Sneaker chain files for Chapter 11 bankruptcy

Sneakers have become a collector’s item and a fashion statement. Limited-edition releases and a robust resale market have helped turn sneaker collecting into a multibillion-dollar secondary market, creating demand for specialty retailers that cater to collectors as well as traditional shoppers. It’s no longer just people who need sneakers, or even athletes looking for a […]

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Nvidia and Apple may solve AI investors’ biggest worry

The artificial intelligence trade is not falling apart. Demand is growing. After a spectacular first-half advance in chip and memory stocks, investors are starting to distinguish companies that gain from AI investing from those that can develop without bearing the brunt of the spending. That’s why it’s worth hearing from Victoria Greene, chief investment officer

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Morgan Stanley says stock market rally faces $1.2 trillion question 

Investors came into July expecting a familiar stock market setup leaning on resilient earnings and AI spending, along with a seasonal stretch favoring equities. Though Morgan Stanley doesn’t feel that setup has gone away, it warns of a much narrower margin for error. There’s a major $1.2 trillion question hanging over Big Tech’s AI buildout.

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Home Depot rolls out new rewards offers as customers pull back

More U.S. consumers are relying on rewards programs to save money amid economic uncertainty, and Home Depot is leaning further into this trend by expanding its rewards to win back customers.  According to a recent survey from LoyaltyLion, 90% of consumers said being enrolled in a loyalty program makes them repeat purchases from that brand. 

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T-Mobile puts new limits on 2 wireless offers for customers

T-Mobile is restricting access to two wireless promotions following several recent changes affecting customer savings.  Last week, T-Mobile warned customers that it is retiring multiple older phone plans, including Magenta, Simple Choice, and ONE, over the next few weeks. The change will move customers on those older plans to newer ones, such as those from

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July 1 Student Loan Changes Seek to Eliminate Confusion

Mark Kantrowitz, a student-loan expert breaks down the major July 1 changes to loan limits and repayment plans, explains who’s most affected, and shares practical strategies for students and parents to choose schools and majors they can realistically afford to repay. Jeffrey Snyder, Broadcast Retirement Network Well, we’re gonna welcome back to the show, Mark

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