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Category Archives: Uncategorized

Charts suggest the S&P 500 is at a make-or-break moment, Jim Cramer says

“The charts, as interpreted by Jessica Inskip, suggest that we’re at an important moment where the S&P 500’s found an equilibrium,” he said.

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Bed Bath & Beyond looks for capital infusion, buyer ahead of likely bankruptcy filing

Bed Bath & Beyond is looking for financing to keep it afloat during a bankruptcy process, and continued discussions with prospective buyers, according to people […]

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Homebuilder sentiment rises in January for the first time in a year, thanks to lower mortgage rates

Lower mortgage rates are giving homebuilders greater confidence in the single-family housing market.

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Holiday sales fall short of expectations, set stage for tougher 2023 for retailers

Holiday sales fell short of industry expectations, as shoppers felt pinched by inflation and rising interest rates.

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Southwest pilots’ union calls vote to authorize potential strike as contract talks sour

Southwest Airlines pilots’ union is calling a vote that would give it the power to call for a potential strike, weeks after the carrier’s holiday […]

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Gun companies reckon with declining demand after pandemic surge

Large firearm manufacturers like Sturm, Ruger are taking a hit as gun sales, which surged in recent years, return to pre-pandemic levels. 

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Party City files for bankruptcy with plans to restructure mounting debt

Retailer Party City has filed for Chapter 11 bankruptcy protection, toppled by a heavy debt load as inflation hits consumers’ wallets and dents sales.

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Jim Cramer warns investors not to panic-sell reliable stocks

Jim Cramer warned investors not to let Tuesday’s losses scare them into exiting their positions in steady, dependable stocks.

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Gen Z is driving luxury sales as wealthy shoppers get younger

Analysts and luxury executives say the appeal of luxury brands to ever-younger consumers is tied to a surge in wealth creation over the past few […]

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Where are the safest places to travel in 2023? It depends on how you define ‘safe’

New reports show the “safest” travel destinations vary by whether crime, terrorism, quality of medical care or people’s perceptions are analyzed.

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