TheStreet

For years, companies have developed search engines after search engines, vowing their products would topple Google's dominance. With little success. Google, owned by Alphabet, remains the dominant player in search with a 91% share. One reason for its dominance: It's embedded in the software of just about all smartphones. But a new player is starting to develop its own search engine.

Homeownership is often seen as the cornerstone of success and fulfilling the “American Dream.” However, housing market conditions have pushed that milestone further out of reach for many Americans, particularly Millennials. Older Millennials were still early in their careers during the 2007–2008 Financial Crisis and were hit by financial hardship again in 2020 during the COVID-19 pandemic. The rapid succession of financially challenging events has set Millennials off track compared to their Baby Boomer and Gen X counterparts when they were at the same age. Due to these constraints, Millennials hold the largest share of outstanding student loans and the highest number of credit card delinquencies. Though homeownership is commonly thought of as a major life milestone, it may not be feasible for some. More:

While American Airlines has previously hoped to improve profits through discounting and attracting business travelers, neither strategy provided the desired results. On July 25, the Fort Worth-based airline cut its profit forecast to between $0.70 and $1.30 a share — a significant drop from the $2.25 to $3.25 it forecast in April and below analyst expectations of $1.10 to $2.60. It further estimated a revenue drop of up to 4.5% in the third quarter. The $717 million in net income it reported in the second quarter is a 46% drop from a year ago. In explaining the results to investors, American CEO Robert Isom put the blame toward "prior sales and distribution strategy" and "an imbalance of domestic supply and demand" — in particular, the strategy to win over customers from competitors by aggressive discounting that was spearheaded by previous Chief Commercial Officer Vasu Raja. American announced that it was parting ways with Raja back in May. More:

Cathie Wood, head of Ark Investment Management, has been known to trade one side of a favorite stock (buy or sell) and then trade the other side a few months later. But rarely does she buy and sell a stock in the same week. That’s what happened in recent days. And there might be a good reason why.

With new car prices at an all-time high, many buyers flock to the classifieds and dealership pre-owned departments. However, prices aren't faring much better than the ones on the other side of the showroom. Data from a new study by iSeeCars shows that used cars — specifically cars that are ten years old and older have increased significantly over the past ten years.

* We are boosting our price target for ServiceNow by $60. * NOW shares are popping on its June-quarter results, but also short-covering. * We reiterate our Two rating given share-price gains, but will revisit once short-covering ceases. #stocks #investing #AI TheStreet

It's not about the number of hours in the day; it's how you use them. How often do you get to the end of the day and wonder where all of your time went? Every day? You're not alone. While none of us can add more time to the day, we can all do a better job utilizing the time we do have. Here's a simple hack to help you get more productive. TheStreet's 'Why Are We All So Tired?' is sponsored by 5-hour Energy's" Summer of No FOMO." #WhySoTired #5hourENERGY

Larry Culp has no doubts about his company's future. "Our purpose has never been clearer," the CEO of GE Aerospace said during the company's second-quarter earnings call. "To invent the future of flight, lift people up and bring them home safely. Those last four words, bring them home safely, is a serious responsibility." While the company made progress in services in the quarter, Culp acknowledged that new problem has arisen, causing it to drop 20% sequentially. More:

For generations, Dallas-based Southwest Airlines has stood out from other airlines by not assigning seats but letting travelers board in groups and then choose from whatever is available. However, while open seating earned Southwest the loyalty of many travelers, it has also cost the airline profits, given that seat selection is a profit stream that many carriers rely on. Amid a string of worse-than-expected earnings reports, chief executive Bob Jordan previously said that the airline was "exploring new initiatives" and changes to "the way we seat and the way we board our aircraft." More:

In 2018, Forbes listed the multi-hyphenate actor, director, and screenwriter’s net worth at an impressive$239 million. He ranked #2 on Forbes' Celebrity 100 list that year due to the sale of Casamigos, the tequila brand he co-founded with Rande Gerber and Michael Meldman, which was scooped up by Diageo for a cool $1 billion. And while Clooney’s reign only lasted a year — Forbes noted that he fell off the Celebrity 100 list in 2019 — online sources state that his wealth has only grown since. Here's what he's worth now.