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N Team

33 restaurant chains closed 10% or more of their locations in 2025

While big chains like Denny’s, Hooters, Red Lobster, and TGI Friday’s commanded the headlines, 33 chains closed 10% or more of their locations in 2025, according to Technomic data shared with Nation’s Restaurant News (NRN). That’s less than the 75 that closed more than 10% during 2020, but if you factor out that pandemic-impacted year, […]

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Bank of America gives stock market investors a summer reality check 

Investors spent much of 2026 treating virtually every stock market wobble as a chance to pounce. Bank of America is not so sure the next one will be that simple. According to TheFly, following a sharp first-half rally that pushed the S&P 500 near the bank’s more aggressive upside levels, the firm’s technical team is

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J.P. Morgan unleashes $50 billion buyback after stress test

The annual stress test modeled a sharp economic shock, including steep declines in commercial real estate and home prices, with unemployment surging to 10%, the Fed detailed in its results. All 32 of the nation’s largest banks survived the hypothetical downturn, absorbing more than $708 billion in projected losses while maintaining minimum capital levels. Within

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Stubborn 6.5% mortgage rates cause stunning housing market change

As mortgage rates have remained consistently high since the middle of May, attention in the housing market continues to focus on the affordability crisis that began in 2022, as post-pandemic inflation became the primary focus of federal monetary policy. For homebuyers and sellers, that means business continues to be sluggish as the average person’s finances

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Anthropic restores access to Mythos 5 for select organizations

On June 12, Commerce Secretary Howard Lutnick sent Anthropic a letter giving the company 90 minutes to disable two of its most powerful AI models for every customer it had, anywhere in the world. Anthropic confirmed it complied. Two weeks of negotiations in Washington followed. On June 26, Lutnick sent Anthropic another letter. Anthropic confirmed

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