Biden to deliver State of the Union address amid high inflation and divided Congress that threaten to derail economy
Key indicators such as unemployment and GDP show robust growth, but inflation is still high and the Fed hiked interest rates eight times in the last year.
FAA proposes more than $1 million fine on United Airlines over preflight safety checks
The FAA proposed a more than $1.1 million penalty against United Airlines over an alleged safety check issue.
Trump appeals nearly $1 million in sanctions for ‘frivolous’ suit he filed against Hillary Clinton
Trump had filed lawsuits against Hillary Clinton and New York Attorney General Letitia James in Florida federal court.
35% of millionaires say retirement is ‘going to take a miracle,’ report finds
Fewer Americans, including millionaires, feel confident about their overall financial well-being.
Bernstein upgrades Diageo, says spirits giant can rally nearly 30%
Bernstein upgraded Diageo shares to overperform. Despite looming macro headwinds, the bank believes the company has long-term growth potential.
Morgan Stanley says Disney can surge 35% as a strong consumer drives park revenue
Morgan Stanley analyst Benjamin Swinburne reiterated his overweight rating for Disney, predicting an upside of 35% in a bullish scenario.
Elon Musk says Twitter is ‘trending to breakeven’ after near bankruptcy
Elon Musk tweeted Sunday that the last few months have been “extremely tough,” but said that Twitter is “now trending to break even.”
Amid food inflation, more shoppers turn to dollar stores for groceries
Rising food costs are pushing consumers to get more creative about where they go for groceries.
Democrats make South Carolina first presidential primary voting state
The Democratic National Committee on Saturday officially ratified President Joe Biden’s recommendation for the 2024 calendar.
2016 Trump campaign in $450,000 lawsuit settlement voids worker non-disclosure pacts
The settlement comes as former President Donald Trump is running for the 2024 presidential nomination, which could set up a rematch with President Joe Biden.
