Business

The price-to-earnings multiples say recession. But the multiples said similar things in 2022. So how long can the multiples stay this low? We have all read dozens of articles about what 2023 will bring us. I think most are sincere. Their only drawback, as usual, is that they don’t touch on stocks themselves. They might

Brazilian football legend Pele poses with the FIFA World Cup trophy on March 9, 2014 in Paris. Franck Fife | AFP | Getty Images Pelé, the Brazilian soccer icon who brought the World Cup trophy to his home country three times, becoming an international superstar and the highest-paid team athlete in the world at the

In this article LUV Follow your favorite stocksCREATE FREE ACCOUNT Southwest Airlines’ holiday meltdown will “certainly” hit its fourth-quarter results, executives said Thursday, adding that it will take several weeks to work through affected travelers’ reimbursement requests. The systemwide chaos stranded hundreds of thousands of customers over the holiday week and drew scrutiny from Washington.

In this article DIS WBD NFLX Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, a hand holding a TV remote control in front of the Disney Plus logo on a TV screen. Rafael Henrique | Sopa Images | Lightrocket | Getty Images Media stocks got rocked this year, with companies losing billions of

In this article LUV Follow your favorite stocksCREATE FREE ACCOUNT Southwest Airlines slashed another 2,500 flights on Wednesday, sending more frustrated customers scrambling to find seats on other airlines. The Dallas-based carrier’s cuts amounted to 60% of its schedule and nearly 90% of overall cancellations in the U.S. on Wednesday, marking another day of disruptions

In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Avatar: The Way of Water Courtesy: Disney Co.  James Cameron’s “Avatar: The Way of Water” has passed the billion-dollar mark at the global box office, but sluggish sales in China could weigh on the film’s final haul. Worldwide ticket sales for the Disney film now

In this article TSLA RACE-IT Follow your favorite stocksCREATE FREE ACCOUNT The Ferrari SP38 seen at Goodwood Festival of Speed 2022 on June 23rd in Chichester, England. Martyn Lucy | Getty Images This year wasn’t about which auto manufacturer stock performed the best. It was about which stock managed to escape the worst of the

In this article NIO 9866-HK Follow your favorite stocksCREATE FREE ACCOUNT Chinese electric car company Nio delivered more than 5,000 cars in April despite Covid restrictions in some parts of China, albeit down sharply from nearly 10,000 vehicle deliveries in March. Future Publishing | Future Publishing | Getty Images Chinese electric vehicle maker Nio lowered

In this article MCD SBUX CMG SG Follow your favorite stocksCREATE FREE ACCOUNT A White Castle team member next to Miso Robotics’ Flippy. Courtesy: Miso Robotics Chipotle Mexican Grill is testing whether a robot can make tortilla chips in stores. Sweetgreen plans to automate salad making in at least two locations. And Starbucks wants its

A sale sign is seen at car dealer Serramonte Subaru in Colma, California. Stephen Lam | Reuters High interest rates, supply chain problems and recessionary fears were among the major challenges for the global automotive industry in 2022. Those issues aren’t expected to be resolved quickly. There’s growing concern on Wall Street that this year’s

Farmers sort and package lemons at a workshop on November 24, 2020 in Neijiang, Sichuan Province of China. Huang Zhenghua | Visual China Group | Getty Images Covid cases in China saw a spike following the country’s relaxation of strict Covid rules. Also rising: the prices of traditional Chinese medicine and lemons, as Chinese citizens

Aircraft are deiced at General Mitchell International Airport in Milwaukee Reuters Southwest Airlines canceled more than 60% of its flights on Monday, while flight disruptions stemming from severe winter weather eased at other carriers. Airlines have canceled more than 17,000 U.S. flights since Wednesday, according to FlightAware, as storms brought snow, ice, high winds and

Preaching a message of financial education and financial freedom, John Hope Bryant is galvanizing America’s top business leaders in the battle for “silver rights,” a term he coined to describe the economic empowerment of minority and low-income communities. “I don’t know about you, but I’m sick and tired of being sick and tired,” Bryant said

Travelers have a host of pathogens to dodge this winter, including the “tripledemic” of infections caused by Covid-19, flu and RSV (respiratory syncytial virus). But there are steps people can take to reduce their chances of getting sick, say health specialists at Spain’s SHA Wellness Clinic. The key is to develop “a resilient immune system

In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Avatar: The Way of Water Courtesy: Disney Co.  Disney and James Cameron’s “Avatar: The Way of Water” snared an estimated $56 million during its second weekend in theaters, a 58% drop from its debut. A decline in ticket sales is common for blockbuster titles, with

Mt. Fuji and Tokyo skyline, Japan. Jackyenjoyphotography | Moment | Getty Images Americans are poised to travel overseas in a big way in 2023. Households are continuing to unleash two or three years’ worth of pent-up demand as Covid-19 fears wane and the last vestiges of pandemic-era border restrictions have eased. The U.S. dollar also

An American Airlines plane is de-iced as high winds whip around 7.5 inches of new snow at Minneapolis-St. Paul International Airport Thursday, December 22, 2022. Star Tribune Via Getty Images | Star Tribune | Getty Images U.S. flight cancellations eased somewhat on Saturday but federal officials warned that disruptions could continue as severe winter storms

In this photo illustration, PlanB one-step emergency contraceptive is displayed on June 30, 2022 in San Anselmo, California. Justin Sullivan | Getty Images The Food and Drug Administration is changing the informational packaging of the emergency contraceptive pill, Plan B One-Step, to clarify that it is not an abortion pill, the federal agency announced Friday.

A man smokes marijuana during a hip-hop performance at the 11th annual block party held by the Bushwick Collective in Brooklyn, New York, on June 4, 2022. Alex Kent | AFP | Getty Images Thriving, unregulated marijuana businesses across the United States are undercutting legal markets awaiting banking and tax reform. While it’s an issue

In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Los Angeles Chargers running back Austin Ekeler, center, runs for extra yardage while Tennessee Titans linebacker Monty Rice, left, and safety Andrew Adams (47) attempt a tackle during the second half at SoFi Stadium on Sunday, Dec. 18, 2022 in Los Angeles, CA. Allen J.