Hindenburg shorts Carvana, calls turnaround a ‘mirage’
CFOTO | Future Publishing | Getty Images Noted short seller Hindenburg Research disclosed a bet against Carvana on Thursday, claiming the online used-car retailer’s recent turnaround is a “mirage” that is being propped up by unstable loans and accounting manipulation. The report centers on Carvana’s practice of loan sales as well as the business relationship […]
New Orleans attack and Las Vegas Cybertruck explosion put car-rental app Turo in the spotlight
The peer-to-peer service was used to rent vehicles used in the incidents on New Orleans’ storied Bourbon Street and at a Trump Organization–operated hotel in Las Vegas, leading investigators to probe whether the attacks were connected.
These airlines were the most on time in 2024
Travelers view the arrival and departure boards at the Hartsfield-Jackson Atlanta International Airport (ATL) in Atlanta, Georgia, U.S., on Tuesday, Dec. 21, 2021. Elijah Nouvelage | Bloomberg | Getty Images Air travel demand continued to surge in 2024, led by a bounce back in international trips. From January through October alone, revenue-passenger miles worldwide, a […]
What to expect in 2025 if economist forecasts are as bad as usual
Nobody has a crystal ball, and that’s demonstrated every year when Wall Street’s professionals hazard a guess on what to expect for the following year.
These are the most popular Moneyist columns of 2024
Divorce, student debt, airline travel, house purchase and inheritance comprised the top 5 most read columns of the year.
Tesla Cybertruck explosion at Trump hotel in Las Vegas kills one and injures at least seven
Tesla CEO Elon Musk suggests fireworks or a bomb placed in the pickup truck’s bed caused the blast.
I’m the executor of my 90-year-old aunt’s estate. A neighbor threatened me and wants to buy her house. What should I do?
“I believe she doesn’t have that much time left.”
These ideal investments for retirees have almost never been this attractive heading into 2025
“Real” yields aren’t often this high.
Wendy’s, Denny’s, Red Lobster close locations in 2024
A rough year for the restaurant industry led many chains to close underperforming locations in 2024, as they try to improve their sales in the years to come. Inflation-weary consumers pulled back their restaurant spending in 2024 and instead sought value and discounts when they did choose to dine outside their homes. Overall U.S. restaurant […]
‘Should I feel guilty?’ My elderly neighbor and friend of 5 years left me her $1 million home. Should I split it with her two sons?
“I have plenty of money.”
