The S&P 500 printed its 42nd record high this year yesterday on the back of a mix bag of economic and corporate news. First, the latest GDP data confirmed that the US economy grew 3% in Q2 and the price pressures fell. Corporate profits rose 3.5% in Q2 versus a 1.7% gain penciled in by […]
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McDonald’s (MCD) is switching gears during a time when an alarming consumer trend is hurting its pockets. An increasing number of consumers, convinced inflation at fast-food restaurants is out of control, are opting instead to Read more…
Cruise lines have to balance the needs and wants of their passengers and the limits of their crew. Crew members work incredibly hard doing things that passengers see and behind-the-scenes things people may not ever Read more…
According to recent survey data released by the Federal Reserve Bank of New York, Americans are growing increasingly anxious about their credit card debt. Ted Rossman, Senior Industry Analyst, Bankrate, joined TheStreet to discuss what’s Read more…