Latest in Drifting, Detouring, or Driving Growth
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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 - Mar. 11 -
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 - Mar. 12 -
Why Kohl’s worst stock drop on record may have been excessive
New Kohl’s CEO Ashley Buchanan has a “meaningful” opportunity to drive improvements at the retailer, says analyst firm Jefferies.MarketWatch - Mar. 12 -
UK watchdogs scrap diversity and inclusion rules for financial firms
Decision by FCA and PRA comes as government’s growth push forces regulators to rethink policiesFinancial Times - Mar. 12 -
UK financial regulators in retreat as prime minister piles on pressure
City cheers Sir Keir Starmer’s crackdown on red tape but there are questions over how much it can boost growthFinancial Times - Mar. 12 -
US inflation fell more than expected to 2.8% in February
Figure bolsters case for cental bank to cut interest rates amid signs of slowing economic growthFinancial Times - Mar. 12 -
Musk’s cuts fail to stop US federal spending hitting new record
Government spending rose to $603bn in February despite hyperactive efficiency drive, data showsFinancial Times - Mar. 12 -
U.S. Inflation Eased More Than Expected in February
Economists are bracing for intensifying price pressures and slower growth, posing a challenge for the Federal Reserve.The New York Times - Mar. 12 -
Dollar General says lower-income customers shouldn’t expect any relief from high prices this year
The average transaction amount increased amid growth in consumables, which includes food, while traffic declined.MarketWatch - Mar. 13 -
RGB LED Could Be the Future for Cheap Screens
With incredible colors, brightness, and contrast, RGB backlighting is the technology that will drive the next 10 years of innovation in televisions and displays.Wired - Mar. 14 -
Fabrizio Guido's subtle comedy is a slam dunk in Netflix's 'Running Point'
Fabrizio Guido drives forward the Netflix comedy 'Running Point' as Jackie Moreno, a stadium concessions worker with a love for basketball and family.Los Angeles Times - 6d -
It is time to rewire ‘Treasury brain’
The chancellor’s Spring Statement is a chance to get away from the UK obsession with fiscal tightening that kills growthFinancial Times - 6d -
US shoppers cut spending as economic outlook concerns mount
Tariffs, market volatility and political uncertainty threaten to undermine key driver of growth in world’s largest economyFinancial Times - 5d -
Global economy takes centre stage
OECD updates growth forecasts, a clutch of central banks set interest rates and the IOC picks a new Olympics presidentFinancial Times - 5d -
UK deregulation frees space ‘for bolder reforms’, says top bank lobbyist
David Postings tells FT he has been ‘working closely’ with Treasury on measures aimed at boosting growthFinancial Times - 4d -
Reddit’s stock has soared 170% since the IPO. Here’s why the honeymoon may now be over.
Reddit’s growth is vulnerable to the whims of search giant Google, according to Redburn Atlantic, which has slapped a sell rating on the stock.MarketWatch - 3d -
VR headsets and pulled pork join UK inflation basket
Office for National Statistics updates items used to measure price growth as spending habits evolveFinancial Times - 3d -
Investors slash US equity holdings by most ever, BofA survey shows
Threat to global growth from Trump’s trade tariffs sparks ‘bull crash’ in fund manager sentimentFinancial Times - 3d -
Women’s Elite Sports Revenues Will Generate More Than $2.35 Billion in 2025
The latest revenue projections reflect global growth of 240 percent over four years, according to a new report.Inc. - 3d -
Investors are fleeing U.S. stocks as tariff risks loom
Mounting concerns about the Trump administration's trade policies are driving institutional investors away from U.S. stocks.CBS News - 2d -
Trump’s reciprocal tariffs could bring stagflation — and deflate his support
Trump campaigned on bringing prices down. If tariffs spike inflation and slow U.S. growth, his popularity could suffer.MarketWatch - 2d -
Fed faces threat from US consumers’ soaring inflation expectations
University of Michigan survey shows American households’ outlook for price growth is at its highest since the early 1990sFinancial Times - 2d -
Can Europe’s New Military Spending Help Its Economies?
The continent’s leaders hope a surge of investment, to fill a security void left by the United States, can ignite growth. It won’t be easy.The New York Times - 2d -
Mattel to lay off 120 workers in latest cost-cutting move
Mattel said the job cuts are part of an effort to save money as the company optimizes for growth.Los Angeles Times - 2d -
Pearl Lam: ‘You cannot have great collectors without great museums’
The trailblazing gallerist on the transformation of Hong Kong’s art world and what’s driving a new class of collectorsFinancial Times - 1d -
FirstFT: Nvidia to spend billions in US as it shifts chip supply chain from Asia
Also in today’s newsletter, the Fed cuts its 2025 growth forecast and how Jeff Bezos made peace with MagaFinancial Times - 1d -
Tesla Wins California Permit to Begin Offering Rides
The limited regulatory approval is an early step toward Elon Musk’s goal of offering a Tesla self-driving taxi service.The New York Times - 1d -
OpenAI Just Released Its Latest Voice AI Tech, and It’s Highly Customizable
In one example, an AI voice with the persona of a medieval knight gave driving directions to a bakery.Inc. - 1d -
Darden Restaurants sales disappoint, but Olive Garden parent sees consumers continuing to spend
Olive Garden and LongHorn Steakhouse reported weaker-than-expected same-store sales growth in Darden's latest quarter.CNBC - 22h -
'Not the smartest thing I've ever done': UK's Pope follows through on promise to pay for gas
Kentucky's coach offered earlier in the week to help with gas money for fans driving to Wisconsin.ESPN - 5h -
Heathrow shutdown is a 'dramatic learning curve' in airport crisis management, expert says
Heathrow Airport's closure has "very wide" implications for aviation, which is outpacing the growth of supporting infrastructure, said Anita Mendiratta.CNBC - 52m -
TGL's first season ends next week when Atlanta Drive play New York Golf Club in best-of-3 finals
Atlanta will have Justin Thomas, Billy Horschel and Patrick Cantlay while New York Golf Club will have Cameron Young, Rickie Fowler and Xander Schauffele.Yahoo Sports - 4h -
Positive Job Numbers in February Don’t Erase Worries About the Economy
Official data showed businesses added 151,000 new jobs last month, outpacing January but unlikely to allay rising fears of slowing growth.Inc. - Mar. 7 -
How Facebook Marketplace is keeping young people on the platform
Facebook Marketplace keeps users engaged with free listings, local pickups, and resale growth, helping Meta stay relevant despite declining teen activity.CNBC - Mar. 8 -
Motorsports Isn’t Just a Man’s World Anymore
Driving history is littered with sons of famous fathers following in dad’s footsteps. Now F1 Academy driver Lia Block is making a name for herself.The New York Times - Mar. 9 -
Shares of iRobot tank 30% after Roomba maker raises doubt about its survival
The Roomba maker faces mounting debt and sputtering revenue growth, as well as heightened competition from robotic vacuum makers based in China.CNBC - Mar. 12 -
Tampa Bay Rays withdraw from planned $1.3 billion ballpark, citing storms and delays
The Tampa Bay Rays on Thursday withdrew from a $1.3 billion ballpark project, citing hurricanes and delays that likely will drive up the proposal’s cost.NBC News - Mar. 13 -
Tampa Bay Rays withdraw from planned $1.3 billion ballpark in St. Petersburg, citing storms, delays
The Tampa Bay Rays on Thursday withdrew from a $1.3 billion ballpark project, citing hurricanes and delays that likely will drive up the proposal’s costABC News - Mar. 13 -
National CineMedia is bringing back its dividend less than 2 years after bankruptcy. Here’s why.
“The company was always a high-dividend growth story,” National CineMedia’s CEO tells MarketWatch. “We feel like that’s where we’re going back to.”MarketWatch - Mar. 13 -
Bronny James comments on his development this season
Even though Bronny James isn't playing in the G League on a consistent basis, he has been showing some real signs of growth and development.Yahoo Sports - 6d
