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After more than a year of speculation about whether Spirit Airlines could come out of two bankruptcies with a last-minute Hail Mary, the skyrocketing price of jet fuel ended up dealing the final blow to the beleaguered low-cost airline. In the earliest hours of May 2, the Spirit Airlines website was changed to state that […]

The contentious clash of divergent opinions on the Federal Reserve’s outlook on short-term interest rates has clarified with three regional bank presidents zeroing in on increasing uncertainty about the Iran war’s impact on inflation. Fed watchers agree that the hawkish tea leaves spilling out of the central bank’s April 28-29 meeting indicate the dissenters do

Caterpillar shares have already had a strong run, and BofA Securities sees more upside ahead as the company benefits from power generation demand, a record backlog, and a broader recovery across parts of its machinery portfolio. BofA reiterated its Buy rating on Caterpillar and raised its price objective to $989 from $930, according to a

Meta Platforms (META) delivered a quarter that most businesses would be happy to take. For perspective, Meta posted its Q1 earnings report on April 29, 2026, covering the quarter ended March 31, 2026. The headline numbers impressed, delivering another double beat, with operating income coming in much stronger than expected.  Unfortunately for the social media

Home improvement and hardware stores have faced economic issues in the last year that have led to store closings and bankruptcy filings. Most recently, a couple of major home improvement product providers in the kitchen and bath industry have filed for bankruptcy, with major retail chain Wren Kitchens shutting down all operations and filing for

You know the old script. Work hard in school, get into a decent college, keep your grades up, then walk into a respectable first job that lets you move out, pay your bills, and start building a life. That story has not matched reality for a lot of recent graduates. Global entry-level job postings have

Sometimes, it feels like all housing market news is bad news. Mortgage rates are up, and they don’t show signs of falling. Home affordability is an ongoing issue. It takes years to save for a down payment. So, as someone who reports on mortgages and real estate, it feels like a breath of fresh air

Chapter 11 bankruptcy allows a retailer or restaurant operator to shed bad leases, make deals with vendors, and either extend or negotiate down some of its debts. A filing, however, cannot address underlying demand problems. In some cases, shedding debt and closing underperforming locations leads to a healthier business. In other cases, however, a company

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Coach Outlet’s cow print makes a comeback Animal prints have been around in fashion for years, bringing a western-inspired touch to apparel, accessories, and footwear. But one pattern that’s as popular