Investing legend Mohamed El-Erian says he’s avoiding stocks as a demand shock looms for oil – Business Insider

Paramount has responded to Warner Bros. Discovery, which, with the backing of Netflix, will start seven days of talks through Feb. 23 with the David Ellison company on a potential deal. “Paramount acknowledges the announcement from Warner Bros. Discovery that, acting with Netflix, they have decided to provide Paramount a 7-day ‘waiver’ for negotiation. In…

Fintech startup Mesa has shut down its Homeowners Card, which awarded points to cardholders for paying their mortgages. A message on the Mesa website states that as of December 12, “all Mesa Homeowners Card accounts are closed,” adding, “All credit cards have been deactivated and you are no longer able to make any new purchases…

Updated Feb. 8, 2026, 8:38 p.m. ET Cincinnati-based supermarket giant Kroger will name former Walmart executive Greg Foran, 64, as its next CEO, according to a report by the Wall Street Journal. Foran, 64, who ran Walmart’s U.S. store operations for five years until 2019, will be the first-ever outsider to lead the retailer. He…

The United States was already on an unsustainable fiscal trajectory, adding to the national debt at breakneck speed, before it launched a joint attack on Iran with Israel. Even before the first munitions struck Tehran, the federal debt had surged past the $38 trillion mark, even jumping $1 trillion in just over two months between…

Airlines just can’t seem to catch a break, but then again, that’s nothing new for the industry. In this post: Airlines brace for impact of more expensive jet fuel The current conflict involving Iran obviously has major geopolitical implications. As it impacts the aviation industry, many airlines have had to adjust their networks to avoid…

A wonkish guide for the confused WARNING: TODAY’S POST WILL BE EVEN WONKIER THAN USUAL Until recently the question of who pays tariffs wasn’t controversial among economists. The overwhelming consensus was that under normal circumstances tariffs — taxes on imported goods — are passed on to consumers in the form of higher prices. There are…