Costco agreed to a $14 million settlement to resolve a class action lawsuit alleging the company sent commercial emails with false or misleading subject lines to Washington state residents. The lawsuit, filed in Washington — where Costco is headquartered — accuses the company of violating Washington’s Commercial Electronic Mail Act and the Washington Consumer Protection…
Jensen Investment Management, an asset management company based in the US, released its second-quarter 2026 investor letter for the “Jensen Quality Growth Equity Strategy”. A copy of the letter is available to download here. The fund seeks long-term growth by investing in high-quality companies with durable competitive advantages. It returned 10.94% net of fees in…
An overly concentrated market may be a bad thing for the S&P 500 (^GSPC) if earnings this week from Microsoft (MSFT), Amazon (AMZN), and Meta (META) reveal major increases in AI capital expenditures that show no signs of slowing anytime soon. Quick insight: Investing in the S&P 500 has become investing in artificial intelligence, as 10…
Gold (GC=F) August futures opened at $4,097.50 per troy ounce on Monday, July 27, 2026, up 0.7% from Friday’s closing price. As of 8:13 a.m. ET, the price of gold was holding steady at $4,098.30. Gold prices this morning are showing positive traction compared to a day, week, month, and year ago, something that hasn’t…
As America’s cost-of-living crisis continues, healthcare is among the many things that have dramatically increased in cost, especially for retirees. Using data from Fidelity Investments, Marketwatch reports that the average 65-year-old American who retires this year will spend $185,000 on medical expenses and healthcare during their retirement, a 7.5% increase from just one year ago….
Congrats if you bet on Spain and won. But the awkward part now is figuring out what you owe. The IRS hasn’t specified what it will call those winnings at tax time — or how big a cut it wants. And it’s not for lack of time. CNBC reported on July 18 that the agency…
This story was originally published on BioPharma Dive. To receive daily news and insights, subscribe to our free daily BioPharma Dive newsletter. Argenx will acquire Forte Biosciences, the developer of an autoimmune disease drug that’s shown early promise, in a deal worth up to $2.2 billion. The Netherlands-based company said Monday it will secure ownership…
DUBLIN, July 27 (Reuters) – OpenAI is to more than triple its headcount at its European headquarters in Dublin to 350, the ChatGPT maker said on Monday as it announced it was leasing 8,000 square meters (88,000 square feet) of office space in the city’s Silicon Docks area. The AI pioneer said it currently employs…
LONDON, July 27 (Reuters) – Elon Musk’s Tesla on Monday won its bid to revive a London lawsuit brought against U.S. technology firm InterDigital and a patent licensing platform, seeking a patent licence ahead of the automaker’s launch of 5G vehicles in Britain. Tesla sued InterDigital and Avanci – which licenses patents from multiple owners,…
Summary The Fed’s favorite inflation indicator, the PCE Price Index, will be released by the BEA on Thursday. The index differs from the better-known Consumer Price Index (CPI) as its composition changes more frequently and is quicker to reflect real-time pricing. In the report through
End of content
End of content