Earnings poised to stoke confidence in a stock market that has rebounded to all-time highs. Here’s what’s ahead
[ad_1] Just as earnings season revs into full gear, the bulls have taken hold of Wall Street amid growing hopes the U.S.-Iran war will soon end. The S & P 500 and Nasdaq Composite rallied to all-time highs not breached since January this week on news that Iran will reopen the Strait of Hormuz for […]
Airline CEOs urged by lawmaker to lower fares if fuel prices come down
[ad_1] A JetBlue aircraft lands under the DC skyline featuring the U.S. Capitol building, near United Airlines, American Airlines and Delta Airlines aircraft on the tarmac at Ronald Reagan Washington National Airport in Arlington, Virginia, U.S. January 25, 2025. Jim Urquhart | Reuters A U.S. lawmaker is urging the CEOs of the country’s largest airlines […]
EasyJet’s stock drops 5% as the Middle East conflict, fuel costs weigh on bookings outlook
[ad_1] EasyJet‘s stock fell on Thursday after the European airline warned the Iran war and higher fuel prices are weighing on customer bookings. The group said it took on roughly £25 million ($34 million) in additional fuel costs in March alone as global oil prices soared, and it expects airline costs to remain tied to […]
What a United-American merger would mean, from antitrust hurdles to airfare
[ad_1] American Airlines and United Airlines airplanes at the Terminal A at Newark Liberty International Airport (EWR) in Newark, New Jersey, US, on Thursday, Jan. 12, 2023. Aristide Economopoulos | Bloomberg | Getty Images United Airlines CEO Scott Kirby reportedly floated the idea of a potential tie-up with rival American Airlines to the Trump administration […]
Fed nominee Warsh filings detail vast wealth, far exceeding past chairs
[ad_1] Kevin Warsh’s wealth eclipses that of all recent Federal Reserve chairs, newly released financial disclosure forms show. Warsh is President Donald Trump’s nominee to succeed Federal Reserve Chair Jerome Powell. His financial filings show that Warsh has holdings of approximately $131 million to $209 million, plus hundreds of millions in additional assets held by […]
BlackRock raises view on U.S. stocks on belief that war is over, profits are up
[ad_1] A sign is posted on the exterior of a BlackRock office on Jan. 15, 2026 in San Francisco, California. Justin Sullivan | Getty Images Asset management giant BlackRock raised its outlook for U.S. stocks, reasoning that contained impacts from the Iran war and strong corporate earnings will create a favorable backdrop for domestic equities. […]
Delta Air Lines unveils first new Delta One suite in premium cabin arms race
[ad_1] Delta A350 fleet renderings with the next-generation Delta One suite cabin. Courtesy: Delta Delta Air Lines on Monday unveiled an updated Delta One suite for some of its longest-haul planes, marking its first refresh of the top-tier seat in a decade as airline competition for well-heeled travelers ramps up. The new suites, which Delta […]
Earnings season could finally give the stock market some good news. Here’s what’s ahead
[ad_1] Investors are hopeful that first quarter earnings can help the stock market move past the war in Iran, now that there is a tentative ceasefire. Stocks soared this week after President Trump suspended attacks on Iran for two weeks, driving up the Dow Jones Industrial Average more than 1,300 points on Wednesday, its best […]
Consumer prices rose 3.3% in March, as energy prices spiked due to Iran conflict
[ad_1] A man shops for butter at a supermarket in Houston, Texas, on March 17, 2026. Ronaldo Schemidt | AFP | Getty Images Consumer prices spiked in March as the Iran war sent energy costs soaring and took the Federal Reserve further from its inflation target, according to a Bureau of Labor Statistics reported Friday. […]
Kevin Warsh Fed chair confirmation plan hits snag as nomination hearing is delayed
[ad_1] Kevin Warsh, Fellow in Economics at the Hoover Institution and lecturer at the Stanford Graduate School of Business, speaks during the Sohn Investment Conference in New York City, U.S., May 8, 2017. Brendan McDermid | Reuters An expected nomination hearing for Federal Reserve chair candidate Kevin Warsh has been delayed, a person familiar with […]