In many cases, a Chapter 11 bankruptcy does not mean the end of a restaurant chain. That’s at least in part because brand names have value, and as long as the finances can be worked out with lenders, there will usually be more investors willing to get behind a Red Lobster comeback than those who … Read more
At the dawn of the new year, it’s time to talk about the apocalypse, my children, and no one grabs us with gloom like Nostradamus. Michel de Nostredame, Nostradamus or Nos if you’re ugly, was a 16th-century bearded astrologer, doctor, enemy of the church and soothsayer who was credited with predicting the Great Fire of … Read more
While the Americans have pulled back some discretionary spending, that hasn’t affected the motorcycle market. “The global motorcycle market size was $71.92 billion in 2024. The market is expected to grow from $75.82 billion in 2025 to $119.09 billion by 2032, exhibiting a CAGR of 6.7% during the forecast period,” according to data from Fortune … Read more
Shutterstock Moneywise and Yahoo Finance LLC may earn commission or revenue by linking to the content below. It’s been more than 170 years since the California Gold Rush — but locals are once again finding gold dust, flakes and even nuggets glinting in the state’s rivers. “Gold is everywhere,” Manny Goza, a prospector surveying the … Read more
Editor’s Note: A lawsuit only tells part of a story. SALT LAKE CITY (ABC4) — Two years after Kyler Efinger tragically died after walking into an airplane engine following a mental health episode at Salt Lake City International Airport.his family filed a lawsuit against the city. On January 1, 2024, Kyler Efinger left the airport … Read more
lexiv / Shutterstock.com XRP sentiment hits extreme fear at 24, while institutional ETFs have accumulated $424 million in December alone and $1.3 billion in 50 days. Machine learning models are 70-91% accurate at predicting crypto moves at sentiment extremes like this. And XRP’s past extremes preceded rallies of 612% and 1,053% in a few months. … Read more
Tom Lee is getting bullish on Bitcoin and Ethereum again. | Credit: CCN. Key recommendations Bitcoin has broken out of “extreme fear” for the first time in months. Fundstrat’s Tom Lee has drawn criticism on social media after reiterating aggressive price targets for Bitcoin and Ethereum relative to Gold and Silver. Lee’s targets for Ethereum … Read more
During the Covid lockdowns, my wife and I occasionally ordered from major steakhouses like Morton’s and Ruth’s Chris, which offered aggressive delivery deals and meal kits. These promotions underscored how much steakhouses depended on in-person dining and how vulnerable they were when offices emptied and business travel ground to a halt. “As remote or hybrid … Read more
Mortgage rates will hit a new low in 2025. According to Freddie Mac, the average 30-year fixed rate is 6.15%down three basis points. Meanwhile, the 15-year fixed home loan rate fell to six basis points 5.44%. Here are the current mortgage rates, according to the latest Zillow data: 30 years fixed: 5.97% 20 years fixed: … Read more
Donald Trump has publicly humiliated his spokeswoman, Karoline Leavitt, by contradicting her repeated assurances and apologies about his health problems. Since Trump, 79, returned to office last January, speculation has run wild about bruises on his hands and his cognitive capacity, particularly after he underwent a mysterious scan in the fall — with the Daily … Read more