The US Consumer Confidence Index® came in much lower than expectations, and the Expectations Index fell to 72.9. A fall below 80 signals a recession ahead, enough to elevate the…
Editor's Pick
How digitally native companies like Rothy’s are growing profitably in a new era for retail
by
0 comment
Direct-to-consumer footwear brand Rothy’s just recorded its best year on record after the company appointed retail veteran Jenny Ming, one of the co-founders of Old Navy, as its CEO. Ming took…
Editor's Pick
Joann to shutter all 800 fabric stores after failing to find a buyer to save its locations
by
0 comment
Fabrics outlet Joann will shutter all of its approximately 800 locations after failing to find a buyer who would keep its stores open. In a statement, the company said it…
Editor's Pick
Denny’s says some locations will start charging extra for eggs amid nationwide shortage
by
0 comment
Denny’s is the latest nationwide restaurant chain to announce surcharges for meals that include eggs in response to a nationwide shortage that has sent U.S. prices skyward. In a statement,…
Editor's Pick
JPMorgan Chase CEO Jamie Dimon says DOGE ‘needs to be done’ to fix government inefficiency
by
0 comment
JPMorgan Chase CEO Jamie Dimon on Monday said the U.S. government is inefficient and in need of work as the Trump administration terminates thousands of federal employees and works to dismantle agencies including the Consumer…
Editor's Pick
Robinhood app says SEC dismissed crypto investigation in sign of easier industry regulation
by
0 comment
The Securities and Exchange Commission is dropping its investigation into Robinhood’s crypto arm, the company revealed Monday. Robinhood said it received a letter from the SEC’s enforcement division on Friday, detailing…
Starbucks will lay off 1,100 corporate employees and will not fill several hundred other open positions, the coffee chain’s CEO Brian Niccol said Monday. The cuts will not affect workers at…
Editor's Pick
Apple boosts U.S. investment plans with $500 billion pledge amid Trump tariff threat
by
0 comment
Apple on Monday reaffirmed a commitment to invest hundreds of billions of dollars in the U.S. over the coming years amid pressure from President Donald Trump and the growing threat…
The complexion of the market is changing. Aggressive sectors which have led the market higher are now beginning to show signs of strain as momentum slowly dissipates and prices turn…
In the later stages of a bull market cycle, we will often observe a proliferation of bearish momentum divergences. As prices continue higher, the momentum underneath the advance begins to…