Big bargains will dominate the holiday season, but shoppers may not be sold

People walk stores offering sales at a shopping mall in Santa Anita, California on December 20, 2021. Frederic J. Brown | AFP | Getty Images Grocery and energy prices have spiked, and credit card interest rates are climbing, but shoppers can expect some relief as they start holiday shopping. Retailers, desperate to coax inflation-fatigued consumers…

Here’s why it’s so hard to find cheap airfare this year — and why 2023 isn’t looking much better

In this article USEA Follow your favorite stocksCREATE FREE ACCOUNT United’s check-in area at Washington Dulles International Airport. Leslie Josephs | CNBC Cheap airfares are hard to find, and it might not get much easier in 2023. Between staffing shortages, aircraft delays and airlines’ conservative schedules after costly travel meltdowns, available seats are limited. Airlines…

American Airlines expects fourth-quarter profit thanks to strong travel demand

In this article AAL Follow your favorite stocksCREATE FREE ACCOUNT An American Airlines Boeing 787-9 Dreamliner approaches for a landing at the Miami International Airport on December 10, 2021 in Miami, Florida. Joe Raedle | Getty Images American Airlines reported a $483 million profit for the third quarter and joined rivals in forecasting resilient travel…

Existing home sales fall to a 10-year low in September, as mortgage rates soar

Real estate broker Rebecca Van Camp places a “Sold” placard on her sign in front of a home in Meridian, Idaho, on Wednesday, Oct. 21, 2020. Darin Oswald | Tribune News Service | Getty Images Existing homes are selling at the slowest pace since September 2012, with the exception of a brief drop at the…

Wall Street eyes auto industry earnings for signs of ‘demand destruction’

In this article LAD KMX GM F Follow your favorite stocksCREATE FREE ACCOUNT A sign advertises to purchase cars at a used car dealership in Arlington, Virginia, February 15, 2022. Saul Loeb | AFP | Getty Images DETROIT – Since the start of the pandemic in early 2020, U.S. automakers and dealers have seen record…

Why pickleball has Tom Brady and LeBron James investing

In this article NKE ADS-DE Follow your favorite stocksCREATE FREE ACCOUNT Pickleball is the fastest-growing sport in America, with over 4.8 million people playing the game. However, its rapid growth has caused some growing pains, stemming from competing professional leagues, managing hundreds of tournaments, a lack of courts to meet demand and channeling the flood…

Netflix’s message to shareholders: Focus on revenue and profit, not subscriber adds

In this article NFLX Follow your favorite stocksCREATE FREE ACCOUNT Netflix logo Mario Tama | Getty Images News | Getty Images Netflix has a message for investors: start focusing on revenue and profit, and stop obsessing about subscriber growth. Netflix made its argument with several pointed comments in its quarterly shareholder letter. The world’s largest…

United Airlines shares surge on higher profit and strong demand forecast

A United Airlines Boeing 777-200 aircraft Nicolas Economou | NurPhoto | Getty Images United Airlines forecast another profit for the end of the year and said consumer appetite for travel is showing no signs of slowing down despite high airfares. Shares jumped more than 7% in after-hours trading on Tuesday. “Looking forward through the end…

Target stores to sell Caraway pots and pans in online cookware company’s biggest push into brick-and-mortar

Some of Caraway’s pots and pans are now sold by Target stores. About 350 of the big-box retailer’s locations are carrying the products in time for the holidays. Courtesy of Caraway Online cookware company Caraway is making its biggest push yet into brick-and-mortar stores, with its pots and pans debuting in 350 Target stores this…

American Airlines pilot union moves toward seeking federal mediation as contract talks drag on

In this article AAL Follow your favorite stocksCREATE FREE ACCOUNT American Airlines jet parked at LaGuardia International Airport in New York.  Adam Jeffery | CNBC American Airlines‘ pilot union is taking steps toward seeking federal mediation in contract negotiations as talks with the country’s largest carrier drag on, according to a note from the labor…

News Corp. stock up, Fox shares down as investors weigh possible merger

In this article FOXA NWSA Follow your favorite stocksCREATE FREE ACCOUNT A person walks past Fox News Headquarters at the News Corporation building on May 03, 2022 in New York City. Alexi Rosenfeld | Getty Images Shares of News Corp. rose while Fox shares fell Monday as investors weighed the possibility of Rupert Murdoch’s media…

Kanye West agrees to buy conservative social media platform Parler, company says

Kanye West arrives at the Vanity Fair Oscar Party on Feb. 9, 2020, in Beverly Hills, Calif. Evan Agostini | Invision | AP Kanye West, the superstar rapper who has made several inflammatory and antisemitic comments in recent weeks, has agreed in principle to buy conservative social media platform Parler, the app’s parent company said…