PepsiCo announced Monday that it will acquire prebiotic soda brand Poppi for $1.95 billion as the food and beverage giant seeks to tap into the heightened consumer demand for healthy products.  The deal includes $300 million of anticipated cash tax benefits, making the net purchase price $1.65 billion and is part of Pepsi’s strategy to

Investors stomached big swings in the stock market this week with the S&P 500, the broadest measure of equities, sinking into correction territory spooked by President Trump’s ongoing tariff push against Canada and Mexico, while putting the European Union on notice with a potential 200% alcohol tariff.  All three of the major U.S. benchmarks clocked

Gold broke the $3,000 an ounce price threshold for the first time on Friday as investors sparked a rally in the safe-haven asset amid mounting economic uncertainty due to President Donald Trump’s tariff war. Spot gold prices hit an all-time high of $3,004.86 earlier in Friday’s trading session before dipping back below the $3,000 level as traders

Tesla is warning that it and other U.S. exporters could be hit with retaliatory tariffs as President Donald Trump imposes levies on American trading partners. In a letter sent to U.S. Trade Representative Jamieson Greer earlier this week, Tesla wrote that it “supports a robust and thorough process to gather information to ensure appropriate actions are

Used car shoppers can get a deal on electric vehicles (EV) as a new report notes that EV prices have fallen over the last year, with used Tesla prices declining more than other brands. A study by iSeeCars found that the average price of a 1-to-5-year-old user car declined slightly last year with a 0.8% decrease that