Engaged Capital might have the recipe to build value for shareholders at Portillo’s

The restaurant chain, famed for its chocolate cake shakes and hot dogs, could be poised for a turnaround now that Engaged Capital is in the mix.

Treasury yields slip after mild producer-price reading for December January 14, 2025
Treasury yields were broadly slipping Tuesday morning after a milder-than-expected reading from the December producer-price index, though the 30-year rate briefly moved to the edge of 5%.
Large-cap U.S. stocks may be heading for a lost decade, this contrarian warns. What to buy instead. January 14, 2025
Contrarian investor Steven Jon Kaplan says he won’t be buying large-cap U.S. stocks for a decade possibly, as he sees bubble signs everywhere.
Is the recent uptick in inflation cresting? Wholesale prices posts smaller-than expected increase. January 14, 2025
Wholesale prices in the U.S. rose modestly in December in a reprieve from a string of elevated inflation in the final months of 2024 that have likely put off any further reductions soon in interest rates.
Your cash emergency fund probably isn’t going to cut it in this economy January 14, 2025
The amount of time people spend looking for a new job in the U.S. has grown lengthier — yet most people have not adjusted their savings to account for that.
‘I’m not ready to give up’: Amber Ugarte’s Malibu home burned to the ground. So why is she so hopeful about her future? January 14, 2025
“The memories still exist,” Ugarte says, “but the property does not.”
Can Elon Musk save TikTok? Here’s what a potential deal could look like. January 14, 2025
One analyst thinks a deal for TikTok’s U.S. operations could come at a $40 billion to $50 billion price — but without the algorithm.
Brown-Forman laying off 648 people after stock price hits 10-year low and sales decline January 14, 2025
Jack Daniels whiskey maker Brown-Forman Corp. said Tuesday it would cut 12% of its work force or about 648 jobs in the face of a 10-year-low in its stock price and four straight quarters of declining sales.
Why Nvidia’s stock is likely to leave the bears stranded again in 2025 January 14, 2025
Strength in data center GPUs, networking, services, and emerging products put Nvidia in an enviable position.
My 90-year-old parents’ neighbor is friendly, nice and, I suspect, a predator. Am I wrong? January 14, 2025
“He tells my parents to ignore me when I suggest that it’s time to look into senior-living situations.”
Invest now in self-driving cars, AI and robotics — and avoid all crypto except bitcoin January 14, 2025
A look at tech and social trends that will likely make the most money for investors by 2030.