“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 […]
Continue readingHomebuilder 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.
Continue readingHoliday 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.
Continue readingSouthwest 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 […]
Continue readingGun 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.
Continue readingParty 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.
Continue readingJim 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.
Continue readingGen 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 […]
Continue readingWhere 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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