‘This is to gain control of the most powerful agency in government’: A look at Treasury Secretary Bessent’s essay against the Fed

Bessent wants to set up an independent review that would result in a much smaller central bank. Source link

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Lululemon’s style refresh is met with Wall Street skepticism. ‘It’s going to get worse,’ analyst says.

The retailer’s gym- and yoga-clothing revamp isn’t expected to take hold until the spring of 2026 or later — and its shares are on pace for their lowest close in…

Continue ReadingLululemon’s style refresh is met with Wall Street skepticism. ‘It’s going to get worse,’ analyst says.

OPEC+ meets this weekend at a precarious time for crude oil. Here’s what’s at stake.

The market has a lot to contend with as OPEC+ considers a second round of production hikes this weekend, against an economic and geopolitical backdrop that’s dimmed prospects for demand…

Continue ReadingOPEC+ meets this weekend at a precarious time for crude oil. Here’s what’s at stake.

How you can still get a refund for a delayed or canceled flight even as Trump scraps Biden’s airline compensation proposal

The Trump administration this week said it will reverse plans to require airlines to compensate passengers for lengthy delays and cancellations, a move consumer advocates say is likely the first…

Continue ReadingHow you can still get a refund for a delayed or canceled flight even as Trump scraps Biden’s airline compensation proposal