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In an age when consumer loyalty is critical, United Airlines’ recent decision to hike fees for annual airport lounge memberships and rewards credit cards raises eyebrows and alarms. While Richard Nunn, the chief executive of United’s MileagePlus loyalty program, assures that “the value increments and the benefits… outweigh any increase,” one must ask: are we
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Morgan Stanley’s chief investment officer, Mike Wilson, recently hinted at a significant turnaround for U.S. stocks after a dismal period. While there’s excitement about potential gains, one must wisely interrogate this optimism. A “low-quality rally,” as Wilson describes the current upward trend, raises flags over the sustainability of such movements. The echoes of a short
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