Opinion: It’s the ‘woke’ economy, stupid: Progressive U.S. policies empower populists
Progressives around the world are worried. Right-wing populists have won national elections in the Netherlands and Italy and enjoy rising strength in Germany. In the United States, despite indictments on 91 counts in three states and Washington, D.C., former President Donald Trump leads President Joe Biden in the 2024 election polls. Neither Florida Governor Ron DeSantis nor former South Carolina Governor […]
JetBlue Airways (JBLU) earnings Q4 2023
JetBlue Airways swung to a loss in the fourth quarter and forecast lower capacity this year as it scrambles to return to profitability. The airline expects revenue to drop between 5% and 9% in the first three months of the year, more than the 5.5% decline Wall Street analysts were predicting. Capacity in the first […]
General Motors’ stock soars after earnings crush estimates
General Motors Co.’s stock jumped 7.7% early Tuesday, after the auto giant blew past estimates for the fourth quarter and offered upbeat guidance. “Consensus is growing that the U.S. economy, the job market and auto sales will continue to be resilient, and at GM, we expect healthy industry sales of about 16 million units with […]
General Motors (GM) earnings Q4 2023
A GMC pickup truck is displayed for sale on a lot at a General Motors dealership in Austin, Texas, on Jan. 5, 2023. Brandon Bell | Getty Images DETROIT — General Motors is set to report its fourth-quarter earnings before the bell Tuesday. Here’s what Wall Street is expecting, according to average estimates compiled by […]
Can UPS snap its streaks of revenue misses and post-earnings stock selloffs?
Shares of United Parcel Service Inc. slumped Monday as investors prepared for the package-delivery giant’s quarterly results, which have not been so kind to investors in the recent past. The company is slated to reveal its fourth-quarter earnings report on Tuesday at around 6 a.m. Eastern time. UPS’s stock has declined on the day that […]
WWE founder Vince McMahon resigns from TKO Group after being accused of sexual assault and trafficking in new lawsuit
Vince McMahon attends a press conference to announce that WWE Wrestlemania 29 will be held at MetLife Stadium in 2013 at MetLife Stadium on February 16, 2012 in East Rutherford, New Jersey. Michael N. Todaro | Getty Images Vince McMahon, executive chairman of the board of TKO Group Holdings and founder of wrestling giant WWE, has […]
Our neighbors ask us for money. My husband gave them $400. Is it bad to say no?
This man and his wife have fallen on hard times, but in reality they have been in this predicament for decades. He hasn’t had a job for many years, because he says that his wages will be garnished so it isn’t worth working. They owe a lot in property taxes. So he does odd jobs […]
Retail return fraud is rising as consumers send back holiday purchases
As retailers tried to win shoppers and boost sales in recent years, they made their online return policies more lenient than ever. But those changes have come at a cost. As more consumers shop online and send back more of those orders, retailers have moved to crack down on fraud. In some cases, shoppers can […]
Is Nvidia today’s Cisco? Here’s what Ed Yardeni thinks.
“Is Nvidia today’s Cisco? It’s possible. If so, then it has a lot more upside before it crashes — if it crashes.” Is it possible that the meltup phase of the bull market (which started on Oct. 12, 2022) has begun already — having started following the correction low on Oct 27, 2023? Yes, it […]
Starbucks Oleato olive oil drinks launch across the U.S.
Starbucks is launching its beverages called Oleato in all U.S. stores. Courtesy: Starbucks Starbucks is launching its olive oil-infused drinks in all U.S. stores beginning Tuesday, the company said. The beverages, named Oleato, debuted in Italy in February 2023 after former CEO Howard Schultz visited the country and noticed locals drinking olive oil daily. The […]
