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“The shape of the U.S. equity market has undergone a massive change over just the last few years,” says BlackRock’s Rachel Aguirre.

Embattled discount airline Spirit Airlines Inc. on Thursday said it would cut staff, scale back flight coverage and sell jets as it seeks a lifeline following its failed merger with JetBlue Airways Corp. earlier this year.

A federal judge on Thursday blocked Tapestry Inc.’s planned $8.5 billion acquisition of Capri Holdings, agreeing with regulators that the deal would hurt competition in the handbag industry.

Mohawk Industries’ product mix has been hit by consumers trading down and by new construction outpacing higher-value remodeling.

Deckers Outdoor also guided for a 12% sales increase for fiscal 2025.

Strategies including small caps, gold, AI and nuclear energy come into play.

With just 12 days left in a tight presidential race, all sorts of prediction models are getting attention. Oxford Economics offered two financially-focused models on Thursday,

Shares of Phunware Inc. were down more than 35% after the retirement of Chief Executive Mike Snavely from the mobile-advertising company.

There was a boon in companies going public via special-purpose acquisition companies in 2020 and 2021. Since then, not so much.

The downside of Medicare Advantage is that you are dependent for your health-insurance coverage on an organization that has powerful economic incentives not to pay.

Palladium futures rallied Thursday to their highest price of the year, buoyed by the suggestion of sanctions on exports of the metal from Russia, which is the world’s largest exporter.

Adversaries of the United States “are clearly talking about dismantling the system,” the JPMorgan Chase CEO notes.