KeyBanc downgrades Airbnb, says travel demand will ease after pandemic recovery
Analyst Justin Patterson expects a near-term peak in margins and slowing revenue growth will hurt the vacation rental company.
Macy’s will open up to 30 stores, as department store looks to strip malls as key part of its future
The department store operator’s off-mall expansion is one of its key growth strategies.
The $8 billion Sam Bankman-Fried criminal trial starts today — here’s what’s at stake and how we got here
Sam Bankman-Fried’s criminal trial kicks off with jury selection in New York on Tuesday morning.
Rep. Matt Gaetz triggers vote to oust Kevin McCarthy from speaker’s office
Gaetz, a Florida Republican, is a conservative bomb thrower and top Trump ally on Capitol Hill.
It’s ‘really the Google web’: Microsoft CEO testifies about how hard it is to break into search
Microsoft CEO Satya Nadella testified about competing with Google in digital search during the federal antitrust trial against Google in Washington, D.C.
Climate change could impose ‘substantial financial costs’ on U.S. household finances, Treasury warns
Between 2018 and 2022, weather and climate disasters cost more than $617 billion in the U.S., a Treasury Department report found.
Kaiser Permanente union workers poised to strike after contract expires
The workers’ contract with Kaiser Permanente expired Saturday with disagreements still simmering over staffing levels.
Sen. Durbin renews call for a Supreme Court code of conduct amid ethics concerns
The Supreme Court has been under scrutiny this year because of reports about justices including Clarence Thomas receiving benefits without disclosing them.
October is known for big drawdowns and charts suggest a ‘capitulation event’ is likely, says Bank of America
The bank’s Stephen Suttmeier expects there’s more downside risk for the S&P 500 in what has historically been a choppy month for stocks.
