This ETF strategy may help investors skirt market concentration risk
Economy

This ETF strategy may help investors skirt market concentration risk

Investors worried about concentration risk in the market may want to consider value-oriented investments. Avantis Investors chief investment strategist Phil McInnis suggests taking a more diversified approach than simply looking at index funds such as the S&P 500 . He thinks his firm’s exchange-traded fund strategy can provide better returns in the long run, emphasizing […]

Nordstrom raises sales outlook after holiday season was better than feared
Economy

Nordstrom raises sales outlook after holiday season was better than feared

Shoppers walk into a Nordstrom department store in Austin, Texas, on March 3, 2023. Brandon Bell | Getty Images Nordstrom on Friday raised its full-year sales outlook, after holiday shopping at its stores and on its website came in stronger than the department store’s cautious expectations. The company stuck by its profit guidance despite the […]

McDonald’s to close three CosMc’s locations — and open two more
Economy

McDonald’s to close three CosMc’s locations — and open two more

A sign hangs outside of a CosMc’s restaurant, a concept recently launched by McDonald’s, in Bolingbrook, Illinois, on Dec. 11, 2023. Scott Olson | Getty Images McDonald’s will shutter three locations of its drinks-focused spinoff brand, CosMc’s. To test the concept, the fast-food giant opened its first CosMc’s location more than a year ago in […]

Airlines extend travel waivers due to LA wildfires
Economy

Airlines extend travel waivers due to LA wildfires

In this aerial view taken from a helicopter, burned homes are seen during the Palisades fire in the Malibu area of Los Angeles county, California, on Jan. 9, 2025. Josh Edelson | Afp | Getty Images Airlines have extended travel waivers for Los Angeles airports as wildfires continue to burn in the area. American Airlines […]