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A fresh selloff could hit Wall Street as soon as this week, with Goldman Sachs’ Panic Index signaling markets are near “max fear” despite Friday’s rally. Analysts at Goldman’s trading desk estimate that as much as $33 billion of selling could hit US equities this week, telling investors that they need to “buckle up,” according […]
INGLEWOOD, CALIFORNIA – NOVEMBER 17: A detail view of a NBC Sunday Night Football video camera during the first half between the Cincinnati Bengals and the Los Angeles Chargers at SoFi Stadium on November 17, 2024 in Inglewood, California. Ric Tapia | Getty Images Sport | Getty Images YouTube TV subscribers may soon be without […]
Shoppers cast shadows as they carry their bags along the waterfront in Portland, Maine, U.S, December 26, 2024. Kevin Lamarque | Reuters It’s not just Walmart. The leaders of companies that serve everyone from penny-pinching grocery shoppers to first-class travelers are seeing cracks in demand, a shift after resilient consumers propped up the U.S. economy […]
A Delta Airlines and American Airlines plane are seen at Ronald Reagan Washington National Airport in Arlington, Virginia, on July 1, 2023. Stefani Reynolds | AFP | Getty Images Airlines are cutting their first-quarter profit and sales estimates, warning that a weaker economic backdrop is weighing on travel demand. Ahead of a JPMorgan industry conference, […]
Californians already paying the highest gas prices in the country could have another tax hike headed their way, if proposed changes to the state’s low carbon fuel standard are adopted. The California Air Resources Board (CARB) — which consists of board members appointed by Gov. Gavin Newsom and the Democrat-controlled legislature — is scheduled to vote just days after […]
