Hims & Hers shares plunged Monday after Novo Nordisk filed a lawsuit and federal regulators called for an investigation into Hims' compounding strategy for GLP-1 drugs.
Why it matters: Novo's legal offensive escalates an ongoing feud as it moves to defend its crown-jewel drug franchise amid price pressure and rising U.S. competition — and puts at risk a Hims business line that's been central to the telehealth company's growth.
Tax refund season is expected to look K-shaped this year, with larger refunds flowing to higher-income filers while many lower earners see a smaller boost.
Why it matters: The administration is betting that its tax policies, and the influx of cash from refunds, will help juice consumer spending and keep the economy humming.
But refunds tilted toward wealthier households could blunt that effect without improving poorer households' perception of the economy.
The so-called SaaS-pocalypse has come for all kinds of software companies, as AI upends the "software as a service " industry, or SaaS.
Why it matters: There are signs of rising financial stress for software makers, public and private, but as we head into the week, there are some reasons to believe a di-SaaS-ter could be averted.
Starbucks is rolling out what appears to be one of its most wide-ranging menu updates in years — including its biggest bakery refresh ever, a core coffee addition and permanent drink launches.
Why it matters: Monday's launch comes as the Seattle-based coffee giant pivots from simplification to growth nearly a year and a half into its turnaround plan under CEO Brian Niccol.
Pete Buttigieg is widely admired as a first-class communicator. But many Democrats think he's lacking as an administrator — and are pointing to his time as President Biden's transportation secretary.
Why it matters: Several of Buttigieg's potential rivals for the 2028 Democratic nomination for president are quietly beginning to pick at his work in Biden's Cabinet as a vulnerability, rather than an asset.
Gambling culture is enveloping American sports, politics, media and trading, bringing betting out of the shadows and into the mainstream in a way that disturbs some and exhilarates others.
Why it matters: What was once a fringe vice is fast becoming a mass-market habit — raising urgent questions about addiction, fairness and who should regulate the business of betting on almost anything.
