Business

Costco’s recent earnings report has unveiled a complex picture for the wholesale giant, demonstrating resilience in revenue despite falling short of earnings expectations. For the second quarter, ended February 16, the numbers present a narrative that reflects broader economic uncertainties. With adjusted earnings per share of $4.02 heading towards the anticipated $4.11, it underscores a

Senator Richard Blumenthal’s recent inquiry into Visa’s collaboration with Elon Musk’s social media platform, X, controversially highlights the potential pitfalls of financial services intersecting with tech giants. Blumenthal, a Connecticut Democrat, has taken a bold step in demanding transparency surrounding Visa’s impending digital wallet service poised for launch on X. What seems benign on the

On Thursday evening, the skies over Florida swirled into chaos as the Federal Aviation Administration (FAA) suspended flights to multiple airports after a mishap involving SpaceX’s Starship. This event is not merely an isolated incident; it marks the second occasion within the year that SpaceX has encountered significant failure during a Starship flight test, leading

Macy’s recent quarterly results illustrate a fundamental dilemma for traditional retailers in the current economic landscape. CEO Tony Spring has inherited a ship that seems to be taking on water despite some progress. The company reported a 1.1% decrease in comparable sales for the crucial holiday quarter, a figure that exposes glaring weaknesses in a

Despite unprecedented levels of new apartment constructions reaching astonishing heights—close to 600,000 multifamily units completed in the last year—renters across the country are finding the rental market increasingly competitive. This reality defies basic economic logic. With new inventory flooding the market, one would expect prices to stabilize or even decrease, yet competition for available rentals

As Target prepares to unveil its fiscal fourth-quarter earnings, which analysts predict will reflect a troubling decline, concerns mount over its ability to rejuvenate a waning customer base. The consensus estimates suggest earnings of $2.26 per share and revenue reaching $30.8 billion. While the higher revenue forecast can initially seem optimistic, it masks deeper issues

Serena Williams, a name synonymous with tennis excellence, is not just resting on her laurels after a legendary career; she is redefining the landscape of women’s sports. Her recent investment in the Women’s National Basketball Association’s (WNBA) Toronto Tempo marks a pivotal moment. As the first expansion team in Canada for the WNBA, the Toronto

In a culinary landscape defined by ever-shifting consumer preferences, the fast food pizza industry has become an elaborate battlefield. Recently, Domino’s Pizza announced the imminent release of its own version of stuffed crust pizza. This strategic initiative comes at a critical time when consumer loyalty is necessary for survival, especially for a leading chain that

In recent years, the aviation industry has faced mounting scrutiny over customer satisfaction, particularly when it comes to inflight connectivity. American Airlines has taken a bold step by piloting complimentary inflight Wi-Fi on select flights next week. The initiative reflects a broader trend within the industry, where competitors are rapidly adapting to consumer expectations. Customers

In a world where the quest for status and comfort reigns supreme, airlines are engaged in a fierce battle to win over affluent travelers, deploying an arsenal of luxurious amenities. Heated seats, ultra-high-definition screens, and sophisticated privacy doors are just the tip of the iceberg. But beneath this glossy veneer lies a sobering reality: the

The Consumer Financial Protection Bureau (CFPB) is on a collision course toward an unprecedented crisis, one that poses a severe risk to consumer welfare in America. Recent reports indicate that the agency’s current leadership, a remnant of the previous Trump administration, is planning a mass exodus of its workforce, leaving only a skeletal operation to