Stacy Hoffman

Fast-fashion giant Shein is shifting its focus towards a potential London listing after facing regulatory obstacles and criticism from US legislators during its attempt to float in New York. According to two individuals familiar with the matter, the online fashion retailer intends to update China’s securities regulator regarding the change in initial public offering…

A major cyberattack on Ascension, one of the largest healthcare systems in the US with over 140 hospitals and 25,000 beds spread across 19 states and Washington D.C., has caused significant disruptions to operations. Patients have reported missing scheduled medical procedures, including CT scans and mammograms, while some hospitals have been forced to divert…

In response to growing concerns about hidden fees and inflated costs, California has announced a new mandate set to come into effect on July 1st. Thousands of restaurants and businesses will no longer be allowed to add on service charges, resort fees, surcharges, or “junk fees” without clearly indicating these costs in their menu…

The article highlights several economic issues facing President Biden, starting with his decision to embargo arms to Israel, which has led to widespread criticism outside the Democratic Party’s progressive wing. The article then touches upon Biden’s false claim that the US had a 9% inflation rate when he took office, when in reality, it…

According to recent reports, the Biden administration is planning to increase tariffs on various goods imported from China, including electric vehicles, semiconductors, solar equipment, and medical supplies. The tariffs, which are expected to be announced next week, come as officials in the Democratic administration express concerns over China’s manufacturing “overcapacity” in these products, which…

The current state of the art auction market is experiencing a decrease in sales, with major auction houses such as Christie’s, Sotheby’s, and Phillips expecting a decrease in sales during the upcoming May auctions. This follows a decline in sales from the post-COVID peak, which was driven by cheap money, a thriving stock market,…

According to recent reports, motorists have experienced a decrease in fuel prices leading up to the start of the summer driving season. The national average for a gallon of gas has dropped to $3.64, down three cents from the previous week. This decrease can be attributed to falling oil prices and stable demand for…

Initial reports indicate that Planet Fitness, renowned for its membership fees commencing at $10 per month, has announced an increase in base-level membership prices for newly signing customers, marking the first price hike since 1998. This move has been attributed to mounting concerns regarding expenses and an uncertain economic landscape. As of this summer,…

The Celo community has approved the usage of Optimism’s OP Stack technology to migrate its existing standalone blockchain onto a layer-2 network running on top of Ethereum. This decision, put forward on May 3, received overwhelming support, with 65 addresses representing 14.6 million CELO tokens endorsing the move, while only two addresses with 20,484…

A significant cyberattack has impacted the Ascension healthcare system throughout the US, causing hospital diversions, missed medical appointments, and restricted online access to individual records. Ascension, a non-profit Catholic healthcare organization based in St. Louis, operates approximately 140 hospitals and 25,000 beds in 19 states and Washington D.C. On Wednesday, Ascension identified “unusual activity”…