FedEx Poised for Major Shakeup: Freight Division Spin-Off on the Horizon
FedEx Corporation is reportedly exploring the possibility of spinning off its freight division in a strategic realignment aimed at streamlining operations, enhancing shareholder value, and allowing each entity to focus…
Pandemic Fallout: The Trillion-Dollar Debt That Won’t Go Away
Governments around the world owe a staggering $91 trillion, which is almost as much as the entire global economy. This massive debt will eventually affect people everywhere. The COVID-19 pandemic…
Beryl’s Soft Blow to Power Grid May Spark Natural Gas Price Hike
As Hurricane Beryl passes through, the anticipated widespread power outages have not materialized, with fewer people losing power than initially expected. This development could have significant implications for the natural…
Tesla’s Q2 2024 Results: A Triumph Over Skeptics of Electric Vehicles
In recent years, skepticism surrounding electric vehicles (EVs) has been widespread. Critics have pointed to various challenges such as limited range, high costs, and insufficient charging infrastructure. However, recent developments…
UPS Layoffs Surge: 12,000 Job Cuts Include 540 at Baltimore Warehouse
United Parcel Service (UPS) has announced plans to close its Baltimore County distribution warehouse, leading to the layoff of 540 workers. The company notified the Maryland Department of Labor on…
Mod Pizza Could Be the Next Chain to File for Bankruptcy
Mod Pizza’s Financial Struggles: High Interest Rates More Impactful Than Minimum Wage Hikes Popular fast-casual pizza restaurant chain Mod Pizza is reportedly preparing to file for Chapter 11 bankruptcy as…
Hurricane Beryl Approaching Texas Leads to Dip in Natural Gas Prices
As hurricane season commences this month, a forecast by NOAA at the end of May predicts an above-normal season with 17 to 25 named storms expected between June 1 and…
Dutch Bros Hot Stock Or Cold Brew
So after a block buster start to trading, Dutch Bros has underperformed. Is this a company built on smoke and mirrors or are Dutch Bro locations reverse ATMs? The bottom…
Nike Stock Plummets After Surprise Sales Forecast: Is It Time to Buy?
Nike (NYSE: NKE) shares took a significant hit following the company’s disappointing forecast for fiscal 2025. The athletic apparel and footwear giant predicted a surprising sales decline, causing its stock…
American Wage Growth Hits New Lows as Job Market Cools
Pay increases for American workers have continued to decline from the highs reached during the post-pandemic reopening, affecting both those staying in the same job and those finding new positions.…