business – Page 434 – One America News Network

HERCULES, CALIFORNIA - JUNE 07: A sign is posted in front of a Big Lots store on June 07, 2024 in Hercules, California. Discount retailer reported first quarter earnings that fell short of analyst expectations with net sales of $1.009 billion compared to $1.124 billion one year ago. (Photo by Justin Sullivan/Getty Images)

Big Lots Announces Filing For Chapter 11 Bankruptcy

Big Lots representatives stated on Monday that it has officially filed for Chapter 11 bankruptcy for protection from its massive debts, with the retailer citing “inflation and high interest rates” as reasons for filing.

FILE PHOTO: Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. REUTERS/Mike Segar

Nasdaq, S&P gain on megacap boost in lead up to inflation report

The S&P 500 and the Nasdaq rose on Tuesday as most megacap stocks gained, with focus now moving to key inflation data later this week.

An attendee takes a photo of the new iPhone 16 as Apple holds an event at the Steve Jobs Theater on its campus in Cupertino, California, U.S. September 9, 2024. REUTERS/Manuel Orbegozo/File Photo

Apple’s iPhone 16 faces rising challenges with AI delay and growing Huawei competition

Apple’s new iPhone 16 failed to excite investors with long-expected AI features still in test mode even as an industry-first tri-fold phone from Huawei raised the stakes.

WASHINGTON, DC - SEPTEMBER 10: Images of the 13 American service members who died in the suicide bombing at Hamid Karzai International Airport in Afghanistan sit on display ahead of a Gold Medal Ceremony in the U.S. Capitol Rotunda on September 10, 2024 in Washington, DC. Senate and House leadership will attend the ceremony along with families of the 13 fallen service members. (Photo by Anna Moneymaker/Getty Images)

Congress Honoring The 13 Service Members Killed In Afghanistan Withdrawal

Senate Majority Leader Chuck Schumer and House Minority Leader Hakeem Jeffries will attend the Congressional Gold Medal Ceremony on Tuesday honoring the 13 service members who were killed in the botched Afghanistan withdrawal.