Between the significant changes in how travelers book trips and consumers who are watching discretionary spending more carefully, it is proving to be a particularly tough time to run a travel agency. Travel companies that collapsed in bankruptcy over the last year include British firms Great Little Escapes and Jetline, Swedish travel company MixxTravel and French
Chevron (CVX) is no longer just another oil stock. Right now, in the current climate, it is being treated like a safe-haven trade in a very jumpy energy market. That helps explain why the stock is galloping along at such an excellent pace. Since late February, oil prices have risen sharply as the conflict in
Gold’s steep pullback of late looks like a warning sign, but the broader picture hasn’t changed much. In fact, according to Saxo Bank’s head of commodity strategy, Ole Hansen, a massive long-term tailwind is hiding in plain sight, linked to the ballooning U.S. national debt. Of late, we’ve seen the shiny yellow metal under pressure
When it comes to skin routines, I am one of those people who doesn’t easily switch cosmetic brands. I have very sensitive, dry skin, so I don’t like experimenting. However, as with many other consumers, price and availability play a key role in my beauty habits. That’s why I have “backup” brands I turn to
Rivian isn’t out of the woods yet, but the startup electric vehicle manufacturer is on the right path following its recent partnership with Uber, according to a new note from analysts at JPMorgan. Last week, on March 19, Rivian and Uber announced a partnership in which Uber will invest up to $1.25 billion in Rivian and deploy
Tax refunds are running bigger than usual this year, and millions of Americans are about to receive checks that are several hundred dollars heavier than last year’s. The question is not whether the money is coming. The question is what to do with it when it arrives. As of March 13, the average refund stood
It doesn’t happen often. A 100-year-old machinery company doesn’t usually double in a year. But Caterpillar isn’t your grandfather’s tractor maker anymore, at least not entirely. The dividend stock has surged roughly 100% over the past 12 months, making it one of the best performers in the Dow Jones Industrial Average. And while the big
LaGuardia Airport (LGA) closed for post-crash investigations after an Air Canada passenger plane collided with a fire truck on the tarmac of the airport in the last minutes of March 22. The fatal crash took the lives of the pilot and first officer operating the flight and resulted in dozens of injuries of varying degrees
Following the fatal collision between an Air Canada Express passenger plane and a fire truck at LaGuardia Airport (LGA) in the late hours of March 22, the family of Antoine Forest identified him as one of the two pilots killed aboard the flight. The Bombardier CRJ-900 plane departed from Montreal’s Trudeau International Airport (YUL) and had
Apple (AAPL) stock has lost about 7% year to date, at the time of writing, Monday afternoon, March 23, according to Yahoo Finance. Meanwhile, the SPDR S&P 500 index (SPY) is down about 3.82% in the same period. The stock is lagging behind the S&P 500, which isn’t doing great either, and is not much