Changes in spending, gym closures and anti-obesity drugs decimate fitness industry

People exercise at a gym in southern Seoul on June 30, 2025. [NEWS1]

People exercise at a gym in southern Seoul on June 30, 2025. [NEWS1] The fitness industry is in decline due to anti-obesity drugs. As fitness spending soars, the once-thriving “dumbbell economy” is being forced into diets as people turn to medical solutions to manage their weight. The number of customers who used their cards at … Read more

Trump: It’s ‘impossible’ for Washington to fund Medicaid, Medicare as military spending increases. How to prepare now

Trump: It's 'impossible' for Washington to fund Medicaid, Medicare as military spending increases. How to prepare now

Moneywise and Yahoo Finance LLC may earn commissions or revenue from links in the content below. President Donald Trump said the federal government spends so much money on wars that it can’t afford to fund programs like day care and health care. “America can’t take care of day care. That’s for the states to decide,” … Read more