Spirit Airlines Files for Chapter 11 Bankruptcy for the Second Time in Less Than a Year On August 29, 2025, Spirit Airlines, the ultra-low-cost U.S. carrier known for its bright yellow planes and no-frills service, filed for Chapter 11 bankruptcy protection for the second time in under a year. This filing comes just five months … Read more
Others Likely to Follow Caterpillar’s Tariff-Cost Warning as Prices Rise New York, NY – August 30, 2025 – Caterpillar Inc., the world’s leading manufacturer of construction and mining equipment, has escalated its forecast for tariff-related costs in 2025 to as much as $1.8 billion, up from a previous estimate of $1.5 billion. The announcement, made … Read more
Marvell Technology Stock Plummets 16% After Disappointing Data Center Revenue and Forecast Santa Clara, CA – August 30, 2025, Marvell Technology, Inc. (NASDAQ: MRVL) saw its stock plunge 16% on Friday, August 29, 2025, following a second-quarter earnings report that revealed underwhelming data center revenue and a lackluster forecast for the fiscal third quarter. The … Read more
At 57, with $8,000 in your 401(k) and $17,000 in your IRA, you’re starting with a modest retirement nest egg, but it’s not too late to improve your financial outlook. While building substantial savings in the time remaining before retirement (typically age 65–67) is challenging, strategic actions can significantly enhance your situation. Below, we outline … Read more
Washington, D.C. – August 29, 2025 – The U.S. Bureau of Economic Analysis reported Friday that core Personal Consumption Expenditures (PCE) inflation climbed to 2.9% in July 2025, marking the highest annual rate since February and signaling persistent price pressures despite the Federal Reserve’s recent rate cuts. The headline PCE index rose 2.6% year-over-year, aligning … Read more
Nvidia’s Top Two Mystery Customers Account for 39% of Q2 Revenue, Raising Concerns Over Client Concentration Santa Clara, California – August 29, 2025 – Nvidia Corporation (NASDAQ: NVDA), the dominant force in AI chip technology, disclosed in its latest SEC filing that two unnamed direct customers—referred to as “Customer A” and “Customer B”—accounted for a … Read more
Certainly! Marvell Technology’s recent earnings report has disappointed investors despite showing strong growth, primarily due to exceptionally high expectations in the artificial intelligence (AI) sector. Here’s a detailed analysis of the situation: 📉 Earnings Overview and Market Reaction 🤖 AI Performance and Shortfalls ⚙️ Supply and Segment Challenges 📊 Comparative Context 💎 Conclusion: Why the … Read more
Lisa Cook’s Lawsuit Against Trump Skirts Mortgage Fraud Allegation Federal Reserve Governor Lisa D. Cook, the first Black woman to serve on the Fed’s Board of Governors, is preparing to file a lawsuit challenging President Donald Trump’s August 25, 2025, attempt to remove her from her position, citing unproven allegations of mortgage fraud. The lawsuit, … Read more
Owning ATM machines can be a profitable venture in 2025, offering a semi-passive income stream through surcharge fees on transactions. While the rise of digital payments has slowed overall cash usage, ATMs remain essential in cash-heavy sectors like retail, hospitality, and convenience stores, where about 58% of global transactions under $10 still involve cash. The … Read more
In August 2025, a notable shift has occurred on Wall Street, with underdog stocks—particularly in sectors like financials, housing, and small-cap industries—outperforming traditional Big Tech giants like Nvidia, Microsoft, and Amazon. This trend, driven by expectations of Federal Reserve interest rate cuts and a rotation into value and cyclical stocks, has raised questions about its … Read more