Tag: Recessions and depressions
Steward Health Care reaches deal to sell its nationwide physicians network
BOSTON -- Steward Health Care said it has reached an agreement to sell its nationwide physicians network to a private equity firm. The...
Blink Fitness, an affordable gym operator, files for Chapter 11 bankruptcy
NEW YORK -- Gym operator Blink Fitness has filed for Chapter 11 bankruptcy protection.Blink, an Equinox-owned chain with more than 100 locations, said...
What are carry trades and how did they contribute to this week's global market mayhem?
BANGKOK -- The mayhem that swept across world markets this week was partly caused by a market strategy known as the “carry trade.”...
Unemployment rise spurs fears of slowdown, yet recession signals have been wrong — so far
WASHINGTON -- A surprising rise in the U.S. unemployment rate last month has rattled financial markets and set off new worries about the...
Spirit Airlines is going upscale. In a break from its history, it will offer fares with extra perks
Spirit Airlines is moving farther away from its history as a fee-happy budget airline and will start selling tickets that include some of...
American consumers feeling more confident in July as expectations of future improve
American consumers felt more confident in July as expectations over the near-term future rebounded. However, in a reversal of recent trends, feelings about...