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In this article S ROST PLNT Follow your favorite stocksCREATE FREE ACCOUNT In an aerial view, customers leave a Planet Fitness gym on May 09, 2024 in Richmond, California. Justin Sullivan | Getty Images September started on a rough note for the U.S. stock market, with certain economic readings showing signs of weakness. Ignoring the
A Forward Air Corportation truck. Courtesy: Business Wire Company: Forward Air (FWRD) Business: Forward Air is an asset-light provider of transportation services. These transportation services include less-than-truckload (LTL), truckload and intermodal drayage services and freight brokerage and supply chain services across North America, Europe and Asia. Its segments include Expedited Freight, Intermodal and Omni Logistics.
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Unlock the US Election Countdown newsletter for free The stories that matter on money and politics in the race for the White House Bill Burns is director of the US Central Intelligence Agency, Richard Moore is chief of the UK Secret Intelligence Service Two years ago, we celebrated 75 years of partnership; 75 years since
Municipal and U.S. Treasury markets improved Friday after a weak jobs report sent investors fleeing equities in a flight-to-quality trade. While the employment report did not settle the 25 or 50 basis point rate cut argument, economists said, it did cause the UST 2s/10s to de-invert. “While stocks are selling off, we are witnessing a
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Speaking Thursday to the Economic Club of New York, former President Donald Trump proposed the creation of a U.S. sovereign wealth fund to pay for infrastructure projects. “We’ll create America’s own sovereign wealth fund to invest in great national endeavors for the benefit of all of the American people,” Trump said. “Why don’t we have
The Jackson Hospital & Clinic in Montgomery, Alabama, has named a chief restructuring officer in the aftermath of a bond payment default. Allen Wilen, partner at Eisner Advisory Group, will be the chief restructuring officer bond trustee UMB Bank, N.A., announced Thursday after the hospital failed to make a bond payment Tuesday. UMB believes there
The judge overseeing the bankruptcy for Puerto Rico’s government-owned electric utility continued a pause on litigation related to the case as the power provider and its creditors negotiate a possible debt-cutting deal. U.S. District Court Judge Laura Taylor Swain extended for an additional 30 days the litigation stay through Oct. 8 and ordered the parties
A for sale sign is displayed outside of a home for sale on August 16, 2024 in Los Angeles, California. United States real estate industry rules governing agent commissions will change on August 17 as part of a legal settlement between the National Association of Realtors and home sellers. (Photo by Patrick T. Fallon /
The employment report did not settle the 25 or 50 basis point rate cut argument, economists said, as it offered a mixed bag, with lower-than-expected jobs added and downward revisions to previous months’ numbers, while earnings grew and the unemployment rate dipped. Nonfarm payrolls rose 142,000 in August, less than the 165,000 expected, while the
Siebert Williams Shank has brought on Lori Ciraolo to further strengthen its taxable fixed-income team. Ciraolo, who spent more than 17 years at Goldman Sachs, has been hired as a senior vice president in corporate and municipal short-term securities to help expand SWS’ taxable muni franchise through commercial paper trading. “It’s a hybrid role between
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Share Tweet By Tr Goins-Phillips Editor September 5, 2024 Texas-based Pastor Ed Young believes those who think megachurches are “just too big” are hypocrites. The founder and senior pastor of the multi-site Fellowship Church in Grapevine issued the bold statement in a video shared to his Facebook page. Young’s church, for context, reported a weekly
After months of dozens of restaurant closings and headlines about endless shrimp woes, Red Lobster is poised to soon exit from Chapter 11 bankruptcy protection. A US bankruptcy judge on Thursday approved the casual seafood chains reorganization plan and sale to a lender group led by asset manager Fortress. The green light arrives under just
ATP — After another Boeing letdown, NASA isnt ready to buy more Starliner missions Boeing could earn nearly $2 billion more from NASA if it fully executes on the Starliner contract. Stephen Clark – Sep 5, 2024 10:11 pm UTC Enlarge / Boeing’s Starliner spacecraft sits atop a United Launch Alliance Atlas V rocket before
A top Wall Street dealmaker left an elite New York investment bank after his bosses found out he allegedly had an affair with a younger co-worker on his team, The Post has learned. Adam Taetle stepped down as senior managing director at Evercore — the firm founded by deep-pocketed Democratic Party operative Roger Altman —
LL Flooring, the once formidable flooring hardware competitor of Home Depot, previously known as Lumber Liquidators, is closing all its stores only weeks after filing for bankruptcy. The 30-year-old hardware store, which once operated over 400 stores in the US, said it decided to liquidate after several negotiations didn’t yield the “best offer for the
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