Business

Business
Business

Alaska Airlines exits one entire international market

More than 6,500 miles from the West Coast in the southwestern Pacific Ocean, New Zealand is, for many, a dream holiday destination, due to both its striking natural beauty and the cost and time commitment required for those visiting from North America. Along with flag carrier Air New Zealand, United Airlines, American Airlines and Delta

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Business

Citi revamps Apple’s stock price target for the rest of 2026

On June 25, Apple told the market it was raising prices on MacBooks, iPads, and other devices to cover the cost of a global memory chip shortage. The stock fell sharply that day, wiping out everything it had gained year to date. For a company that had been on a strong run, it was a

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Business

McDonald’s builds its new menu around a flavor it never sold

McDonald’s has spent the past year quietly expanding its menu through regional tests, limited-time offerings, and new chicken concepts. Now, the company’s latest moves offer one of the clearest signs yet of how its menu strategy is evolving. The latest rollout reflects changing consumer tastes while reinforcing McDonald’s broader push to strengthen its position in

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Business

372 large US bankruptcies get unexpected credit market response

Through the first six months of 2026, 372 larger U.S. companies filed for bankruptcy protection, the highest first-half total since 2010, S&P Global Market Intelligence reported. Yet the bond market barely flinched, and a growing pool of private capital moved toward the wreckage with open checkbooks rather than clenched fists. Distressed-debt investors are treating the

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Business

IBM warning sends software and consulting stock prices reeling

IBM shares crashed toward their worst single trading day in nearly four decades on Tuesday, July 14, after CEO Arvind Krishna told investors the company’s second quarter fell short of what Wall Street expected. Within hours of that warning, one bank cut its price target and told clients to consider buying a basket of IBM’s

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Business

Morgan Stanley: Broadcom bears are wrong about Google TPU

Broadcom shares climbed Tuesday, July 14, 2026, after Morgan Stanley published one of its most forceful defenses yet of the company’s position in artificial intelligence chips. The relief looks fragile. The stock is still down sharply from the record high it set barely six weeks earlier, and this year’s gain has trailed the rest of

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Business

Goldman Sachs drops new warning on interest rate hikes

Stock market investors are heading into CPI week with a familiar playbook. The hope is that inflation cools off further and the Fed stays on hold, with robust earnings taking over as the next driver of the S&P 500. For perspective, the S&P 500 recently traded near 7,575, up about 10.7% year to date, according

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Business

Fed’s Waller issues stark warning on inflation, interest rates

Let’s hope the Federal Reserve learned a mighty big lesson from the pandemic-era economic debacle that emerged when the U.S. central bank delayed raising interest rates to tame soaring inflation. Otherwise, history is doomed to be repeated.  And that means the relatively resilient U.S. economy could be at risk of creating another fine mess if

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Business

Major AI chip stock plunges after blockbuster $26.5 billion Nasdaq debut

One of the companies powering the global artificial intelligence boom has opened a new door for U.S. investors. SK Hynix, a South Korean semiconductor manufacturer that produces memory chips used in AI servers, smartphones, computers, vehicles, and other electronic devices, made headlines after its Nasdaq debut on July 10, 2026. The company is especially important

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Business

Massive AI spending has unexpected effect on U.S. inflation

Most economic indicators show that the explosion in artificial intelligence infrastructure spending is having a positive effect on the U.S economy. U.S. gross domestic product rose at an annual rate of 2% between January and March, according to the Bureau of Economic Analysis. While that was below economists’ expectations, it was a significant improvement from

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