The boom in GLP-1 weight-loss drugs and other specialized medicines has created lucrative logistics opportunities in an industry that pays a premium for reliability, visibility, and regulatory know-how. The expertise needed to properly transport these temperature-sensitive therapies is just part of the reason why FedEx created a dedicated unit to handle what has become a…
Building an advisory firm from scratch is extremely difficult in the best of circumstances. While CFP educational programs teach the knowledge of financial planning, they don’t teach the practice of it – and there’s remarkably little established training or curriculum. From figuring out how to find or attract prospects in the first place, to establishing…
Good morning, Hubsters. Senior reporter Michael Schoeck here with the US edition of the Wire from New York, filling in for editor-in-chief MK Flynn today, who’s attending a media event in town. We’ll kick off the week with a medical equipment deal exclusive from healthcare reporter John R Fischer. John caught wind of an Arlington…
If you’re here looking for lower mortgage interest rates, today is definitely not your day. The average interest rate on a 30-year, fixed-rate mortgage jumped to 6.75% APR, according to rates provided to NerdWallet by Zillow. This is 13 basis points higher than Friday and 18 basis points higher than a week ago. (See our…
“Maybe some apartments are not being listed for rent or are being snapped up by people who are using brokers.”
Amazon (AMZN +0.46%) CEO Andy Jassy created a stir earlier this year when he announced that Amazon would spend $200 billion building out for artificial intelligence (AI). As the AI landscape continues to change quickly, the market has been concerned about the cloud giants’ ability to ever recoup their spend, and Amazon stock plunged after…
Generations of students in India have resigned themselves to the idea that the education system is primarily a sorting mechanism, which rewards compliance. But as recent protests showed, the system’s rigidity, together with insufficient rewards in the form of good jobs, has rendered this approach untenable. CAMBRIDGE—A reckoning has just played out on the streets…
Last month, the Federal Reserve wrapped its first meeting with Jerome Powell’s replacement, Kevin Warsh, at its head. The target rate remained unchanged at 3.5% to 3.75%, and the minutes, released a few weeks after the meeting, mostly read the way Federal Reserve minutes always do — very dry. But within them was an 11-word…
Home security brand Lorex has refreshed its smart home security lineup, bringing all four of its wireless offerings under one roof. Dubbed the Lorex Connect ecosystem, the lineup includes four models: Lorex Connect 2K Indoor Wi-Fi Camera, Lorex Connect 2K Wi-Fi Battery-Powered Camera, Lorex Connect 2K Floodlight Wi-Fi Camera, and Lorex Connect 2K Dual-Lens Indoor…
Market optimism may be masking deep retirement risks.