This decline, combined with high-profile disappointments on the auction block,