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Economy
Grim retail sales suggest possible recession for Britain
Shoppers walk past shops on Regent Street on the final weekday before Christmas in London on December 22, 2023.Henry Nicholls | Afp | Getty ImagesU.K. retail sales dropped…
Biden administration to forgive $4.9 billion in student debt for 73,600 borrowers
US President Joe Biden speaks at Abbotts Creek Community Center during an event to promote his economic agenda in Raleigh, North Carolina, on January 18, 2024. Saul Loeb | AFP |…
Sweetgreen wants to be the ‘McDonald’s of its generation.’ This rival salad chain could beat it
The drive-thru entrance to a Salad and Go location.Source: Salad and GoWhen Sweetgreen went public two years ago, co-founder and CEO Jonathan Neman said the salad chain aspired to…
Spirit jumps 17% after raising fourth-quarter forecast, plans to refinance debt
Spirit Airlines jetliners on the tarmac at Fort Lauderdale Hollywood International Airport. (Joe Cavaretta/South Florida Sun Sentinel/Tribune News Service via Getty Images)Joe…
Saudi Arabia’s soccer dream suffers a setback with high-profile departure
Jordan Henderson acknowledges the crowd after the Saudi Pro League match between Al-Ettifaq and Damak at Prince Mohamed bin Fahd Stadium on Sept. 2, 2023 in Ad Dammam, Saudi…
Stocks making the biggest moves premarket: Spirit Airlines, Nvidia, Wayfair and more
Check out the companies making headlines before the bell. Wayfair — Shares of the digital home goods retailer surged nearly 12% premarket after the company said it will lay off 13%…
A 12% retirement return assumption is ‘absolutely nuts,’ expert says. Here’s a realistic rate to…
GlobalStock | Getty ImagesWhen you invest toward retirement, experts often like to say you are letting your money work for you. But how much can you realistically expect to earn on…
Jim Cramer’s top 10 things to watch in the stock market Friday
My top 10 things to watch Friday, Jan. 19 1. Stock futures were up Friday, coming off a strong session of gains Thursday led by the tech sector. The S & P 500 and Nasdaq are…
December home sales slump to close out worst year since 1995
A delivery man delivers packages in a Los Angeles neighborhood on January 17, 2024. Frederic J. Brown | AFP | Getty ImagesSales of previously owned homes fell 1% in December…
Consumer sentiment surges while inflation outlook dips, University of Michigan survey shows
An employer representative at a Veteran Employment and Resource Fair in Long Beach, California, on Jan. 9, 2024.Eric Thayer | Bloomberg | Getty ImagesConsumers have grown more…