Retail sector stock prices climbed 1.4%, boosted by consumer confidence index hitting The company says it is investing heavily in lounges, including opening new ones in Amsterdam, Salt Lake City, and Newark. They are also launching a smaller "sidecar" lounge concept in 2026. Ewen, from The Points Guy, pooh-poohs the lounge as part of the consumer equation, telling me it's a "nice value-add above and beyond the monetary value I'm getting from my card." Rossman reminds me that while travel-rewards cards "get all the headlines," more basic cash-back cards are actually Americans' favorite type of card. The price-to-book (P/B) ratio is widely favored by value investors for identifying low-priced stocks with exceptional returns. The ratio is used to compare a stock’s market value/price to its book value. Gold prices held steady at $2,045/oz. Value investing book analysis sees this as stability for miners with low all-in sustaining costs, balancing portfolio risk against market volatility.
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