When it comes to case studies around expansion and wavering tourism demand, no city has served as a better example than Austin. When the Texas capital became a relocation hotspot during the covid-19 outbreak, airlines such as American Airlines (AAL) , Virgin Atlantic, Spirit Airlines and Lufthansa all launched a spate of new flights to Austin — then canceled them when demand ebbed. … Read more
Last month, the Fed cut interest rates, which is a relief for prospective homeowners who have endured several years of rate hikes. However, since the Fed has indicated it will likely continue cutting rates this year and through the end of 2025, many buyers are left wondering when the best time to close on a house is. According to … Read more
When the longshoremen intend to close down the ports, anyone who has a cruise planned should be concerned. While cruise ships leave from docks different from the ones used to unload freight, cruise ships are serviced and stocked by working members of the International Longshoremen’s Association. After extended attempts to reach a deal, the ILA for … Read more
Transcript: Conway Gittens: I’m Conway Gittens reporting from the New York Stock Exchange. Here’s what we’re watching on TheStreet today. Geopolitics moved to center stage on Tuesday, putting pressure on U.S. stocks. Investors are focusing on reports Iran is preparing to launch an attack against Israel. That development is overshadowing upbeat economic news. Job openings picked … Read more
After several shaky months in the restaurant industry, things are starting to look up for struggling businesses. In the last two years, high inflation has prompted an increase in prices across almost every sector, leading people to become more conscious of their spending habits. Don’t miss the move: Subscribe to TheStreet’s free daily newsletter Now, … Read more
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. There are so many different types of vacuums on the market these days that it can feel nearly impossible to make a decision. It helps to narrow down what you want, … Read more
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Sectional sofas that can be modified to fit your space can often be quite expensive. However, every once in a while we find one on sale that’s just too good to … Read more
Chinese stocks have exploded upward as the government unveiled economic stimulus measures over the past week. The market has seen record trading volume, and the benchmark CSI 300 Index has skyrocketed 25% since Sept. 23 to 4,018. To be sure, that’s still more than 30% below its February 2021 record. Among popular U.S.-listed Chinese stocks, … Read more
Though some cities and metropolitan areas have robust public transportation systems that can reduce one’s dependency on the automobile, most Americans commute to and from work, run errands, and transport their children using their personal vehicles. Though cars are essential for getting around this great land, and having the latest and greatest is imperative to … Read more
After CVS Health (CVS) recently revealed in its latest earnings report that it has been struggling with shrinking profits in multiple areas of its business, the company revealed a major cost-cutting move, and it may consider making other harsh changes in the future. The pharmacy chain said that it will lay off 2,900 workers nationwide, … Read more