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Berkshire Hathaway Vice Chairman Passes Away at 99

Charlie Munger, Berkshire Hathaway's Vice Chairman and close associate to Warren Buffett, has died at the age of 99.

Average Thanksgiving Dinner Up 25% From 2019

A report from the American Farm Bureau Federation found that the average Thanksgiving meal for 10 people costs 25% more compared to 2019.

Candy Inflation Hits Double Digits This Halloween

For the second year in a row, U.S. shoppers are seeing double-digit inflation on candy.

Japanese Prime Minister Vows to Cut Taxes on Households and Businesses To Help Country’s Economy

By signaling with subsidies and payouts, Prime Minister Fumio Kishida is stressing his government’s resolve to pull the economy permanently out of stagnation.

U.S. Inflation Rises in September Under Biden Admin

The "index for shelter was the largest contributor to the monthly all items increase, accounting for over half of the increase."

Oil Prices Surge Following Intense Israeli-Hamas Conflict

Brent crude soared to $87.92 a barrel, marking an increase of almost 4%, whereas U.S. West Texas Intermediate crude experienced a rise of 4.16%, reaching $86.23 a barrel.

U.S. Accuses Amazon of Illegally Sustaining Monopoly

Amazon, the e-commerce titan valued at $1.3 trillion, is facing a landmark lawsuit from the Federal Trade Commission (FTC) and 17 U.S. states, charging it with “illegal conduct” aimed at maintaining a monopoly in the online retail space.

United Auto Workers Union Against ‘Big Three’ Automakers in Historic Strike

“Everything is on the table,” said United Auto Workers union president Shawn Fain.

U.S. Annual Inflation Rate Jumps to 3.7% in August Under Biden Admin

The Bureau pinpointed gasoline as a leading contributor, which "accounted for over half of the increase" in August.

Pfizer, J&J, Other Companies Accused of ‘Pharmaceutical Bullying’ in South Africa After Court Orders Release of Contracts

Recently disclosed vaccine contracts between South Africa and various pharmaceutical companies have raised concerns over "pharmaceutical bullying."

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