Fashion retailer closes 64 stores as it reshapes its business

After closing dozens of stores and offloading a brand, one of the fashion industry’s best-known groups is continuing to reshape its retail footprint. The company ended its latest fiscal year with fewer stores overall, even as it continued opening locations for one of its biggest brands. The contrasting moves highlight how fashion retailers are increasingly […]

Casino operator liquidated as Chapter 11 bankruptcy ends

Gambling keeps growing in the United States, but that does not tell the full story as to why some casinos still fail. The U.S. commercial gaming industry reached a record high in 2025, generating $78.72 billion in gross gaming revenue (GGR), a 9.2% increase over the previous year, according to the American Gaming Association’s (AGA) Commercial Gaming Revenue Tracker. Despite those increases, a number of […]

Pandora opens unexpected box as silver price drops

Pandora (PNDORA) just told investors it will keep replacing silver in its jewelry, even though silver’s price has fallen significantly from its record high. That decision surprised some market watchers. When the price of a material drops, most companies take the cost savings and move on. Pandora is doing the opposite. The Danish jeweler wants […]

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Economy
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30 articles
August 18, 2026As the Nike stock implodes, is it safe to buy the dip or sell the rip?

Nike stock continued its strong downward trend, reaching its lowest level since September 2024, as investors remained impatient about its turnaround strategy. NKE dropped to $38.94, down by over 78% from its highest point on record. This sell-off may continue in the foreseeable future as investors remain cautious. Nike stock price technicals point to more […]

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August 18, 2026Nvidia Cuts OpenAI Ohio Guarantee to $105B From $250B

Nvidia’s planned backstop for OpenAI’s huge Ohio data-center project has moved from negotiation to a signed structure, but at less than half the exposure first discussed. Nvidia will provide up to $105 billion of guarantees tied to the PORTS-Pike Technology Campus in Pike County, Ohio, Reuters reported Monday, while investing another $1.5 billion in developer […]

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Investing
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August 18, 2026Global FX Market Summary: Fed Rate Cuts, Hormuz Border…

Fading Fed rate-hike odds, expired Hormuz diplomacy, and joint US-Japan currency interventions have driven down the US Dollar.. Collapse in September Rate-Hike Odds Drives DXY Below 200-Day EMA Expectations for monetary tightening by the United States central bank have cooled rapidly following a sequence of softer domestic economic reports. Disappointing figures—including a monthly contraction in […]

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July 20, 2026S&P 500 Index outlook: top catalysts for US stocks this week

The S&P 500 Index remains under pressure this month, and this week’s events will determine whether it will bounce back. It was trading at 7,457 points, down by 2.10% from its highest point this year. This article highlights some of the key catalysts that will drive the SPX and VOO ETFs this week. S&P 500 […]

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