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Author: hadi

Cryptocurrencies

17-year-old Mexican restaurant chain closes all locations

Another Mexican restaurant chain has abruptly shut down all its locations, leaving customers searching for answers after the company has not provided an immediate explanation for the closures. The shutdowns come as restaurant operators across Read more…

By hadi, 4 weeks ago August 5, 2026
Cryptocurrencies

Kellogg is bringing a major change to your favorite cereals

The cereal aisle at your local grocery may look more or less the same as it always has, but behind those colorful boxes lies a bigger story: the long-term decline in cereal sales. Billions of Read more…

By hadi, 4 weeks ago August 5, 2026
Cryptocurrencies

Nairobi eyes Canadian mortgages now that barrier to entry is lower

Private mortgages in Canada pay about 8%. Getting into one has meant $100,000, a lockup of a year or two, and your money riding on a single borrower. “There’s multiple mortgages where if you wanted Read more…

By hadi, 4 weeks ago August 5, 2026
Cryptocurrencies

Private equity is back for 117 JCPenney stores

Mall staples continue to disappear as rising competition, weaker consumer spending, and the growth of e-commerce reshape the retail landscape. Macy’s plans to shutter around 150 underperforming stores by 2026, Claire’s closed nearly 300 U.S. stores after filing for Chapter 11 Read more…

By hadi, 4 weeks ago August 5, 2026
Cryptocurrencies

Gold Price Jumps and Violates Key Barriers on Fresh US-Iran Peace Hopes

Gold price rose over 3% and hit the highest in nearly six weeks on Wednesday, lifted by fresh wave of optimism over a peace talks between the US and Iran, which eased inflation concerns and Read more…

By hadi, 4 weeks ago August 5, 2026
Cryptocurrencies

Big Tech’s blowout profits hide an uncomfortable truth

Big Tech just closed out its second-quarter 2026 earnings season, and the results looked, on paper, like a triumph. Microsoft, Amazon, and Alphabet all posted numbers that blew past Wall Street‘s estimates, and headlines celebrated Read more…

By hadi, 4 weeks ago August 5, 2026
Cryptocurrencies

How long will Americans have to wait for gas prices to fall?

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…

By hadi, 4 weeks ago August 5, 2026
Cryptocurrencies

US ISM Services Holds Firm at 54.1 as Employment Contracts, Prices Accelerate

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…

By hadi, 4 weeks ago August 5, 2026
Cryptocurrencies

Airline stops selling tickets, all flights canceled

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…

By hadi, 4 weeks ago August 5, 2026
Cryptocurrencies

Healthy fast-food chain closes after Chapter 11 filing

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…

By hadi, 4 weeks ago August 5, 2026

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  • J. Peterman, catalog retailer of Seinfeld fame, has shut down
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