Monthly Archives: July 2022

This week’s student loan refinancing rates: July 26, 2022 | Rates stagnate

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Airline passengers are causing delays by taking more bags and liquids on flights, says boss of one of Europe’s busiest airports

People wait in long queues for security at Heathrow Airport on June 1. Carl Court/Getty Images. Heathrow Airport CEO told LBC delays are partly due to people taking more bags and liquids on flights. He said people are packing more liquids over fears about losing their checked-in luggage. Staffing issues are also adding to airport…

This latest rally is full of ‘wishful thinking’ and stocks have further to fall as the Fed fights inflation, Morgan Stanley says

Lisa Shalett is the chief investment officer for Morgan Stanley Wealth Management. Lisa Shalett Stock market bulls are guilty of “wishful thinking”, according to Morgan Stanley. The bank expects the Federal Reserve to continue tightening monetary policy until inflation drops. Morgan Stanley Wealth Management’s Lisa Shalett expects July’s bear market rally to fizzle out soon….

Walmart just issued a major profit warning. ‘Big Short’ investor Michael Burry predicted the mega-retailer’s problems

Michael Burry. Astrid Stawiarz/Getty Images Walmart issued a profit warning after inflation hit demand, and it slashed prices to move inventory. Michael Burry of “The Big Short” predicted lower spending and markdowns would hit retail earnings. Burry expects a “disinflationary overstock consumer recession by Christmas.” Michael Burry, the investor of “The Big Short” fame, predicted…

My Nintendo Store currently offline in UK

Nintendo’s online store went offline yesterday in the UK, and will remain unavailable due to maintenance until tomorrow, Wednesday 27th July. It follows the disappearance of the store in several countries across mainland Europe, where a similar maintenance message popped up admitting downtime lasting “a few weeks” (thanks, Nintendo Life). Nintendo has not given any…