Is Kevin Warsh going to be a markets-friendly Fed Chair? In one word, yes. But not in the short term, investors agree. They hope that the “regime change” Warsh promised during his nomination process will Read more…
Hardware sales suffered from a continued housing slump and consumers’ reluctance to spend in uncertain economic conditions in 2025. Industry leader Home Depot’s sales performance may have been affected by these economic issues, as its Read more…
For many Americans, eating out has become a luxury. Some people have been trading down, while others have decided to eat at home more often. In my decades of covering restaurants, I’ve never seen a Read more…
Grocery store sticker shock isn’t going away anytime soon. The average household spends $6,224 on groceries annually, according to the most recent data from the U.S. Bureau of Labor Statistics. That’s nearly double the average Read more…
Americans saving for retirement remain focused on maximizing the money they will have available once they stop working, and Individual Retirement Accounts (IRAs) play a central role in that planning. As households evaluate tax treatment, Read more…
Royal Caribbean changed the cruise industry with its launch of Perfect Day at CocoCay. The cruise line changed the definition of what consumers expect in a private island by adding multiple experiences. The addition of Read more…
For decades, Berkshire Hathaway’s quarterly stock filings have been treated like a roadmap into Warren Buffett’s thinking. However, the latest one feels very special. Berkshire Hathaway (BRK.A) (BRK.B) unveiled a wide-ranging portfolio overhaul in its Read more…
As a mortgage and real estate reporter, I spend a lot of my time tracking mortgage rates … even when I’m off the clock. Along with hiking and reading, I should add “checking mortgage rates” Read more…
There is a particular kind of pep talk that only billionaires can give. It usually shows up right when the rest of us are doing the math on a layoff notice or a rent check, Read more…
Take-Two Interactive (TTWO) just delivered one of the cleanest earnings beats the company has posted in years, and Morgan Stanley isn’t changing its tune. The Wall Street firm maintained its Overweight rating and $280 price Read more…