DVD rental service Redbox is set to shut down after 22 years in business, as streaming continues to dominate the at-home entertainment market. Redbox’s parent company, Chicken Soup for the Soul Entertainment, changed its Chapter 11 bankruptcy case, filed last month, to a Chapter 7 liquidation case on Wednesday. The…
For more than 10,000 Olympic athletes, making it to Paris this summer is a dream come true. Thousands of potential tourists feel otherwise. Delta Air Lines says travelers are avoiding the city this summer and booking to destinations elsewhere, amounting to a $100 million hit for the airline during an otherwise bustling…
Here are some observations from golf that you might want to take into consideration. 1. I cannot begin to count the number of times while playing golf that someone thinks they are “away” when the distance between their ball and the cup versus the other person’s ball and the cup…
This is a complimentary excerpt from the subscriber-only DecisionPoint Alert. NVIDIA (NVDA) broke down today in what looks like an echo of last month’s pullback. There is a short-term double top with price resting on the confirmation line. This could just be a one day event; however, if we assume…
Will Fed Chief Jay Powell rouse King Midas from his summer slumber? Gold investors are eager to have that question answered. The Fed’s response will determine whether investors press pause or pull the trigger. Thursday’s CPI data seemed favorable enough. Consumer prices are easing, raising Wall Street’s hopes for a…
What a strange trip it’s been! After breaking out of its June 20 to July 3 sideways movement, the S&P 500 ($SPX) index finally broke out to the upside–until it didn’t. That was on Thursday. Friday was a different story. After Thursday’s CPI report, the stock market reacted in a…
The vaunted saviors of democracy in the Democratic Party were ready to throw out all the norms this summer to make sure voters keep them in power. Unfortunately for them, the calendar is not their friend. With just four months before the general election ends, Democrats and their advocates in the…
A former Democrat lawmaker in South Carolina, who has donated thousands of dollars to President Biden’s re-election campaign, warned about Biden’s age in 2019 while supporting Vice President Kamala Harris’s failed presidential campaign. ‘Joe Biden has been running for president since before I was born,’ Bakari Sellers told Politico in…
The top Democrat on the House Intelligence Committee, Jim Himes, called on President Biden to suspend his 2024 re-election campaign, just moments after the president finished his highly anticipated press conference. Biden participated in a press conference with reporters at the end of the NATO summit in Washington D.C. on…
President Biden held a roughly hour-long press conference and took multiple questions from reporters Thursday evening as he works to quell concerns over his mental fitness and age ahead of the presidential election in November. ‘I’m determined on running,’ Biden declared Thursday evening in his solo press conference that lasted…