The company that owns the iconic luxury retailer Saks Fifth Avenue filed for bankruptcy late Tuesday. The move comes after Saks Global struggled with debt it took on to buy…
Cobalt metal prices have trended steadily higher since September of last year, entering 2026 at US$56,414 per metric ton and touching highs unseen since July 2022. The cobalt market staged…
Denmark on Monday ramped up its military presence in Greenland, deploying extra troops to the strategic Arctic territory amid escalating tensions with President Donald Trump. Local Danish broadcaster TV 2…
Here are some charts that reflect our areas of focus this week at XLU Leads with New High Even though the Utilities SPDR (XLU) cannot keep pace with the Technology…
LONDON — Wherever Nvidia CEO Jensen Huang goes, excitement follows — this time, all the way to London Tech Week. The Nvidia boss — whom Wedbush analyst Daniel Ives dubs…
Chipotle Mexican Grill is hoping that Americans’ love for ranch will boost its sales. On June 17, the burrito chain is launching Adobo Ranch, a spicier take on the iconic…
Walmart’s majority-owned fintech startup OnePay said Monday it was launching a pair of credit cards with a bank partner for customers of the world’s biggest retailer. OnePay is partnering with…
Expect the House of Representatives to make ‘technical corrections’ to President Donald Trump’s ‘big, beautiful bill’ Wednesday. But if you blink, you might miss it. Senate Republicans are now in…
Department of Homeland Security Secretary Kristi Noem took a shot at Minnesota Gov. Tim Walz for how he handled the 2020 riots in his state, claiming that the Trump administration…
The majority of House Democrats voted in favor of allowing non-citizens to participate in Washington, D.C. elections on Tuesday. The House of Representatives passed a bill led by Rep. August…
President Trump’s tariffs will remain in effect for now after a federal appeals court ruled Tuesday to pause a lower court decision that had blocked them. The U.S. Court of…
Sens. Josh Hawley, R-Mo., and Peter Welch, D-Vt., are pushing legislation that would hike the federal minimum wage to $15 per hour and provide for annual increases to account for…
Sector Rotation: A Week of Stability Amidst Market Dynamics Last week presented an intriguing scenario in our sector rotation portfolio. For the first time in recent memory, we witnessed complete…
There are a few very different setups unfolding this week that are worth a closer look: two software-related names that are struggling to reclaim their winning ways, plus one lovable…