Business

Budget carrier Spirit Airlines said Friday that it has filed for bankruptcy protection only months after emerging from a Chapter 11 reorganization. The no-frills airline said it intends to conduct business as normal during the restructuring process, meaning passengers can continue to book trips and use their tickets, credits and loyalty points. The company said its employees and contractors would …

A cozy Earth sounds nice, but we’ll settle for a cozy bed — and these soft, silky, cooling linens deliver. This set has wowed everyone from Yahoo staffers and thousands of online shoppers to — wait for it — Oprah herself. Senior Style Writer Rebecca Carhart, who searched high and low to find the best cooling sheets, awarded this set …

Judge considers request to block Trump’s ouster of Federal Reserve board member  The Washington Post Fate of Fed Gov. Lisa Cook still up in the air after court hearing on Trump firing bid  CNBC Trump’s Fed meddling pushes investors closer to their red line  Financial Times The Supreme Court Made a Bad Bet  The Atlantic On the existence of the Federal Reserve, JD Vance …

Nvidia’s solid second-quarter earnings report showed how good it is to be the seller of the best pickax in the town with the big gold mine. All of the big AI players are racing to pour hundreds of billions of dollars into ever-larger data centers to out-gigawatt their competitors in the space. And those data centers are usually stacked to …

PCE Inflation Stayed Stable in July, Keeping Fed on Track to Lower Interest Rates  The New York Times Core inflation rose to 2.9% in July, highest since February  CNBC US consumer spending strong; core inflation warmer on services  Reuters Inflation is climbing. Trump might still get lower rates.  Politico Here are the biggest takeaways from the government’s latest inflation data  CBS News Source link

Cracker Barrel’s recent attempt to rebrand and subsequent reversal could be a master class in marketing missteps. “History is rife with bad rebrands,” franchising expert Nick Neonakis said. “Cracker Barrel’s attempt will surely be one for the books.” The company’s decision to refresh its brand identity came as the company looked to recover from financial struggles. Stock prices were drastically …

Spirit Airlines Files Second Bankruptcy in Less Than One Year  Bloomberg.com Spirit Airlines files for Chapter 11 bankruptcy protection for the second time in a year  CNBC Spirit Airlines files for second bankruptcy in a year as financial challenges persist  Reuters Spirit Airlines files for bankruptcy protection again  AP News Spirit Airlines bankruptcy filing: What it means for Labor Day flights, loyalty points, and …

Higher Prices Are Coming for Household Staples – WSJ  The Wall Street Journal ‘Sneakflation’: How Trump’s tariffs are gradually raising costs for American consumers  CNN Stanford Economists: Trump’s New Tariff Rules Will Fuel Inflation  Time Magazine Investors are ignoring the coming wave of tariff-driven inflation, Deutsche Bank warns  Fortune Have the Liberation Day tariffs raised prices in the Western US?  The Nevada Independent Source link

Taco Bell is rethinking its use of artificial intelligence (AI) to power drive-through restaurants in the US after comical videos of the tech making mistakes were viewed millions of times. In one clip, a customer seemingly crashed the system by ordering 18,000 water cups, while in another a person got increasingly angry as the AI repeatedly asked him to add …

The average price of a gallon of regular gas in the U.S. reached its lowest late-summer price of the past four years this month — but not in Oregon, where gas prices rose over the same time period. So far this month, the U.S. average for a gallon of gas has been about $3.13, a 3-cent drop from August 2021, …