Wharton professor Jeremy Siegel warns the Fed is ‘playing with fire’ in its handling of the economy as liquidity falls dramatically, but he’s still a buyer of stocks over bonds

Jeremy Siegel, professor of finance at the Wharton School of the University of Pennsylvania. Scott Mlyn/CNBC/NBCU Photo Bank/NBCUniversal via Getty Images The Federal Reserve is “playing with fire” in its handling of the economy if it hikes rates by 75 basis points, according to Jeremy Siegel.Despite the ongoing risks from the Fed’s aggressive interest rate…

The rise of Spirit Halloween: How the Spencer Gifts-owned chain took over American strip malls and turned itself into a meme of the Retail Apocalypse

Spirit Halloween at a shopping center in Dublin, California in 2018. Smith Collection/Gado/Getty Images Since its founding in 1983, Spirit Halloween has become the go-to destination for all things Halloween.  Today the company has 1,450 locations in North America, primarily located in strip and traditional malls. In recent years, Spirit has become the source of…

Southwest makes big updates to Companion Pass requirements — here’s what to know to qualify in 2023

Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our our partners, however, our opinions are our own. Terms apply to offers listed on this page. The Southwest Companion Pass is still worth pursuing, despite these more difficult…

I went inside Delta’s new LAX Sky Club and found a luxurious space full of passenger-friendly touches — take a tour

Delta Sky Club at Los Angeles International Airport. Brady MacDonald/Insider A new 30,000-square-foot Delta Sky Club opened in the spring at LAX. It’s part of Delta’s multi-billion-dollar investments in improving customer experience at key hubs around the country. A new 30,000-square-foot Delta Sky Club opened in the spring at Los Angeles International Airport on the…

Student-loan companies who want to sue the government to stop Biden’s student-loan forgiveness are on their own, a judge just ruled — states can’t do it on their behalf

President Joe Biden walks over to speak with reporters before boarding Marine One on the South Lawn of the White House, Wednesday, Oct. 12, 2022. AP Photo/Evan Vucci A judge dismissed a lawsuit six GOP-led states filed against Biden’s student-loan forgiveness. He said the states didn’t have standing to sue on behalf of student-loan company…

Ulta, Bath & Body Works, CeraVe, E.l.f. Cosmetics, and SheaMoisture among beauty favorites for female teens, survey finds

Ulta store Jeff Greenberg/Getty Images Ulta is still the most popular beauty store for all female teens, according to a semiannual survey. Bath & Body Works is the top pick for perfumes and fragrances. E.l.f. Cosmetics, CeraVe, and SheaMoisture are favorites for makeup, skincare, and hair care. Ulta, Bath & Body Works, E.l.f. Cosmetics, SheaMoisture,…

A mom of 3 paid off her mortgage 17 years early and saved $100,000 by following 6 strategies

Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our our partners, however, our opinions are our own. Terms apply to offers listed on this page. The author, second from left, with her husband and children. Liz Gendreau…

The cutting-edge cellular therapies aiming to ease America’s organ shortage

Despite being the wealthiest nation on the face of the planet, the United States chronically runs short of transplantable organs. Kidneys are far and away the most sought-after organ for transplantation, followed by livers. While the liver is the only human organ known capable of regenerating itself, if you damage yours badly enough for long…