It’s safe to say that inflation in the U.S. this year felt a lot like a game of whack-a-mole. Just as one pressure point starts to ease, another pops up somewhere else. The turnaround many had hoped for never arrived. Instead, the Fed’s preferred inflation gauge, PCE, rose to 4.1% in May from 2.9% in
Palantir posted the highest revenue growth rate in its history in the first quarter of fiscal year 2026. U.S. commercial revenue jumped 133%. The company raised its full-year guidance by 10 points. By any operational measure, things are going well. And yet Alex Karp walked onto CNBC’s Squawk Box and started criticizing the entire foundation
A quiet transformation is happening inside America’s largest corporations. And actually, most people have no idea it is occurring. The pension funds and 401(k) plans covering millions of American workers are increasingly being handed over to Wall Street‘s elite firms to manage. Why? It’s like the companies sponsoring those plans no longer believe they can
Wall Street has spent most of 2026 losing patience with Mattel (MAT), and Goldman Sachs just made that clear. The firm downgraded the toy giant to its lowest rating and set a price target below where the stock currently trades. For the company behind Barbie and Hot Wheels, this is a tough verdict. The call
As equity markets continue to set new records, conventional wisdom would suggest a more aggressive approach from leading investors. Warren Buffett did the opposite, and the sheer scale of his three-year equity retreat is becoming impossible for investors to ignore. Before stepping down as Berkshire Hathaway’s chief executive at the end of 2025, Buffett was
Borrowing money is not a crisis by itself. Households do it for homes and cars, and governments do it to fund wars, recessions, and long stretches of ordinary spending. The trouble starts when the interest on that borrowing grows faster than everything else. For most of modern history, the United States could carry a large
For years, Frontier Airlines (ULCC) chased Spirit Airlines. Frontier tried to buy Spirit in 2022, lost toJetBlue, then circled back for a second attempt that also fell apart. Now Frontier can get the prize without the purchase. Spirit ceased all operations on May 2, 2026, ending a 33-year run as America’s original ultra-low-cost carrier. Spirit’s
Someone on X (the former Twitter) was criticizing the deal Anthropic struck with SpaceX to use its Colossus data centers. The argument was that handing $45 billion to SpaceX through May 2029 could be a massive unforced error, potentially letting xAI drain Anthropic’s token traffic and leaving Claude as a niche product for premium tasks.
PepsiCo spent February cutting prices. Lay’s, Doritos, Cheetos, and Tostitos are all down 15%. The company needed American shoppers to start buying snacks again, and cheaper prices seemed like the obvious way to get them back. It didn’t really work. And when CEO Ramon Laguarta got on the Q2 earnings call on July 9, he
Wall Street just sent a clear signal to income investors who count on AT&T for steady payouts. Morgan Stanley slashed its price target on the telecom giant, and the reason has little to do with AT&T’s (T) own performance. The real threat is coming from space. Elon Musk‘s Starlink satellite network is growing fast enough