Month: July 2022

U.S. markets climbed for a second consecutive day as investors shook off a second straight quarter of economic contraction. The Dow gained +332.04 or +1.03% The S&P 500 climbed +48.82 or +1.21% The Nasdaq closed the…

The House on Thursday passed a massive package aimed at boosting domestic production of computer chips and keeping America competitive with China. The vote came one day after the Senate…

Sprite is ditching its iconic green plastic bottle in favor of more sustainable clear bottles, its parent company, The Coca-Cola Co., announced Wednesday.  It’s a major change for the bubbly…

Affordable housing is becoming more and more precarious as rents keep climbing at a record pace, and wages for many Americans aren’t keeping up with inflation.  The average worker on a 40-hour week would need to…

JetBlue Airways on Thursday announced it would purchase Spirit Airlines, a combination that would create America’s fifth-largest airline. The announcement comes a day after Spirit pulled the plug on a deal to merge…

As soaring food prices continue to wreak havoc globally, consumers are finding some reprieve in cooking oil, coffee, and avocado. Prices of those food items are starting to drop though…

With food prices skyrocketing worldwide as a result of record inflation, supply chain issues, trade tariffs, and global conflicts, many consumers are seeking ways to stretch their grocery budget as far as…

On this day in 1909, General Motors Company acquired Cadillac Automobile Company for $4.5 million. Where The Market Was: The Dow Jones Industrial Average traded at around 100. What Else Was…

U.S. stocks rallied Wednesday, with the tech-heavy Nasdaq Composite posting its biggest daily percentage gain since April 2020, after the Federal Reserve raised its benchmark interest rate by another 0.75…

Spirit Airlines Inc. and Frontier Group Holdings Inc. terminated a merger agreement that would have created the nation’s largest deep-discount carrier, opening the door to a rival bid for Spirit…