Jet fuel supply concerns grow as war with Iran drags on, airlines cut flights
[ad_1] A Lufthansa passenger aircraft is parked at a gate while a SASCA fuel truck services it on the apron at Toulouse Blagnac Airport in Blagnac in Occitanie in France on March 15, 2026. Isabelle Souriment | AFP | Getty Images The surging price of jet fuel isn’t the airline industry’s only problem. Now, it’s […]
Oil prices rise as Trump reaffirms Tuesday deadline for bombarding Iran’s power plants, bridges
[ad_1] A drone view of oil storage containers and facilities of the TotalEnergies refinery in the Leuna Chemical Complex, in Leuna, Germany, March 17, 2026. Annegret Hilse | Reuters Oil prices edged higher after U.S. President Donald Trump doubled down on his threats to attack Iran’s civil infrastructure, warning that the nation will be “taken out in […]
AI data center boom ‘stress tests’ insurers as private capital floods in
[ad_1] AI data centers are becoming a “stress test” for insurers as rapid technological advancements and the use of increasingly complex financial structures present a unique set of challenges and opportunities for the sector. Global spending on data centers could reach $7 trillion by 2030, according to McKinsey, and much of that spending can no […]
Polymarket removes wagers on U.S. service member rescue mission in Iran
[ad_1] Polymarket removed a forum related to the rescue mission of U.S. military servicemembers amid political pressure, the latest sign of mounting scrutiny around prediction markets. U.S. and Iranian military forces are searching for a missing American airman after its F-15E fighter jet was shot down over Iran on Friday. One crew member has been […]
Basic business class is here with new, stripped-down United Polaris fares
[ad_1] United Airlines new Polaris seat on one of its Boeing 787 Dreamliners Leslie Josephs/CNBC Does it matter where you sit if you’re sipping Champagne in first class? United Airlines is betting that for some travelers looking for luxury at a discount, it doesn’t. The carrier is launching new, cheaper tiers for its top-end Polaris […]
U.S. payrolls rose by 178,000 in March, more than expected; unemployment at 4.3%
[ad_1] “TSA Is Hiring” signage at Philadelphia International Airport (PHL) in Philadelphia, Pennsylvania, US, on Monday, March 23, 2026. Matthew Hatcher | Bloomberg | Getty Images The U.S. labor market bounced back in March, with job creation much stronger than expected though the broader picture of a slow-growth labor market held intact. Nonfarm payrolls rose […]
The March jobs report will be released on Friday. Here’s what to expect
[ad_1] A “Help Wanted” sign hangs in restaurant window in Medford, Massachusetts, U.S., January 25, 2023. Brian Snyder | Reuters Nonfarm payrolls are expected to bounce back — barely — in March as the bar keeps getting lower for what constitutes a healthy labor market. The U.S. economy is projected to show job gains of […]
Oracle stock rises in premarket on plans to cut thousands of jobs
[ad_1] Oracle Corp. signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Dec. 31, 2025. Michael Nagle | Bloomberg | Getty Images Oracle rose in premarket trading on Wednesday as the multinational tech conglomerate looks to cut thousands of jobs to free up cash to build AI […]
JetBlue Airways raises checked bag fees at least $4 as fuel prices soar
[ad_1] A JetBlue Airways Airbus A321 airplane departs from Los Angeles International Airport en route to New York on Oct. 17, 2025. Kevin Carter | Getty Images JetBlue Airways is raising bag fees at least $4 as jet fuel prices soar amid the Iran war. Airfare has climbed for routes around the world since the […]
Powell sees inflation outlook in check, no need to hike rates because of oil shock
[ad_1] Federal Reserve Chair Jerome Powell, in a wide-ranging talk at Harvard University, said Monday that he sees inflation expectations as grounded despite rising energy prices so the central bank doesn’t need to respond with higher interest rates. As his term leading the central bank nears an end, Powell avoided questions about the longer-term direction […]