The pizza restaurant industry has been downsizing this year, with major chains closing hundreds of underperforming locations. Mountain Mike’s Pizza chain has been a contrarian over the last two years, adding dozens of new locations. The expansion mode, however, hasn’t prevented one of its …
Expanded deductions for older Americans are changing the tax-planning equation for retirees, according to Jeffrey Levine, chief planning officer at Focus Partners Wealth. In an interview as part of the Focus on Finance Forum series, Levine explained that many retirees may now qualify for the 0% …
Gold prices seemed to be mounting a comeback, but JPMorgan just made the rally harder to trust. Investors expected the shiny yellow metal to continue pushing higher into year’s end, buoyed by rate-cut hopes, central-bank buying, and safe-haven demand. Reuters reported that spot gold was up over 2% …
Delta Air Lines (DAL) is set to provide investors with their first major hint as to whether higher airfares are still holding. That’s important since airline stocks have been squeezed by two competing pressures in 2026. Unpredictable fuel prices have offset strong travel demand. Now Bank of America …
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The AI trade isn’t just about Nvidia anymore. That could be the true warning sign underlying Michael Burry’s current move on the markets. The investor behind “The Big Short” has revealed new bearish positions against Tesla (TSLA), Nvidia (NVDA), Caterpillar (CAT), Applied Materials (AMAT), and the …
Three months ago, Goldman Sachs was warning clients that the U.S. economy had a one-in-four chance of tipping into recession. The bank just cut that number by 10 percentage points, and the reason has nothing to do with anything the Federal Reserve did. Goldman Sachs chief economist Jan Hatzius …
JPMorgan’s chief global economist Bruce Kasman titled the bank’s mid-year outlook “Promise and Pressure.” He published it on June 28. The two words are doing a lot of work in a year that has moved faster than most forecasters expected. The promise is that global growth is stabilizing in the second …
China’s Zhipu AI says its newest model can find software security bugs as well as Anthropic’s most tightly restricted system. The claim landed this week with no benchmark paper behind it, just a viral post. That hasn’t stopped it from rattling a market already nervous about what’s propping up …
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