The record summer air travel demand in the U.S. is not translating into record profits for airlines. Despite the forecast of record demand and revenue, higher labor and operational costs have eaten into the bottom lines of carriers. Some airlines have slowed down or even halted hiring due to slower demand growth and other challenges,
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The landscape of women’s soccer ownership is rapidly changing with the increasing interest of private equity investors. Unlike other major U.S. sports leagues, such as Major League Soccer, the National Basketball Association, Major League Baseball, and the National Hockey League, where private equity investors are limited to passive, minority stakes, the National Women’s Soccer League
Constellation Brands recently reported an earnings beat that was primarily driven by the strength of its beer business. Despite this positive news, shares of the company fell by 4%, indicating that investors, including analysts, were concerned about the ongoing weaknesses in the wines and spirits segment. This disparity highlights a significant issue within the company’s
Ford announced a 1% increase in sales during the second quarter compared to the same period last year. The highlight of this growth was the impressive 5% gain in truck sales, with a total of 308,920 vehicles sold. This marks Ford’s best second-quarter performance for trucks since 2019, showcasing the brand’s strength in this category.
General Motors recently reported its best quarterly sales in over three years, with a notable increase in full-size pickup trucks and all-electric vehicles. The Detroit automaker revealed that its total sales for the second quarter reached 696,086 units, marking a 0.6% increase from the previous year. Despite this positive trend, EV sales only accounted for
Passion tourism has become a significant trend among Americans, with more and more people traveling overseas to fulfill their personal interests and hobbies. This trend has been highlighted by events such as annual Carnival festivals, total solar eclipses, major sporting events, and most recently, Taylor Swift concerts. According to travel experts, passion tourism is all
The Manhattan real estate market is currently experiencing a shift towards becoming a buyer’s market in 2024. Recent reports indicate that apartment prices have fallen while inventory has significantly increased in the second quarter of the year. The average real estate sales price in Manhattan has dropped by 3%, now standing slightly above $2 million.
The U.S. Department of the Treasury and IRS recently announced final tax reporting rules for digital asset brokers, which are set to have a significant impact on crypto investors. These regulations will introduce mandatory yearly reporting beginning in 2026, with digital currency brokers required to cover gross proceeds from sales in the previous year. The
In a time when the entertainment industry is facing unprecedented challenges, Fathom Events has managed to defy the odds by posting record revenue gains. Contrary to the struggling box office, Fathom Events, a joint venture between major theater chains AMC, Regal, and Cinemark, has been thriving. With a history of 20 years, Fathom Events has
Investors often turn to dividend-paying stocks as a way to enhance their portfolios and increase their returns. However, not all dividend stocks are created equal. It is crucial to conduct thorough research and analysis before making investment decisions. In this article, we will delve into three dividend stocks recommended by top analysts on TipRanks, examining