Tourists stranded after travel agency files for bankruptcy and cancels all trips

While numerous airlines did not survive the spike in gas prices over the Iran war, running a travel agency is an even tougher business given the double whammy of rising operating costs and the ease with which travelers can book their own trips online. Particularly in the United Kingdom, the domino effect has reached a […]

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JPMorgan, big banks seek to unlock value in struggling payments stock

A debit-card network is not usually the kind of asset that gets Wall Street excited. That may be changing. Major U.S. banks have been exploring whether to buy a debit-card payments network owned by Fiserv (FISV), Reuters reported, citing a source familiar with the matter. The Wall Street Journal first reported the talks. Fiserv shares

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Fertilizer, Fuel, and Beef: How Costs Ripple Through Grocery Prices

Texas A&M University’s David Anderson discusses the USDA’s 18-month forecast. Grocery prices are likely to stay higher, largely because food and energy costs have outsized influence and can be harder to predict. The discussion emphasizes that forecasts aren’t magic—major shocks like drought, animal disease outbreaks (such as avian influenza), or energy price spikes can shift

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Broadcom extends Apple chip deal through 2031

Broadcom Inc. (AVGO) just extended its chip supply agreement with Apple through 2031, according to a regulatory filing reported by Bloomberg. This partnership is not a new development. Apple and Broadcom have a long-standing supply relationship and previously made headlines back in 2023 when Apple announced a multi-billion-dollar deal to secure U.S.-manufactured 5G components. This

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