Discount home goods retailer Big Lots filed for bankruptcy protection on Monday after high interest rates and a sluggish housing market slowed demand for its low-priced furniture and decor. As part of its Chapter…
The battle for Rupert Murdoch’s global media kingdom is headed to the biggest little city in the world. Murdoch, the 93-year-old billionaire press baron, reportedly wants to alter the terms…
Trump-Harris race neck and neck nationally in new survey, pollster sees ‘warning sign’ for Dems
Former President Trump and Vice President Harris are neck and neck ahead of their first – and potentially only – debate in Philadelphia on Tuesday, according to a new survey…
CNN ‘passed’ its test in that came in the form of the first presidential date in June between President Joe Biden and former President Donald Trump. Opinions are divided on…
Chase Bank said it was reviewing incidents of individuals who may have participated in an online check fraud ‘glitch’ trend and referring them to law enforcement authorities. Last weekend, social…
The recent decline last week revealed that the artificial intelligence bubble is deflating. Magnificent Seven stocks are unwinding in response to investors losing confidence in the AI trade in general.…
Good morning and welcome to this week’s Flight Path. Equities flashed an uncertain “Go Fish” bar at the end of the week as the markets became even more unsettled. Treasury…
Any strategy that trades stocks needs some sort of market timing mechanism to identify bull and bear markets. Typically, stock strategies are fully invested during bull markets because risk is…
U.S. airlines cool hiring after adding 194,000 employees in post-Covid spree
U.S. passenger airlines have added nearly 194,000 jobs since 2021 as companies went on a hiring spree after spending months in a pandemic slump, according to the U.S. Department of…
Much like the southeastern portion of the U.S. frets over the potential of devastating hurricanes, stock traders and investors brace for their own financial hurricane this time of year. Last…