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Why is Kimberly-Clark hoping to acquire the embattled maker of Tylenol?

by Carla Javier

The recent publicity could allow the company to get a good deal on Kenvue, which makes Tylenol, Band-Aids, and other household products.

The deal to acquire the maker of Tylenol is reportedly valued at nearly $50 billion.

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Concentrated spending by the wealthiest Americans can be seen in Apple's latest quarterly earnings, which reported double-digit growth in iPhone sales.

This K-shaped economy is reliant on high-income spenders

Economyby Henry Epp

But if the stock market stumbles, they may pull back.

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