Let’s assume the news reports are correct: A deal will get struck in the next day or so that allows the Strait of Hormuz to reopen. That raises two quick questions: How fast will retail Read more…
The US services sector continued to expand at a healthy pace in July, suggesting the economy remains resilient even as cracks emerge in the labor market. The ISM Services PMI edged up to 54.1 from Read more…
While many smaller airlines already struggle to stay in business due to the astronomical costs of being in aviation, the price of jet fuel that spiked after the attack on Iran has dealt unexpected blows Read more…
Consumers consistently say they want healthier fast-food options, but when it’s time to order, many still choose taste, value and convenience instead. McDonald’s, for example, no longer even has a salad on the menu because Read more…
Luxury fashion retailers are accelerating store closures as slowing demand, economic uncertainty, and shifting consumer spending force even the industry’s biggest names to rethink their global footprints. Over the past year, several luxury companies have Read more…
Palantir Technologies (PLTR) has posted the kind of earnings report that makes a pricey company seem nearly fair. Revenue surged 93% year over year. U.S. commercial sales jumped 149%. Government revenue climbed 90%. Profit margins Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal For most products, convenience trumps everything, Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Customizing a dorm room to your personality is a highlight of Read more…
Weak US ADP employment data (44k, well below expectations) reinforced the market’s already-building conviction that the Fed has room to hold rates, a narrative driven primarily by growing optimism that the Strait of Hormuz could Read more…
Delaying Social Security benefits until age 70 has long been considered one of the most effective ways to maximize retirement income. However, updated projections show the program’s retirement trust fund could be depleted sooner than Read more…