Stock Market Winners & Losers: Markets Rebound From Monday’s Decline | States Sue TikTok Over App’s Effect on Kids | US Obesity Rate Slightly Drops
Oil prices fell nearly 5% after a surge earlier in the week, as traders watched for Israel's retaliation to Iran’s missile attacks and U.S. efforts to prevent a wider Middle East conflict. Stocks remain volatile amid fears of escalating tensions, despite a market rally following a strong jobs report last week.
Apple may launch a smart ring by 2026 to compete with Samsung’s $399 Galaxy Ring. Meanwhile, over a dozen state attorneys general are suing TikTok, accusing it of deceiving users, especially minors, with addictive features and its unlicensed "TikTok Coins" system.
Obesity rates in the U.S. have slightly declined, reversing a decades-long rise. Weight loss drugs like Wegovy and Zepbound are driving this trend, with one in eight Americans using these medications. College graduates are seeing the steepest decline in obesity rates, with this trend being compared to the decline in cigarette smoking. Zepbound-maker Eli Lilly’s value now surpasses major corporations like Walmart and JPMorgan. TikTok faces a potential U.S. ban by January 19 unless its Chinese parent company, ByteDance, finds a non-Chinese buyer.
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