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Investors expected a much simpler economy by now. Inflation was expected to keep easing, consumers were expected to bend under higher prices, and the next big Fed debate was supposed to be about when rate cuts could begin. However, Bank of America isn’t telling that story. The bank sees an economy that still has enough […]

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Summer fun is all about trying new things. For some people, that may mean trying a new wardrobe or skincare routine. Others, though, may take a more athletic approach to summertime

Berkshire Hathaway’s cash and short-term Treasury bill holdings reached a record $397.4 billion at the end of the first quarter of 2026, the highest liquid reserve in its history, according to Berkshire’s first-quarter 10-Q filing. The capital is producing significant income, with annualized interest earnings approaching $12 billion as government securities continue to deliver yields

SpaceX (SPCX) didn’t enter the market quietly. Its blockbuster debut has instantly made it one of the most-watched companies on Wall Street, with investors chasing a rare public-market play on rockets, satellites, Starlink, and Elon Musk’s next frontier. The first major analyst calls are landing after the 25-day IPO quiet period, and Goldman Sachs’ hot

Valued at a market cap of $118 billion, Lockheed Martin is among the largest defense companies globally.  The defense manufacturer is buying its way deeper into undersea warfare, a corner of the military business that has quietly become one of the most valuable in the world.  The timing of the deal is notable, given that

Last year, the U.S. government allowed the $7,500 tax credit for new electric vehicles and the $4,000 credit for used ones to expire at the end of September, leading to an inflated buying rush through the first three quarters of the year, followed by a dramatic drop-off in the final quarter. U.S. EV market share

Americans collectively owed $1.252 trillion in credit card debt at the end of the first quarter of 2026, according to the Federal Reserve Bank of New York’s Quarterly Report on Household Debt and Credit, released May 12. The numbers reveal how families are covering the widening gap between income and expenses, and why revolving interest

A plant closure not only changes a company’s manufacturing map but also reshapes the local job picture in a single city, especially when the facility has operated as part of a larger food or beverage production network. TheStreet has reported pressure across several industries, from food manufacturers and meat processors to distributors and logistics companies,

Tesla has spent months pushing employees to use artificial intelligence as aggressively as possible. The company was tracking which engineers consumed the most compute, running internal promotions, and encouraging staff to experiment freely with AI tools. Leadership sent company-wide emails urging workers to try new platforms. Starting July 6, Tesla is capping each employee’s spending

Convenience store chains command customer loyalty, and sometimes cult-like followings, on a local and regional level. While 7-Eleven has built a national brand, even major regional players such as Wawa, Sheetz, and RaceTrac inspire fierce loyalty in their home markets but remain far less recognizable nationally. Despite rising price sensitivity at the pump, both consumers