Tag: Economy

WestJet to drop non-reclinable economy seats after backlash

Fried chicken dining chains were the leading subsector of the fast-food industry in 2025 as traffic to chicken concepts rose 3% in the year ending September 2025, while all concepts dropped 1% compared to the previous year, according to market research firm Circana, as reported by Fast Company…

Bank of America (BAC) just sent a clear message to Washington following renewed talk of capping credit-card interest rates at 10%. CEO Brian Moynihan didn’t mince words, saying that although the idea may sound consumer-friendly, a hard cap will likely compel banks to limit credit, especially for …

A couple of economic and policy factors are currently influencing real estate industry opinion leaders’ predictions for the near future — especially regarding mortage rate changes. For one, President Donald Trump recently announced that he has instructed the federal government to purchase an …

The debate over when the Federal Reserve will finally start cutting rates just picked up a new and unnerving variable: a criminal investigation into the sitting Fed chair. Federal prosecutors have opened a criminal inquiry into Jerome Powell over the roughly $2.5 billion renovation of the Federal …

Fed’s Kashkari optimistic on economy, sees inflation easing

Intel (INTC) stock is up about 9%, at the time of writing, Tuesday afternoon, Jan. 13, thanks to KeyBanc raising its price target to $60, according to Yahoo Finance. The company’s Q4 earnings are near and will be released on January 22. Intel’s competitors, AMD and ARM…

Central bank chiefs, bank CEOs back Fed’s Powell after Trump administration threat

A new year is often meant to symbolize fresh starts, but for one of America’s most recognizable casual dining brands, 2024 delivered the opposite. Instead of renewal, the year was marked by financial troubles, bankruptcy, and a significant loss of its domestic and international footprints. Founded …

The stock market and investment portfolios are continually evolving. With banks recommending the incorporation of cryptocurrencies in their investments and including artificial intelligence and energy growth stocks, another conversation has extended into the new year: Is energy the key to …