On Tuesday morning, American Airlines experienced a significant operational hiccup that briefly grounded its domestic flights due to a technical malfunction. This incident occurred during one of the busiest travel seasons of the year, as many airlines were bracing for a surge in passenger demand driven by the upcoming holiday festivities. By 7:55 a.m. ET,
As the holiday season kicks into full gear, consumer spending is poised to soar to unprecedented levels. However, alongside this surge in sales lies a significant and growing challenge for retailers: the avalanche of returns that follows. The National Retail Federation (NRF) has dubbed January “Returnuary,” indicating that the post-holiday period will see a mountain
In a significant move, a coalition of banking institutions and commerce groups is taking legal action against the Federal Reserve regarding the annual stress testing procedures applied to banks. Spearheaded by the Bank Policy Institute (BPI), which comprises major financial players such as JPMorgan Chase, Citigroup, and Goldman Sachs, the lawsuit is also endorsed by
In the realm of holiday cinema, few films have retained their charm and cultural relevance quite like “Home Alone.” Released in 1990, the movie follows the misadventures of young Kevin McCallister, who finds himself accidentally left behind while his family jets off to Paris for Christmas. While the film is beloved for its humor and
The holiday season often brings about not just cheer, but also predictions for the year to come, particularly in the fast-evolving media and entertainment landscape. As we look ahead to 2025, insights offered by anonymous executives from some of the industry’s biggest companies reveal much about the anticipated trends and transformations shaping the future. This
The current financial environment is reshaping how millennials view retirement savings. A few years ago, Wes Bellamy, an esteemed academic in Virginia, discovered substantial growth in his 401(k) while preparing to purchase a home. His journey highlights the transformation in financial attitudes and the increasing importance of investing for the future. As the economy fluctuates
As the holiday season approaches, an imminent government shutdown is threatening to disrupt travel plans for millions of Americans. The political impasse within Congress has escalated, particularly following a failed vote on a short-term funding bill that had the backing of President-elect Donald Trump. Without a resolution by 12:01 a.m. ET this Saturday, government operations
In November, a notable uptick in the sales of previously owned homes was recorded, highlighting a 4.8% increase compared to the previous month, October. The National Association of Realtors (NAR) reported an annualized rate of 4.15 million units, marking a significant 6.1% rise from the same month last year. This surge positions November as the