A Home Depot executive has suggested that Americans might soon come to terms with elevated mortgage rates as “the new normal” and continue investing in housing regardless. This […]
Stock Market on Feb. 25, 2025: Dow Gains While S&P 500 and Nasdaq Slide Amid Tariff Fears and Weak Consumer Confidence
On February 25, 2025, the Dow Jones Industrial Average closed up by 160 points, while the S&P 500 and Nasdaq Composite continued their downward trend for the fourth […]
Lucid CEO steps down; EV maker plans to more than double production in 2025
Lucid Group announced on Tuesday that CEO Peter Rawlinson is stepping down as the electric vehicle manufacturer aims to more than double its production to 20,000 units in […]
‘It’s really sad’: Utahns react to craft giant Joann closing all its stores
SALT LAKE CITY — Annette Malen, a long-time customer of Joann, expressed her sadness over the closure of the fabric and craft retailer’s stores. Joann, which has been […]
US egg producers see profits soar as bird flu crisis rages
The bird flu crisis has led to a significant increase in egg prices in the U.S., with a 15% reduction in laying hens resulting in a 56% price […]
AMC Entertainment Holdings, Inc. Reports Fourth Quarter and Full Year 2024 Results
LEAWOOD, Kan.–(BUSINESS WIRE)– AMC Entertainment Holdings, Inc. (NYSE: AMC) has announced its financial results for the fourth quarter and full year ending December 31, 2024. These results are […]
Musk’s Approach Sparks Division in White House and Trump’s Circle
Elon Musk’s recent actions in the federal government have created division within the White House and among President Donald Trump’s closest advisers. Musk’s unexpected email demanding federal employees […]
Joann, 80-Year-Old Crafts and Fabrics Retailer, Will Close All Stores
Joann, the 80-year-old crafts and fabrics retailer, is set to close all its stores across the United States. This decision comes just one month after the company filed […]
Southwest Airlines flight abruptly rises to avoid another plane crossing runway
A Southwest Airlines flight attempting to land at Chicago’s Midway Airport had to ascend suddenly to avoid a business jet crossing the runway. Airport webcam footage showed the […]
Lucid (LCID) expects EV output to double in 2025 as the Gravity SUV rolls out
Lucid Motors (LCID), an electric vehicle (EV) startup, released its fourth-quarter earnings, surpassing expectations and projecting significant growth for 2025. The company anticipates producing approximately 20,000 EVs this […]