Despite repeated reassurances that Spirit Airlines (SAVE) would be able to recover from rising debt and a blocked acquisition by JetBlue Airways (JBLU) , the airline is now talking to bondholders about a restructuring plan in which a Chapter 11 filing is a possibility.
Spirit stock tumbles amid bankruptcy talks Read More »
Sixty-eight million Americans receive Social Security Insurance (SSI) payments each month, and most retirees (58%) note that Social Security is a significant source of income in retirement.
Social Security payments will be affected soon by a cost of living change Read More »
The S&P 500 returns to flat after ticking higher in early action. The tech-heavy Nasdaq is down 0.8%.
Stocks mixed as markets digest Middle East tension Read More »
U.S. stocks moved firmly higher in early Friday trading, while Treasury yields and the dollar were largely unchanged, as investors reacted to a key speech from Federal Reserve Chairman Jerome Powell that could clarify the central bank’s plans for autumn rate cuts.
Fed Chair Powell signals rate cuts as stocks test record highs Read More »
Federal Reserve Chairman Jerome Powell will take the stage at the central bank’s annual retreat in Jackson Hole Friday with renewed confidence that inflation is receding and the economy is poised, albeit delicately, for a so-called soft landing.
When Fed Chair Powell speaks to central bank Friday in Jackson Hole, he might disappoint Read More »
There’s a $96 million question hanging in the air…what happens to the bundle President Joe Biden’s re-election campaign has yet to spend, now that he’s out of the race?
Joe Biden is out of the race. Here’s what happens to his $96 million campaign fund Read More »
So, you are scouring websites and newspapers, trying to find that perfect house or condo. But you’re worried about one thing.
Perception is not reality and McDonald’s (MCD) has faced some of the same narrative problems (perhaps without the political overtones) that the gasoline industry has. Addressing the issue, McDonald’s President Joe Erlinger wrote an open letter to the chain’s customers.
Prices at McDonald’s are up, but fast-food giant wants consumers to know by how much Read More »
Costco has been almost stubborn in how slow it has been to adopt new technology. The company embraced the internet years after rivals like Walmart and Target, and it remains well behind them when it comes to its digital presence.
Under new CEO, major changes could be realized at Costco Read More »
While Coca-Cola still holds the top spot when it comes to America’s biggest soda brand, there is officially a battle for the number two spot. After decades of it being just a two-brand race, Dr Pepper has emerged as a contender as is now tied with Pepsi as America’s No.2 soda.
