American Airlines made headlines when it opted to withdraw its 2025 financial guidance, an unprecedented move in the airline industry that reflects deepening concerns over the U.S. economy. CEO Robert Isom’s comments on CNBC underscore these fears, revealing a stark truth: domestic leisure travel bookings had plummeted post-January despite a somewhat strong fourth quarter. This
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As we navigate through the tumultuous waters of the automotive industry under President Donald Trump’s tariff policies, the ongoing tug-of-war between protectionism and free-market principles is becoming increasingly evident. Recently, the administration acknowledged considerations for exempting automakers from certain tariffs, a move that appears to be more of a political maneuver than a genuine compromise
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The political landscape in Oklahoma is familiar with its share of disputes, but the ongoing feud between Attorney General Gentner Drummond and State Treasurer Todd Russ has escalated into an unnecessary circus that exposes the fragility of constitutional boundaries within governmental authority. This clash highlights an unsettling trend: a persistent attempt by individuals seeking power
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As Apple gears up for its imminent earnings report, the atmosphere surrounding the tech heavyweight is fraught with trepidation. The stock has already spiraled downward by more than 20% this year, an alarming drop that illuminates investor unease amid rising tariffs and an uncertain economic environment. With analysts from Goldman Sachs, UBS, and Wells Fargo
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The dramatic rise in interest rates is causing seismic shifts in the mortgage market, and it’s becoming painfully obvious that the ramifications are far-reaching. Last week alone, mortgage application volume took a nosedive by 12.7%, according to the Mortgage Bankers Association. With the average interest rate for 30-year fixed-rate mortgages now hovering at 6.90%, up
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The deteriorating condition of America’s roads and bridges has reached a critical point. With two-thirds of states considering new funding bills for transportation this year alone, it’s evident that traditional funding mechanisms—primarily the gas tax—are far from adequate in addressing the growing needs of our infrastructure. As vehicles become more fuel-efficient or switch to electric
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Amidst a tumultuous global economic landscape characterized by geopolitical tensions and domestic political strife, sports betting stocks have emerged as surprisingly robust contenders in the investment arena. A recent analysis by Roth Capital Partners underscores a unique phenomenon: while the broader market grapples with uncertainties, particularly in light of President Donald Trump’s criticisms aimed at
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