On Monday, the U.S. stock market showed mixed performance, with the S & P 500 and Nasdaq Composite posting gains while the Dow Jones Industrial Average was slightly lower. This fluctuation was attributed to the anticipation of major inflation data later in the week. Investors are awaiting the producer price index (PPI) reading for July
In recent news, Blink Fitness, a budget-friendly gym chain owned by luxury fitness company Equinox Group, has made headlines for filing for Chapter 11 bankruptcy protection. This move comes as a surprise to many, as Blink Fitness has over 100 centers in the U.S. and was once seen as a promising player in the fitness
Coach Prime wants consumers to know they can watch DirecTV without a satellite dish. The traditional TV bundle provider, known for satellite dishes on houses and buildings, is rebranding itself in a new ad campaign, “For the Birds,” starring Deion Sanders. The campaign aims to highlight DirecTV as a streaming company, adapting to the changing
General Motors recently unveiled the redesigned versions of its popular entry-level GMC Terrain crossover, showcasing the new standard “Elevation” model. This compact crossover boasts a more rugged exterior design and an upgraded interior equipped with 26 inches of screens, including a 15-inch center touchscreen and an 11-inch driver information cluster. In addition, the vehicle comes
Contrary to the prevailing belief held by a majority of Americans, the U.S. economy has not succumbed to a recession. Despite facing challenges such as inflation and high interest rates, the economy has managed to remain robust. According to a survey conducted by Affirm in June, 59% of respondents falsely perceive the country to be
Restaurant CEOs are fixated on the concept of “value,” constantly referencing it in conversations with investors to explain declining sales and outline strategies for attracting customers in the future. The term has been mentioned repeatedly in conference calls by executives from top companies like McDonald’s, Yum Brands, Papa John’s, and Burger King’s parent company, Restaurant
In the midst of a volatile market, dividend-paying stocks can be a safe haven for investors looking for stability and consistent returns. Health-care giant Pfizer (PFE) stands out as a top dividend stock, offering investors a dividend yield of 5.9%. Pfizer recently announced better-than-expected second-quarter results, driven by its cost-cutting initiatives and strong sales of
Mega events like the Olympic Games and major concerts have been known to cause a surge in prices for various goods and services, including hotel rooms and airline tickets. However, according to UBS, the impact of these events on the average consumer may not be as significant as one would expect. The method used to
As fears of a U.S. recession begin to resurface, attention has once again turned towards the issue of unemployment benefits. Experts warn that the current system, already strained by the Covid-19 pandemic, is ill-prepared for another economic downturn. According to Michele Evermore, a senior fellow at The Century Foundation and former deputy director for policy
Under Armour recently released its fiscal first quarter results, which showed a decline in sales across its business. Despite this, the company managed to beat Wall Street’s expectations both in terms of earnings per share and revenue. This unexpected positive outcome resulted in the company’s stock price surging by 17% in early trading. The earnings