The distilled spirits industry faced a challenging year in 2025, as spirits supplier sales declined by 2.2% to $36.4 billion, according to the Distilled Spirits Council of the United States. The decline in sales has led to distillery closings and bankruptcy filings in certain cases. Industry leaders, however, put on a brave face, despite a drop […]
Award-winning vodka and whiskey brand files Chapter 11 bankruptcy Read More »
Cathie Wood, head of Ark Investment Management, was relatively quiet this week, even as the S&P 500 rallied about 4.5% over the past five days. Wood made no trades on Tuesday, April 14, and Wednesday, April 15, and sold some shares of two medical stocks on Monday, April 13, and Thursday, April 16. But on
Cathie Wood buys $2.5 million of tumbling megacap stock Read More »
The sooner the Iran War ends, the sooner the Federal Reserve can consider cutting interest rates — something the central bank and traders had expected at the beginning of the year. Fed officials have been preaching caution about the impact of oil spikes, inflation and tariffs on the U.S. economy since the conflict began at
Top Fed officials rethink rate cuts as peace talks begin Read More »
The Strait of Hormuz just got a little less scary. Gold liked what it heard. Spot gold rose approximately 1.0% to $4,838.50 an ounce on April 17 after Iran’s foreign ministry declared the Strait “completely open for the remaining period of ceasefire” for all commercial vessels, according to BullionVault. U.S. gold futures settled 1.5% higher
Gold surges on Hormuz news: Here’s what comes next Read More »
In the spring of 2025, United Airlines began adding Starlink to some of its regional jets in a massive partnership that will eventually see it roll out the Wi-Fi technology to its entire fleet of nearly 1,100 planes. As of April 2026, passengers planes equipped with Starlink can get access to free Wi-Fi by logging
United Airlines quietly cuts free perk Read More »
San Francisco is facing growing pressure from businesses as they step away from the city. Once the center of the tech boom, the city is seeing a steady wave of companies scaling back or leaving altogether, driven by high costs, shifting workplace dynamics, and a struggling office market. From Pfizer, which recently closed its research
E-commerce giant shuts down office as layoffs rise Read More »
As a 20-year Costco member, I’ve seen my fair share of products rotate in and out of the store. And while I love the savings on groceries and everyday items I get as a member, I’m equally appreciative of the store’s ever-changing inventory. Of course, sometimes, those changes can backfire. Through the years, I’ve had
Costco just made a household staple even better Read More »
McDonald’s knows its customers want value, and it also knows they want burgers. Delivering both of those has become a challenge, given the rising cost of beef. That’s partially because the American cattle herd is at its smallest size in 75 years, the Associated Press (AP) reported. “The national herd size isn’t the only factor
Rising beef prices push McDonald’s toward bigger, better burgers Read More »
A quiet change has been reshaping how trillions of dollars flow through American markets, and Citigroup just attached a large new number to it. The shift is not obvious on any price chart, but it is showing up in fund flow data across nearly every month of 2026. Wall Street firms are repositioning product shelves,
Citi signals a seismic shift brewing in ETFs Read More »
Broadcast Retirement Network’s Jeffrey Snyder discusses state efforts to regulate personal privacy and data security with the National Association of State Chief Investment Officer’s Amy Glasscock. Jeffrey Snyder, Broadcast Retirement Network Joining me now is Amy Glasscock from the National Association of Chief Information Officers or CIO. Amy, so great to meet you. Thanks for
More States are Taking Privacy Seriously, but the Work isn’t done Read More »
