Big Lots bankruptcy, plans sale and store closures
A Big Lots store in Los Angeles, California, US, on Saturday, Sept. 7, 2024. Discount home goods retailer Big Lots Inc. is preparing to file for bankruptcy as soon as Sunday, and plans to sell its chain of stores via a court-supervised process, according to people familiar with the plans. Eric Thayer | Bloomberg | […]
Here’s the key reason why a half-point cut would actually hurt stocks, according to Morgan Stanley’s top strategist
Fair valuation should see the S&P 500 between 5,000 to 5,400, says Morgan Stanley’s Wilson
Apple’s iPhone 16 event is coming up Monday. What investors need to know.
Apple faces competing dynamics as it gears up to reveal the pricing of the new iPhone 16 models.
Why airlines like American are scrambling to make engines last longer
TULSA, Okla. — Parts and labor shortages. Delayed deliveries of new airplanes from Boeing and Airbus. An engine recall. Premature repairs. It’s all piling up, and aircraft engine shops around the world are overflowing. As travelers boarded planes in record numbers this summer, airline executives waited anxiously for repairs and overhauls of their engines. The […]
The Biden administration said their student debt was canceled, but their servicer still says they owe. Now they’re suing.
Borrowers allege in a lawsuit against MOHELA that in some cases they’ve been waiting years for the debt relief they were promised
Summer box office buoyed by ‘Inside Out 2,’ ‘Deadpool & Wolverine’
Ryan Reynolds and Hugh Jackman star in Marvel’s “Deadpool & Wolverine.” Disney Box office analysts and cinema owners braced themselves a few months ago for the possibility that the summer movie season could be the worst showing in a decade. Thanks to some anthropomorphic emotions and a bad-mouthed, fourth-wall breaking antihero, the domestic summer box […]
NFL team sales are likely to stall as valuations soar
Abbie Parr | Getty Images Sport | Getty Images The Seattle Seahawks may be the next National Football League team to sell. Beyond that, it’s anyone’s guess when another franchise will change hands. Former Seahawks owner and Microsoft co-founder Paul Allen died in 2018. Since Allen’s death, the team has been controlled by a trust […]
Investors renew focus on inflation data as Fed weighs size of expected September rate cut
Wednesday’s consumer-price index for August may end up being the deciding factor as to whether the Federal Reserve will deliver a bigger-than-usual, 50-basis-point rate cut on Sept. 18.
American Airlines adds new Europe flights for summer 2025
Boeing 787-9 Dreamliner, from American Airlines company, taking off from Barcelona airport, in Barcelona on 24th February 2023. JanValls | Nurphoto | Getty Images As social media feeds make their seasonal shift from the Parthenon to pumpkin patches, airlines are busy preparing for the 2025 Europe travel season, a bet that strong demand for international […]
‘He won’t evict him’: My husband told me to pay for his tenant’s rental expenses. He said, ‘You offered to help.’ How do I tell him to take care of his own affairs?
“The tenant wants a million things fixed.”
