Seven years after Ethiopian Airlines Flight 302 went down outside Addis Ababa, a federal jury in Chicago is still assigning a dollar value to what Boeing’s failures cost one family. On May 13, that number came in at $49.5 million. The verdict is not large enough to threaten Boeing’s balance sheet. But the case it
After an especially bruising week of hot back-to-back inflation headlines, increasing uncertainties about the end of the Iran war’s energy shocks, and a flaccid state visit to China, the bond market’s outlook for a Fed interest-rate hike this year flexed. Long-dated Treasury yields pushed sharply higher, with bond traders upping the risk that the central
Alphabet (GOOGL) stock is up about 25.34% year to date, at the time of writing, Saturday afternoon, May 16, according to Yahoo Finance. Meanwhile, the SPDR S&P 500 index (SPY) is up about 8.4% in the same period. Google has managed to outpace the S&P 500, but it has also outpaced other Magnificent 7 members
The conversation in financial markets used to be simple: find the growth, buy the growth, wait for the growth to show up in earnings. That conversation is getting more complicated. The themes drawing sustained institutional capital in 2026 are not concentrated in a single sector or technology. They are structural, cross-party, and increasingly difficult for
Bond traders are sending incoming Fed Chair Kevin Warsh a welcome aboard message that puts a bit of a kibosh on his plan — which reflects President Donald Trump’s persistent demands — to lower interest rates. Sure, the stock market has been racing to new exuberant highs even while the Iraq war is pushing oil,
While the modern tourism market has multiple agencies that arrange travel for groups or certain types of niche clients, it is not particularly easy to stay in business as a travel agency these days. The high cost of air travel and ease of booking flights and hotels on one’s own online have created a double-whammy
The last few years haven’t been great for fast-food giant Wendy’s, which shared in February that it planned to close 5%-6% of its locations in 2026. Twenty years ago, the company’s stock began to plummet, spending most of 2008 to 2012 in dire straits. Starting in 2013, though, it started a steady climb that lasted
For decades, one familiar mall retailer helped define everyday American style. It became a go-to destination for wardrobe basics, denim jeans, and iconic khakis that generations of shoppers viewed as dependable and affordable. But as consumer habits rapidly shift toward digital shopping and experience-driven retail, even some of the most recognizable legacy brands are being
Silver hit an all-time high of $121.64 on January 29. By May 14, it was trading at $84, having briefly cleared $87 the day before on US-China tariff optimism before April CPI data pulled it back. On the same day it fell below $85, UBS published a note that explains why the easy part of
Rising gas prices may have some consumers on edge, but car buyers haven’t yet changed their buying habits, according to General Motors CEO Mary Barra. In March, the median lower-income household spent 4.2% of its income on gasoline, up from 3.9% a year ago, but still below the levels reached in 2022. Middle- and higher-income