Business

A new bankruptcy filing shows Spirit Airlines spent $1.61 for every dollar earned in March, highlighting its financial decline and why a bailout was unlikely.

• Geek Salad Team
• May 23, 2026

JPMorgan CEO Jamie Dimon warns of excessive optimism in markets driven by AI and tech valuations, echoing Greenspan’s ‘irrational exuberance’ phrase from 1996.

• Geek Salad Team
• May 23, 2026

JPMorgan CEO Jamie Dimon warns rates could rise much further after recent bond market selloff, signaling increased economic uncertainty.

• Geek Salad Team
• May 23, 2026

JPMorgan’s Pandit warns that ongoing market sell-offs are tied to Federal Reserve interest rate increases, highlighting potential economic impacts.

• Geek Salad Team
• May 23, 2026

The S&P 500 achieved its longest weekly winning streak since 2023, with the Dow also climbing to a record high, signaling positive investor sentiment.

• Geek Salad Team
• May 23, 2026

Stocks hit weekly highs even as a survey shows U.S. consumer sentiment plunges to record lows amid inflation fears and economic worries.

• Geek Salad Team
• May 23, 2026

Major US stock indexes experienced mixed results on Friday, May 22, 2026, amid ongoing economic concerns and corporate earnings reports.

• Geek Salad Team
• May 23, 2026

The Dow Jones rises by almost 300 points, reaching a new record close, while the S&P 500 marks its eighth consecutive weekly gain, signaling strong market momentum.

• Geek Salad Team
• May 23, 2026

Major Chinese tech stocks including Tencent and Alibaba decline amid rising deflation and waning domestic demand, overshadowing AI rally gains.

• Geek Salad Team
• May 22, 2026

Japanese university graduates enjoy a near-record employment rate, but rising AI integration raises concerns about future job security and hiring trends.

• Geek Salad Team
• May 22, 2026