Author: Money Mechanics

Sun Country Airlines Stock Pops After Allegiant Buys Fellow Budget Carrier 7 minutes ago Investors see sunshine for Sun Country Airlines Holdings (SNCY) stock. Sun Country shares soared 13% in premarket trading Monday, a day after the airline agreed to combine with fellow ultra-low-cost carrier Allegiant Travel Company (ALGT) to “create a leading leisure-focused U.S. airline.” Las Vegas-based Allegiant will acquire Minneapolis-based Sun Country for $1.5 billion in cash and stock, including $400 million of net debt. Allegiant stock reversed earlier gains and were down 3% before the bell. Upon closing, which is expected in the second half of 2026,…

Question: I’m 68, retired, and loved spending the holidays with my grandkids. Now that everyone’s back to real life, I’m getting more depressed by the day. How can I change my outlook?Answer: For working folks and retirees alike, the holidays are often a highlight of the year. There’s festive music on the radio, neighborhood homes are adorned with lights, and the mood is generally elevated.You might especially enjoy the holidays if it means spending a meaningful amount of time with your grandchildren. But if that’s the case, those first few post-holiday weeks can be a big letdown. This especially holds…

UPS shares have surrendered nearly a third of their value over the past five years. Revenue growth has failed to top 3% in any of the past four years, but analysts see the bottom line growing again in 2026. If it can keep its streak of annual dividend increases as well as its turnaround strategy going, UPS can beat the market in the next five years. 10 stocks we like better than United Parcel Service › The past five years have been challenging for United Parcel Service (NYSE: UPS) investors. Shares of the package delivery giant have plummeted 32% in…

Selling a business in California can be a huge win, but it’s rarely “simple.” Buyers love strong CA markets and premium customer bases, yet they also expect serious documentation, tight compliance, and clean operations. The biggest California deal-killers are usually predictable: messy books, payroll/tax surprises, lease issues, and state-specific clearance items that get discovered too late. Want a realistic sale price range before you talk to buyers? A clean valuation framework helps you price correctly, defend your numbers during diligence, and avoid “discounting” when buyers start probing add-backs, margins, or owner dependence. Get a Free Business Valuation Disclosure: This page…

After five years of building an edtech company, Nathan Nwachuku, 22, realized that Africa was at a crossroads. The continent is undergoing rapid industrialization, he told TechCrunch. There is money, opportunity, and a young, driven population. He figured, soon enough, the continent was on the “edge of an industrial revolution.”  “At the same time,” he said, he felt the continent still struggled to address what was one of its biggest Achilles heels. “Terrorism and insecurity.” Africa has more terror-related deaths than any region in the world, and it is this problem that could slow down — or even stop completely…

(Investing) – WASHINGTON/SINGAPORE – The U.S. has seized the Olina tanker in the Caribbean, the fifth vessel targeted in recent weeks as Washington steps up efforts to curb Venezuelan oil exports, U.S. officials said on Friday.   The Olina, which according to public shipping database Equasis was falsely flying the flag of Timor Leste, previously sailed from Venezuela and had returned to the region, said an industry source with direct knowledge of the matter. In a pre-dawn move, marines and sailors from Joint Task Force Southern Spear, launched from the carrier USS Gerald R. Ford, apprehended the Olina in the Caribbean…

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. Accessible Keys for Video [Space Bar] toggles play/pause; [Right/Left Arrows] seeks the video forwards and back (5 sec ); [Up/Down Arrows] increase/decrease volume; [M] toggles mute on/off; [F] toggles fullscreen on/off (Except IE 11); The [Tab] key may be used in combination with the [Enter/Return] key to navigate and activate control buttons, such as caption on/off. Good evening. On Friday, the Department of Justice served the Federal Reserve with grand jury subpoenas, threatening a criminal…

The stock market finished the first full trading week of 2026 with the Dow Jones Industrial Average and the S&P 500 at record highs, following the release of the latest jobs report. Source: Investing.com  Wall Street’s major indices posted a winning week. The 30-stock Dow rose 2.3%, the benchmark S&P 500 added 1.6%, while the tech-heavy Nasdaq Composite and the small-cap Russell 2000 jumped 1.9% and 4.6% respectively.  The week ahead is expected to be an eventful one as investors continue to gauge the outlook for the economy and interest rates. On the economic calendar, most important will be Tuesday’s…

The U.S. labor market ended 2025 on a soft note, with job creation in December less than expected, according to a report Friday from the Bureau of Labor Statistics.Nonfarm payrolls rose a seasonally adjusted 50,000 for the month, lower than the downwardly revised 56,000 in November and short of the Dow Jones estimate for 73,000. At the same time, the unemployment rate fell to 4.4%, compared with the forecast for 4.5%. A more encompassing measure that includes discouraged workers and those holding part-time jobs for economic reasons dropped to 8.4%, down 0.3 percentage point from November. The household survey, which…

The death of software has been greatly exaggerated. “If AI is going to kill a business, the signs would already be there,” D.A. Davidson analyst Gil Luria said in a research note, observing the industry is now in its third year of the AI shift. The biggest impact on the software industry thus far has been “narrative and scared customers unwilling to commit,” he added. The latter may be a factor that’s starting to change, as companies come to realize “neither they nor their software vendors have been run over” by AI. As this “scared” money returns to the market,…