Southwest Airlines leaves rivals flat-footed as bankrupt carrier folds

Southwest Airlines has spent the past year and a half rebuilding its business from the ground up.  Now that work is colliding with a once-in-a-generation opening: the collapse of Spirit Airlines. And based on new research from Morgan Stanley, Southwest Airlines (LUV) planned for this moment long before its rivals even saw it coming. Morgan […]

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Bill Ackman reveals why he still likes Alphabet, Amazon, and Meta stocks

Billionaire Bill Ackman isn’t backing away from Big Tech at a point when Wall Street questions how much money the industry is pouring into AI. During a Forbes Iconoclast sit-down, Ackman discussed his IPO, Howard Hughes plan, and Big Tech-heavy portfolio. The surprising comments at a point when the AI trade enters a far more

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Social Security 2027 COLA data collection is happening right now

The three-month period that will determine the 2027 Social Security cost-of-living adjustment began this week, with unusually high stakes surrounding next year’s benefit increase. Two widely followed forecasters have published early projections for next year’s cost-of-living adjustment, and their estimates sit nearly a full percentage point apart, CNBC reported. For about 75 million Americans collecting

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