Gap shares rise after it resumes trading, Q2 results show growing sales and margin

Gap (GAP) is showing signs of a comeback. In Q2, revenue grew 5% to $3.72 billion, compared to estimates of $3.63 billion, while adjusted earnings per share came in at…

Oil Holds Gain on Positive US Economic Data, Libya Disruptions

(Bloomberg) — Oil steadied after jumping on Thursday on positive US economic data and worsening supply disruptions in Libya. Most Read from Bloomberg Brent for October traded around $80 a…

TikTok Loves These 6 Herbal Supplements, But They May Damage Your Liver

New research has found that six herbal supplements that are popular on TikTok may cause liver damage. Researchers at the University of Michigan concluded that supplements, including Ashwagandha, Green Tea…

(Employee) Therapy Anyone?

The recent WSJ article about employer-provided in-office therapy sessions raises some good points about destigmatizing mental health in the workplace and promoting overall wellness generally. But the article also reminds us about…

Houthis Say Tugs Can Tow Away Stricken Red Sea Oil Tanker

(Bloomberg) — Yemen’s Houthi militants said they’ll let tugboats tow away an oil tanker that they attacked last week in the Red Sea, a step that might help avert an…

Libya’s Political Feud Threatens Return of Oil Supply Chaos

(Bloomberg) — Libya’s political crisis is threatening to return the OPEC member’s oil production to the chaos that plagued it for years after the toppling of dictator Moammar Al Qaddafi.…

Sleeping In on Weekends May Lower Your Heart Disease Risk By 20%

A new analysis suggests that sleeping in on weekends could help lower heart disease risk in sleep-deprived individuals. The effects became more pronounced in people who regularly experience insufficient sleep,…

Treasury Yields Rise After Resilient Data Suggests Measured Fed

(Bloomberg) — US Treasury yields climbed after resilient economic reports prompted traders to slightly trim their expectations for the scope of Federal Reserve easing this year. Most Read from Bloomberg…

Dollar Eyes 2024’s Biggest Monthly Loss as Fed Signals Cut

(Bloomberg) — The proximity of the Federal Reserve’s shift to interest-rate cuts is battering the US dollar this month, sending the world’s reserve currency slumping and igniting rallies in major…

Best CD Rates for August 2024: Up to 5.40%

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