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Malaysia Joins F1 2026 Calendar As Host Of Bahrain Grand Prix

July 26, 2026 MMN Editor Filed Under: Uncategorized

The Bahrain Grand Prix will be rescheduled to take place in October at the Sepang International Circuit in Malaysia.

Amazon’s quiet $60 dehumidifier manages up to 1,000 square feet

July 26, 2026 MMN Editor Filed Under: Uncategorized

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.Along with higher temperatures, summer brings with it higher electric bills and oftentimes higher humidity. That’s why it’s helpful to have a device that can address all three of those issues simultaneously. Some people shop for separate items to handle each of those issues individually. However, if you’re not able to find what you need with this technique, you may be stuck with many other people who dread the onset of summer simply because of what it means for their monthly budget.For starters, this summer has already seen record temperatures, and this trend doesn’t appear to be waning. If you want to fully enjoy your summer, you have to find a way to address the heat problem. What’s more, energy prices continue to surge, so any way to help reduce your electric bills should be at the top of your to-do list. Humidity is an issue that exacerbates both of these issues because it adds an extra layer of discomfort on top of the heat, and it forces your air conditioning unit to work overtime. Luckily, there is in fact a single device that can address all three of these challenges, and Amazon is currently selling it at a discount.What does a dehumidifier do?Of course, dehumidifiers are a great way to deal with humidity, but they also reduce heat and help you get the most out of your AC unit. That’s why they’re such popular summertime buys. To state it simply, a dehumidifier extracts excess water from the air around it. Summer temperatures are naturally higher than the rest of the year, which means your air conditioner has to work harder. One way to ensure a lower overall temperature in your home without increasing the output of your AC unit is through the use of a dehumidifier. Because a dehumidifier removes excess ambient moisture, your air conditioner doesn’t have to work overtime to remove humidity and reduce the temperature. That factor also reduces energy consumption by your temperature control unit. If your HVAC is not working as hard as it would without a dehumidifier, then its power consumption is reduced. In essence, running an air conditioner in conjunction with a dehumidifier increases the efficiency of the AC unit, which utilizes less electricity. Lower electricity usage equals lower energy bills, and that’s especially welcome in the hot summer months.Finally, overall comfort and a reduced “feels like” temperature are possibly the most important results of using a dehumidifier. High humidity causes slower evaporation of your skin’s sweat. That in turn makes the temperature feel much warmer than it actually is. Reducing the humidity in a room will instantly create a more comfortable and cooler environment for everyone. Ultimately, that’s the most valuable aspect of using a dehumidifier in the hot summer doldrums.Bedred Quiet Dehumidifier

Courtesy of Amazon

Check price at AmazonThe Bedred Quiet Dehumidifier is a wonderful option for anyone looking to improve their summertime comfort and energy spending. It can pull an impressive 95 ounces of moisture from the air before needing a changeover. The machine is designed to handle a room of up to 1,000 square feet, which should be more than enough for most homes. It has a quiet operation feature and an automatic shut-off timer. Both of these functions make it ideal for use when sleeping, which is one of the most vital times for you to be at your most comfortable.In addition to all the aforementioned practical features of the dehumidifier, it also has a nice added treat. There is a built-in multicolored LED light that constantly changes hues when turned on. Not only does this add to the ambience of any room where the dehumidifier is placed, but it also has a more useful result. It offers the perfect amount of ambient light at night, which can serve as a nightlight for scared little ones or just an easy way to light your path to the restroom, avoiding painful toe stubs. More dehumidifiersIf the Bedred Quiet Dehumidifier isn’t the right choice for you, Amazon and Walmart both have plenty of other options. Whether you’re looking for something with an extremely large capacity or you just want a small unit for your home office, you’re likely to find it at one of these retailers. However, most of the dehumidifiers that go on sale don’t last very long, so you’re probably better off buying one sooner rather than later.Pro Breeze 50-Pint Dehumidifier

Courtesy of Amazon

Check price at AmazonLuko 2,000 Square-Foot Dehumidifier

Courtesy of Amazon

Check price at WalmartDuracomfort Dehumidifier with Pump

Courtesy of Walmart

Check price at WalmartPro Breeze Mini Portable Dehumidifier

Courtesy of Walmart

Check price at WalmartTheStreet Shopping is your guide for shopping insights and advice. We look beyond the price tag to find the best value in home, tech, and wellness gear based on product features and real-world use. Read more about our Editorial Standards and How We Choose Our Shopping Deals.

Suze Orman warns of a 401(k) match error costing workers

July 26, 2026 MMN Editor Filed Under: Uncategorized

Contributing regularly to workplace 401(k) plans is widely viewed as a responsible step toward building long-term retirement security.Yet a costly mistake hidden within those routine paycheck deductions can erode a household’s combined retirement savings year after year without attracting much attention.Personal finance expert Suze Orman flagged the problem in a blog post on July 23, drawing on recent findings from Boston College retirement researchers.Her warning challenges a common assumption that two working spouses saving into their own separate plans are automatically making the most of their employer benefits. Which account gets funded first is what determines the outcome, not how much a couple saves.The $757-a-year mistake in married couples’ 401(k) plansThe Center for Retirement Research at Boston College published a June 2026 brief examining how married couples handle retirement plan contributions across two different workplaces. About one in five couples where both spouses have access to a plan fail to coordinate how they divide their retirement savings, the brief found.Those couples forgo an average of $757 each year in employer matching contributions they could have captured without saving an additional dollar of their own. That forgone match represents approximately 13% of those couples’ total annual retirement contributions, a significant share of their combined savings, the study found.Over a full career, the compounding effect of missed matching dollars makes the long-term damage far worse than the annual shortfall alone. The brief’s simulation estimated that couples who never correct the imbalance can expect about $14,000 less in combined retirement wealth by age 65.For couples at the 90th percentile, the lifetime cost of failing to coordinate exceeds $40,000 in total lost retirement savings, the researchers calculated.How different employer match formulas create the 401(k) coordination gapThe problem grows out of a basic structural feature of employer retirement plans: no two companies use the same formula for matching worker contributions.One spouse might receive a dollar-for-dollar match on the first 3% of salary, while the other receives a 50-cent match up to 6%, Orman wrote. More Retirement:Vanguard drops playbook on retirement incomeVanguard warns workers losing thousands in 401(k)sFidelity’s wake-up call on Social Security, IRAs, and 401(k)sBoth formulas provide a benefit, but the dollar-for-dollar match produces a higher immediate return on every contribution dollar the employee puts in.A couple that splits contributions evenly without comparing both formulas will capture less total employer money than one that funds the richer match first. The difference is matching money that the employer was prepared to contribute, but the household never claimed, Orman wrote in her blog post.”They think about retirement savings individually, not as a household system,” Jeff Judge, managing partner at Chesapeake Financial Planners, told Money.

Couples can boost retirement savings by prioritizing the stronger 401(k) employer match instead of splitting contributions evenly between accounts.shapecharge/Getty Images

What prevents couples from coordinating their 401(k) contributionsThe Boston College researchers built a matched employer–employee dataset covering approximately 500,000 couples by linking IRS tax filings with Department of Labor Form 5500 records from more than 6,000 defined contribution plans. They supplemented the analysis with a custom survey of 1,000 married individuals to examine the factors behind their findings.Evan Potash, Executive Wealth Management Advisor at TIAA Wealth Management, told Money magazine that the coordination failure is often a matter of awareness rather than intent, since many couples do not realize they are forgoing employer matching dollars until someone points it out.Sometimes life can get in the way. People can’t act if they aren’t aware they are missing out on their full employer matchThe problem splits nearly in half between accidental oversights and deliberate choices tied to low marital commitment and misperceptions about how retirement assets are divided in a divorce, the brief found. More than one-third of surveyed respondents wrongly believed they would keep their own retirement accounts if a marriage ended.Couples with joint bank accounts, shared mortgages, or children were significantly less likely to forgo available matching dollars, the study found.Orman’s approach to fixing the 401(k) coordination gap for couplesOrman framed the fix as coordination rather than consolidation, urging couples to stop treating the two accounts as separate and start treating them as part of one household retirement strategy. Couples need to compare both plans’ matching formulas at least once a year, then direct contributions first to the more generous match, Orman wrote. After that match is fully captured, the remaining retirement dollars can flow into the second spouse’s plan for additional employer contributions, she added.Employers can alter their matching formulas from year to year, and a job switch by either spouse can reshape the household math entirely, Orman noted. She recommended an annual review of both plans to ensure the strategy stays current and aligned with whatever both employers are offering.Capturing the full 401(k) match is only the first retirement savings stepOrman stressed that capturing every available matching dollar is the highest priority for couples with limited savings capacity, but not the ultimate retirement goal. The broader target for most workers is saving approximately 15% of annual pay toward retirement, with employer matching contributions included in that figure, she wrote.Average employer matching contributions reached a record high of 4.7% of salary in 2025, Vanguard’s How America Saves 2026 report confirmed. Combined with employee deferrals, the average total savings rate hit 12.1%, a figure that falls within the range retirement researchers recommend for long-term security.For households on a tight budget, maximizing the match across both plans adds retirement wealth without requiring the couple to increase personal contributions, Orman emphasized.Related: Suze Orman says this 401(k) habit is quietly hurting parents

After 80 stores close, 63-year-old chain gives Chapter 11 warning

July 26, 2026 MMN Editor Filed Under: Uncategorized

When a retailer sells a product people no longer want or need at the same level they once did, it becomes challenging for that retailer to operate. Yes, you can cut expenses and close stores, but if customers aren’t buying, no amount of frugality will keep the doors open.That’s a challenge facing any chain serving the luxury market, as Americans have cut back on discretionary spending. Luxury shoppers’ optimism about the economy continues to decline, driven by global financial uncertainty and market volatility, according to the latest Saks Global Luxury Pulse survey.”The survey, conducted between April 24 and April 28, found that only 28% of respondents reported feeling optimistic about the economy. That represents a 13 percentage point decline since the prior survey fielded in January, and a decline of 17 percentage points compared to last year,” according to the report.It’s bad news for Leslie’s Pool Supply. The company closed 80 locations in March, but it hasn’t been enough to stem the bleeding. Now, the retailer faces a possible Chapter 11 filing, according to a report from Bloomberg.Leslie’s Pool Supply reported positive Q2 results When Leslie’s reported second-quarter earnings in May, the company seemed to have turned the corner.”Compared to last year, in the second quarter, we delivered overall revenue growth of 4.3%, a comparable sales increase of 6.6%, improved year-over-year adjusted EBITDA by 26% and registered total customer count growth of 8%,” shared CEO Jason McDonell. Those numbers followed the chain making a number of cuts during the first quarter.Leslie’s announced the closure of approximately 80 underperforming stores as part of a cost-reduction and operational restructuring plan during Q1 fiscal 2026, according to its Q1 earnings release. The company also closed one distribution center (Illinois) to streamline its supply chain and reduce expenses, which it also included in its Q1 filings. Leslie’s recorded approximately $10.1 million in non-cash impairment charges related to store and asset closures, the company reported. For Q1 fiscal 2026, Leslie’s reported a net loss of about $83 million and sales down roughly 16% year over year, citing weak demand and margin pressure, it shared in SEC filings.The chain, which has moved more of its sales to a digital model after closing the stores mentioned above, also cut its loss from the first quarter.”Net loss for the second quarter was $52.5 million compared with a net loss of $51.3 million in the second quarter of the prior year. Adjusted net loss in the second quarter was $50 million compared with an adjusted net loss of $48.3 million in the second quarter of the prior year,” according to CFO Jeffrey White.

Pools are a luxury item.Shutterstock

Leslie’s Pool Supply faces bankruptcy Leslie’s executives did not mention a potential Chapter 11 filing during the earnings call.Bloomberg’s report, which cites unnamed “people familiar with the matter,” said Leslie’s is looking at “a range of strategic options” to address its debt load, including restructuring its debt through Chapter 11.In addition, Bloomberg reported, Leslie’s has a $756 million term loan due in 2028 that is being quoted at about 39 cents on the dollar.While Leslie’s is reportedly talking about Chapter 11, Bloomberg’s sources stated that the discussions are “ongoing” and that “no final decision has been made.””Leslie’s reportedly brought on Centerview Partners LLC and Simpson Thacher & Bartlett to advise the company through the debt negotiations. A group of creditors hired Houlihan Lokey and Akin Gump Strauss Hauer & Feld,” according to Phoenix Business Journal.Leslie’s Pools has struggled financiallyLeslie’s Pools has faced recent financial challenges with its stock listing.“The company’s stock performance has been under pressure throughout 2025, culminating in its removal from the S&P SmallCap 600 index earlier this year,” Pool Magazine, a leading publication covering the pool industry, shared.This isn’t the only sign that investors have lost confidence in the company.“Being part of the S&P SmallCap 600 gives a company visibility, provides passive fund support, and signals investor confidence. Losing that standing means Leslie’s no longer met benchmarks for market cap and liquidity — a clear sign the stock has struggled to maintain momentum,” the magazine added.S&P Global Ratings has downgraded the issuer credit rating of U.S. specialty pool supply retailer Leslie’s Poolmart Inc. from “B” to “B-” due to weaker-than-expected business prospects for fiscal 2025, according to Investing.com.Related: 140-year-old mall retail giant only has 5 locations left

Place-Based Corporate Leadership Is Working. Detroit Is The Proof.

July 26, 2026 MMN Editor Filed Under: Uncategorized

The Rocket Classic ends, but Rocket’s $500 million commitment to Detroit is ahead of schedule. Why place-based corporate leadership works, and what protects it.

Nine Out Of 10 Leaders Say Life Skills More Important Than AI/Technical Skills

July 26, 2026 MMN Editor Filed Under: Uncategorized

AI is changing the workplace, but life skills still matter most. New research shows why emotional intelligence, leadership and problem-solving outperform AI skills alone.

Goldman says ServiceNow is writing a totally new playbook

July 26, 2026 MMN Editor Filed Under: Uncategorized

Seven years ago, on an earnings call, ServiceNow CEO Bill McDermott promised the company would become the defining enterprise software company of the 21st century, according to a transcript published by Benzinga.That promise rested almost entirely on IT ticket routing, the unglamorous software that logs a broken laptop or a locked account. It was a modest foundation for such a large claim.This year tested that promise in a way McDermott could not have foreseen. Enterprise software spent the first half of 2026 gripped by what Fortune called a “SaaSpocalypse,” the fear that AI agents could simply perform the work software licenses used to gate.If an autonomous agent can resolve a support ticket on its own, the logic went, why keep paying per seat for the software that used to route it to a human?ServiceNow absorbed that fear directly. Shares had fallen close to 50% over the prior year heading into the company’s second quarter report. Wall Street was not debating whether ServiceNow made good software. It was debating whether AI made the entire subscription model obsolete.The company reported second-quarter results on July 22, beating estimates on revenue, earnings, and bookings, according to the company’s earnings release.“Q2 was an outstanding quarter that highlights ServiceNow’s broad based demand,” said ServiceNow President and CFO Gina Mastantuono in the release.Subscription revenue rose 24.5% year over year to $3.877 billion, and NOW shares initially fell before recovering after hours as investors digested the numbers.Two days later, Goldman Sachs raised its price target on the stock to $152 from $145 while keeping a buy rating, according to a Goldman Sachs research note shared with TheStreet.That target reboot did not lean on the subscription beat. Goldman analysts led by Gabriela Borges wrote that the single biggest driver of a ServiceNow rerating will be whether the company proves its relevance inside the enterprise AI stack, not whether it keeps beating quarterly guidance. That distinction reframes what investors should actually be tracking.The ServiceNow $1 billion AI milestoneServiceNow’s AI annual contract value crossed $1 billion for the first time this quarter, and Goldman noted the company reiterated confidence in exceeding a $1.5 billion target by the end of 2026.That pace also puts ServiceNow ahead of its own long-term goal of AI reaching 30% of total ACV by 2030.Goldman views that AI revenue as more valuable than a comparable dollar of core workflow revenue, because AI deployments deepen customer entrenchment and create room for future consumption growth.Net new AI bookings grew more than 40% quarter over quarter, and the number of customers running AI in production increased ninefold over nine months. Deal volume among first time AI buyers grew 45% year over year.

Goldman Sachs raised its ServiceNow price target to $152 after AI annual contract value crossed $1 billion in the second quarter.Bloomberg / Getty Images

Automating the IT help deskServiceNow’s Level 1 IT service management product went generally available in May and now resolves 80% to 85% of service requests without human intervention, Goldman’s note revealed.That statistic matters because it is happening inside the same category that built the company’s original business, not a bolted-on side project.More AI:Workers just sent AI companies an ultimatumPalantir CEO has a blunt verdict on OpenAI and AnthropicElon Musk pulls no punches with AI rivals as Grok 4.5 debutsThe bank also flagged a new voice capability, citing one airline customer now routing all customer service calls, roughly 5 million annually, through ServiceNow’s Voice AI.As agents take on more complex tasks, Goldman expects assists and consumption to rise, which is where the actual monetization shows up.The Guggenheim counterpointGuggenheim’s John DiFucci upgraded the stock to buy on July 1 for the opposite reason Goldman is bullish.He expects AI monetization to disappoint and still views AI as a real threat to the software model, according to TIKR. He upgraded purely because the stock had gotten too cheap.Related: ServiceNow’s quiet $1B cybersecurity boomGoldman’s own note lists disintermediation by competing AI technologies as a named downside risk, alongside elongated sales cycles and federal spending delays.McDermott has already previewed his rebuttal to that exact fear. “We don’t need Lamborghinis to deliver the mail,” he told Fortune, arguing most enterprise AI runs on cheaper, purpose-built models rather than the frontier systems that bears worry will replace ServiceNow’s platform.In other words, the same bank raising the target is also naming the scenario in which the thesis fails.Which companies get to keep their multiple?ServiceNow’s stock has now had one violent post-earnings drop and one sharp rally within the same year, evidence that investors have not settled on how to value AI exposure in enterprise software.The company that once described itself as a ticket routing tool is now being priced on whether it becomes infrastructure that AI runs through, rather than a layer AI erases.That question extends well beyond one Santa Clara software company.Every enterprise vendor with a seat-based business model is now being asked to prove the same thing ServiceNow just tried to prove, and the next few quarters of AI ACV disclosures across the sector will show which of them actually can.Related: Bank of America spots ServiceNow’s overlooked AI advantage

Popular ETFs carry hidden tax rules that surprise retail investors

July 26, 2026 MMN Editor Filed Under: Uncategorized

Exchange-traded funds, or ETFs, are a popular choice for millions of investors. They allow investors to quickly gain exposure to many stocks, and unlike mutual funds, they offer intraday buying and selling (mutual funds can only be bought or sold at their closing price).Despite those advantages, ETFs may have different tax treatments depending on what they ownn and what type of account they are held in.Why ETFs are more tax-efficient than mutual fundsThere are a number of reasons that ETFs are generally more tax-efficient than mutual funds. Two main reasons are:The In-Kind Creation/Redemption Process. ETFs have a unique in-kind creation and redemption mechanism that helps reduce taxes for ETF shareholders holding the ETFs in a taxable account. The creation and redemption process occurs between the ETF and large institutional investors known as authorized persons or APs. This mechanism eliminates or reduces realized capital gains inside the ETF that would be taxable to existing shareholders at the end of the year.The in-kind creation and redemption mechanism allows the ETF fund manager to exchange underlying securities in the ETF with institutional investors, versus selling the securities for cash, as is the case with a mutual fund when they need to raise cash for large redemptions.In the latter case, this often triggers realized capital gains within the mutual fund, which are then passed on to existing shareholders. These gains are generally taxable to the mutual fund shareholders.  Lower turnover: Many ETFs are passive index funds tracking indexes like the S&P 500, the Russell 2000, and a host of others. Generally, these index ETFs do less trading than actively managed funds and generate fewer taxable capital gains.Note that, as there are more active ETFs and ETFs tracking investments like commodities, cryptocurrencies, and other alternatives, this tax advantage may not fully be there for these ETFs.Tips to manage ETF tax liabilityThere are a number of other ways investors can mitigate their tax liability on ETFs. A few suggestions include:Asset location. Proper asset location can help reduce your tax liability on your ETFs. Taxable accounts are generally best for broad market stock ETFs such as those investing in an index like the S&P 500 or a broad total stock market index.ETFs investing in fixed income that generate regular income, active stock ETFs that have high turnover in their holdings, as well as many alternative ETFs that generate ongoing income during the year, all might be good candidates for a tax-deferred account, such as an IRA, to limit your current year tax hit.Hold ETFs for more than one year. Not unique to ETFs, it can be a good idea to hold ETFs contained in taxable accounts for at least one year to ensure any capital gains from selling shares are taxed at favorable long-term capital gains rates. This needs to be balanced against investment considerations for the particular ETF and for the portfolio as a whole.Tax-loss harvesting. If you hold any ETFs or other investments that have underperformed and are currently in a loss position, they can be sold and the losses realized if held in a taxable account. These losses can be used to offset realized gains on other ETFs that you might hold in a taxable account.Charitable gifting of appreciated shares. As with many other types of investments, gifting appreciated shares of an ETF as a charitable contribution can not only keep you from having to realize capital gains, additionally for investors who can itemize deductions this is a way to reduce their overall taxes.

TradingView/TheStreet

ETFs offer a solid investing option for many investors. Understand the tax treatment of your ETFsDifferent types of ETFs have different tax structures. It’s important that you understand this tax treatment in the overall context of your financial objectives and your tax situation.ETFs that invest in physical metals such as gold and silver may be treated as collectibles for tax purposes. This would result in a higher long-term capital gains tax rate than with other investments.Commodity ETFs that use futures contracts as the investment vehicle are often structured as limited partnerships. That may subject these ETFs to the 60/40 rule where 60% of any capital gain or loss will be treated as long-term, the other 40% will be treated as short-term. This is regardless of the actual holding period.Currency ETFs are sometimes treated as grantor trusts, meaning all gains will be taxed as ordinary income.Leveraged and inverse ETFs often have high turnover and may also be subjected to the 60/40 treatment.As with anything you invest in, be sure to fully understand the tax implications of any ETFs you hold in your portfolio.Related: Vanguard ETFs offer bold escape from top-heavy S&P 500

Southwest Airlines CEO warns rising fuel costs will dampen EPS

July 26, 2026 MMN Editor Filed Under: Uncategorized

Southwest Airlines just posted one of its strongest quarters in years. Revenue hit a record, margins expanded, and earnings per share nearly doubled from a year ago.But there’s a catch. Jet fuel is getting more expensive, and it’s eating into the airline’s bottom line faster than expected.Southwest (LUV) CEO Bob Jordan and his team walked investors through the numbers on the company’s second quarter 2026 earnings call, held July 23. The message was mixed but honest: Demand is strong, the business is changing for the better, and fuel prices are still a real problem heading into the rest of the year.Southwest slashes full-year profit guidanceSouthwest now expects full-year 2026 adjusted earnings per share of $3.25 to $4.25. That’s a meaningful cut from its earlier guidance of at least $4.The reason comes down to one thing: fuel. Chief Financial Officer Tom Doxey said the company is looking at an estimated year-to-date fuel headwind of about $1.33 per share. Jet fuel averaged $3.92 per gallon during the second quarter, and that pushed fuel expense up by nearly $900 million compared to the same period last year.Even with that pressure, Jordan tried to frame the new range as a win, not a setback.”Even with an estimated year-to-date fuel headwind of approximately $1.33 per share, Southwest remains positioned to generate earnings that are broadly in line with our guidance at the beginning of the year.”In other words, the airline still expects to land close to where it originally promised investors, just with fuel eating a much bigger slice of the pie than planned.

Southwest Airlines CEO Bob Jordan is wary of fuel price hikes.Bloomberg/Getty Images

Fuel costs are a headwind for LUV stockFuel is one of the biggest expenses any airline carries, right alongside labor. When prices spike, it doesn’t take long to show up in profit numbers, since airlines can’t always raise ticket prices fast enough to keep pace.Doxey explained that Southwest doesn’t guide fuel prices directly. Instead, the company gives investors a snapshot based on the forward market on a specific day, in this case July 17, and lets people estimate from there.Related: Morgan Stanley resets Southwest Airlines stock price targetThe airline’s fuel procurement team has been working to soften the blow. Southwest gets roughly half its fuel from the Gulf Coast, and during the quarter, when West Coast prices spiked, the team shifted lower-priced Gulf Coast fuel out west to cut costs.”I love that our team did that,” Doxey said, crediting the strategy for helping keep Southwest’s fuel costs below some competitors’ during the quarter.Strong demand is helping offset the painEven with fuel costs rising, Southwest’s revenue engine is running hot.Adjusted unit revenue jumped 20.1% year over year in the second quarter, an all-time quarterly record for the company. Managed business revenue, which covers corporate travel, grew 30% year over year. And the airline’s loyalty program hit close to 100 million members, with new sign-ups up 35% from a year earlier.Jordan pointed to this as proof that Southwest’s product overhaul, including assigned seating, extra legroom options, and bag fees introduced over the past year, is working and not just a temporary bump.More Airlines:Airline shuts down, all flights grounded after accidentAnother global airline cuts US flights due to low demandAnother low-cost airline files for Chapter 11 bankruptcy”There is no deceleration in the strength and the demand, no deceleration in the strength in the revenues and the fares,” Jordan said, addressing concerns that momentum might be fading.He added that the company is seeing strength “across all sectors, all geographies,” which he called the broadest demand environment he’s seen in his career at the airline.What this means for the rest of 2026Southwest is guiding to third-quarter unit revenue growth of 17.5% to 19.5%. The number looks lower than it did in the second quarter, not because demand is slowing, but mainly because the airline is now comparing against the higher revenue base created by last year’s bag-fee rollout.On the cost side, the airline expects third-quarter costs per available seat mile, excluding fuel, to rise 3.5% to 4% year over year, with capacity remaining flat or down slightly.Southwest also reported liquidity of $5.3 billion, well above its target of about $4.5 billion, and generated close to $2 billion in operating cash flow during the first half of the year, despite the higher fuel bill.The bigger picture is that Southwest’s turnaround story is real. Revenue diversification, loyalty growth, and cost discipline are all showing up in the results. Still, fuel prices remain the wildcard that could keep shaping how much of that progress actually reaches shareholders by year-end.Related: Southwest Airlines leaves rivals flat-footed as bankrupt carrier folds

AEW Redemption 2026 Match Card, Start Time, Streaming Info

July 26, 2026 MMN Editor Filed Under: Uncategorized

AEW Redemption serves as the final stop before All In, and here’s the full match card, start time and streaming information.

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