Here’s how ‘DOGE’ cuts, safety fears and a slowing economy are combining to hurt airlines
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Delta cuts its once-rosy outlook. Here’s what’s worrying the airline.
Shares of Delta Air Lines Inc. dropped more than 9% after hours Monday after the airline slashed its current-quarter estimates, seeing trouble ahead for demand for its domestic flights.MarketWatch - 1d -
Stocks Drop as Recession Fears Surface
The S&P skidded 2.7 percent, amid investor fears that tit-for-tat tariffs could raise prices, slow the economy and sow uncertainty among businesses.The New York Times - 1d -
Fox's Doocy presses White House spokesperson on stock trends, DOGE cuts
Fox News reporter Peter Doocy pressed White House press secretary Karoline Leavitt on Tuesday on how the struggling stock market might effect the administration's government reform efforts. "Is ...The Hill - 11h -
Southwest Airlines as we know it is over. Here's what's changing, from bag fees to basic economy
Southwest will start charging customers to check bags, launch basic economy tickets in a bid to drive up revenue.CNBC - 11h -
Major US airlines warn demand is slowing
In addition to two major crashes, airlines point to the uncertain economic future, plummeting government travel and reductions to corporate travel.ABC News - 7h -
Airline CEOs warn domestic travel demand is slowing
Airline CEOs say economic uncertainty and a drop in government travel is driving down domestic travel demand.CNBC - 9h -
Want to cut Medicaid costs without hurting patients? Here’s an easy solution.
The establishment of a National No-Fault Medical Malpractice program for physicians and hospitals participating in Medicare and Medicaid is an easy, commonsense proposal that would preserve access ...The Hill - 3d -
American travelers are booking fewer domestic flights in another warning sign for the economy
Americans’ spending worries and shortcomings are translating into turbulence for major airlines, and coming at a time where recession fears are growing.MarketWatch - 7h -
How FEMA cuts are spreading far beyond Washington
More than 200 employees at FEMA have been cut since Inauguration Day, and workers fear more downsizing is coming.NBC News - 1d
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The anywhere-but-America trade has been working. But there are limits.
Investors have been rewarded for investing outside the United States — but real headwinds are emerging that could limit the successful trade.MarketWatch - 3h -
Stitch Fix’s stock rallies after styling service boosts full-year sales forecast
Shares of Stitch Fix rallied after hours on Tuesday, after the online clothing and styling service nudged its full-year sales forecast higher and said its turnaround efforts were working, even as ...MarketWatch - 3h -
Trump retreats from 50% tariffs on Canadian metals. Here’s what comes next.
President Donald Trump on Tuesday backed off a 50% tariff on imports of Canadian steel and aluminum, ratcheting down a threat against a major U.S. trading partner on another day of whiplash for ...MarketWatch - 4h -
Oracle won some big cloud contracts. Here’s why its stock is falling.
Oracle Corp. regaled Wall Street on Monday with talk about the future, enormous demand and some very large cloud-services contracts, but its stock continued a downward trend over concerns about ...MarketWatch - 5h -
Verizon and AT&T are seeing stock drops. Here’s what’s driving the selloff.
Verizon calls out a more competitive wireless industry — and that’s weighing on its shares, as well as those of its peers.MarketWatch - 5h
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Ray Dalio warns that mounting U.S. debt problems could lead to ‘shocking developments'
Bridgewater founder Ray Dalio on Wednesday warned that a "very severe" supply-demand problem regarding U.S. debt could lead to shocking developments.CNBC - 10m -
Trump's 25% tariffs on steel and aluminum imports take effect
U.S. President Donald Trump's 25% tariffs on steel and aluminum imports came into effect Wednesday.CNBC - 11m -
People 'underestimate' the importance of Chinese President Xi's entrepreneur meeting: Alibaba's Tsai
Alibaba Chairman Joe Tsai said Chinese President Xi Jinping's meeting with entrepreneurs boosted confidence and has been underestimated.CNBC - 14m -
Tariffs have raised the probability of a U.S. recession to around 35%: Pimco
There is a "maybe 35% probability" that the U.S. will enter a recession this year, says Alec Kersman, managing director and head of Asia-Pacific at Pimco.CNBC - 15m -
Asia-Pacific markets mostly rise despite tariff uncertainty and recession fears in the U.S.
Economists polled by Reuters expect India's inflation rate to slow to 3.98% in February from 5.68% in January.CNBC - 27m