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Lights Out For Sleep Number, Shares Crash On Potential Bankruptcy Filing
Lights Out For Sleep Number, Shares Crash On Potential Bankruptcy Filing
Sleep Number Corporation shares crashed after multiple outlets, including The Wall Street Journal and Bloomberg, reported that the mattress and bedding retailer is preparing to file for Chapter 11 bankruptcy.
WSJ said that Sleep Number is "expected to use the Chapter 11 process to restructure its balance sheet while continuing operations. The reorganization could also include a potential sale of the business."
As of late 2024, Sleep Number had 640 retail stores across the US, with a footprint actively shrinking in...
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Mar 27, 2026 / Tyler Durden
Johnson To Advance New 60-Day DHS Funding Package But Schumer Says DOA
Johnson To Advance New 60-Day DHS Funding Package But Schumer Says DOA
House Speaker Mike Johnson agreed to put a short-term DHS funding package on the floor
The resolution would fund all of DHS, including ICE and CBP
It would replace the Senate-passed bill on the House floor
Chuck Schumer says it's 'DOA'
Update (1340ET): After meeting with the Freedom Caucus, House Speaker Mike Johnson (R-LA) has agreed to advance a 60-day continuing resolution (CR) to the House Floor, which would fund all of DHS - including ICE and CBP - in lieu of the narrower Senate-passed bill. This...
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Mar 25, 2026 / Tyler Durden
TACO Vs TAW: Fade This (Equity) Rally
TACO Vs TAW: Fade This (Equity) Rally
Authored by Peter Tchir via Academy Securities,
Ceasefire?
The U.S., via Pakistan, and apparently consistent with negotiations being carried out by Witkoff and Kushner, has delivered a 15 point agreement for a ceasefire.
Markets responded with oil down (Brent futures, at 5:30 am are back down below $100, from a high of $105 on Tuesday).
Stock futures and treasuries are rebounding as well (even the 2-year, after the drubbing it took after yesterday’s auction noticeable for an absence of “direct” bids).
Many of the Polymarket Strait of Hormuz “prediction”...
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Aug 16, 2026 / Tyler Durden
How Americans Spend Their Time On Weekdays Vs Weekends
How Americans Spend Their Time On Weekdays Vs Weekends
The rhythm of American life changes significantly when the workweek ends.
Weekends and holidays bring more time for rest, recreation, chores, and social connections. At the same time, work and education occupy a much smaller share of the day.
This visualization, via Visual Capitalist's Niccolo Conte, shows how Americans aged 15 and older redistribute their time between weekdays and non-workdays.
The data for this visualization comes from the U.S. Bureau of Labor Statistics’ American Time Use Survey.
Work Gives Way to Free Time
Work accounts for the...
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