Opinion: We’re spending more on leisure and travel. These 11 stocks will sail along.
Leisure stocks are likely to outperform this year as emboldened consumers kick back and relax. Here’s more on three economic trends supporting this trend and 11 stocks to consider, according to five money managers I check in with on this theme. 1. Consumer sentiment is surging. The University of Michigan consumer sentiment index added almost […]
Upstart airlines Avelo, Breeze prepare for a profitable year
The inaugural flight of an Avelo Airlines Boeing 737-800 takes off from Hollywood Burbank Airport to Charles M. Schulz-Sonoma County Airport in Santa Rosa on April 28, 2021. Patrick T. Fallon | AFP | Getty Images In the nearly four years since the Covid-19 pandemic upended air travel, the largest U.S. airlines have returned to […]
Opinion: Can we cut Oprah Winfrey some slack? The struggle to lose weight is real.
Leave Oprah alone. Yes, Oprah Winfrey is in the news again — in this case, for her decision to sell her stake in WW International WW, +8.33% (formerly known as WeightWatchers) and leave the company’s board. The decision came after Winfrey announced, to considerable backlash, that she was taking a weight-loss drug to help her […]
Pfizer RSV vaccine protects older adults over two seasons
Respiratory syncytial virus vial. Manjurul | Istock | Getty Images Pfizer‘s vaccine against respiratory syncytial virus maintained protection for older adults across two full seasons of the disease in an ongoing late-stage clinical trial, the company announced Thursday. The shot’s efficacy declined slightly compared with the levels of protection after one RSV season, but the […]
Wall Street worries about NYCB’s loan losses and deposit levels
A sign is pictured above a branch of the New York Community Bank in Yonkers, New York, U.S., January 31, 2024. Mike Segar | Reuters Regional lender New York Community Bank finds itself in an apparently worsening predicament just as the anniversary of last year’s banking turmoil nears. Shares of the troubled lender plunged 25% on […]
I sold my home, but I am trapped by rising interest rates and prices. What now?
I wanted to share my experience with the current housing market and ask for advice on my next moves in a seemingly impossible situation. Let’s take a trip back to 2017. I was married at the time with three young children, and my then-wife and I were renters. We both worked the best jobs we […]
Medicare drug price negotiations: Judge rejects AstraZeneca challenge
Activists protest the price of prescription drug costs in front of the U.S. Department of Health and Human Services building in Washington, D.C., on Oct. 6, 2022. Anna Moneymaker | Getty Images A federal judge on Friday rejected AstraZeneca‘s legal challenge to Medicare’s new power to negotiate the prices of certain costly prescription drugs with […]
Super Micro, Deckers to join S&P 500, replacing Whirlpool, Zions Bancorp
Data-server provider Super Micro Computer Inc. and footwear maker Deckers Outdoor Corp. will join the S&P 500 SPX stock index later this month, replacing Whirlpool Corp. and Zions Bancorporation, S&P Dow Jones Indices said Friday. Shares of both Super Micro SMCI, +4.54% and Deckers DECK, +0.86% rose after hours on Friday. Super Micro’s stock jumped […]
Super Micro, Deckers to join S&P 500, replacing Whirlpool, Zions Bancorp
Data-server provider Super Micro Computer Inc. and footwear maker Deckers Outdoor Corp. will join the S&P 500 SPX stock index later this month, replacing Whirlpool Corp. and Zions Bancorporation, S&P Dow Jones Indices said Friday. Shares of both Super Micro SMCI, +4.54% and Deckers DECK, +0.86% rose after hours on Friday. Super Micro’s stock jumped […]
NASA shuts down Maxar-led OSAM-1 satellite refueling project
A “grapple test” of the OSAM-1 spacecraft’s robotic servicing arm. NASA NASA is shutting down a $2 billion project to test satellite refueling in space, it announced Friday, after the agency’s auditor criticized the program’s lead contractor, Maxar, citing “poor performance.” The space agency said in a statement that the OSAM-1 — On-orbit Servicing, Assembly, […]
