Latest in Southwest Airlines expects slower pace of cost increases, but inflation persists
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Southwest Airlines expects slower pace of cost increases, but inflation persists
Southwest Airlines said Thursday that it faces higher costs in 2025 as inflation persists, but it managed to swing to a fourth-quarter profit due to a boost from lower fuel prices.MarketWatch - 5h -
Why the SEC might have an issue with Southwest’s earnings
The SEC only allows companies to adjust revenue figures under limited circumstances.MarketWatch - 6h -
GDP grew at a 2.3% pace in the fourth quarter, less than expected
U.S. economic growth slowed a bit more than expected in the final three months of 2024, the Commerce Department reported Thursday.NBC News - 9h -
GDP grew at a 2.3% pace in the fourth quarter, less than expected
GDP was expected to grow at a seasonally adjusted 2.5% annualized pace in the fourth quarter of 2025.CNBC - 9h -
Soaring egg prices are expected to continue to increase this year
According to the CBS News price tracker, a dozen eggs cost $4.15 currently, compared to $2.51 a year ago, which is a 65% increase. The USDA says egg prices are predicted to increase 20% this year ...CBS News - 1d -
Blackhawks Prospect Scoring at Torrid Pace in OHL
The Blackhawks have prospects dominating all over the place this season.Yahoo Sports - 2d -
American Airlines’ weaker-than-expected guidance ‘not as negative’ as it appeared, says analyst
American Airlines cited “present demand trends” and fuel-price forecasts as it predicted a first-quarter loss.MarketWatch - Jan. 23 -
Interest rates won't fall as fast as expected if tariffs stoke inflation, UBS CEO says
"Inflation is much more sticky than we have been saying," UBS CEO Sergio Ermotti said Tuesday.CNBC - Jan. 21 -
As Hollywood reels, Netflix’s streaming lead is intact ahead of earnings. But expect price increases this year.
Ahead of its fourth-quarter earnings results on Tuesday, analysts say Netflix’s streaming dominance is still intact.MarketWatch - Jan. 20 -
Southwest Airlines Just Did One of the Worst Things Any Company Can Do
Don’t create a culture in which the only reward for hard work is more work.Inc. - Jan. 20 -
On pace for podium finish, Vonn falls in WC event
Lindsey Vonn fell while on pace for a podium finish at a World Cup super-G on Sunday on the course that will host skiing at next year's Milan-Cortina Olympics.ESPN - Jan. 19 -
Southwest Airlines pilot charged with DUI while preparing for takeoff
Officers said pilot had bloodshot eyes and smelled of alcohol before planned flight from Savannah to Chicago. Police at a Georgia airport arrested an airline pilot on a DUI charge as he was ...The Guardian - Jan. 17 -
Why the increase in child-care costs comes at a bad time for many parents
As more companies require remote employees to return to the office, working parents are struggling not only with upended schedules, but with the expense of additional child care.MarketWatch - Jan. 17 -
Looking for winning airline stocks this year? BofA says to avoid Southwest and JetBlue.
Carriers with greater exposure to premium travel will fare better this year, analysts say.MarketWatch - Jan. 17 -
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Allegedly intoxicated Southwest Airlines pilot arrested at airport ahead of flight
Southwest Airlines confirmed the pilot had been removed from duty and apologized to customers whose travel plans were disrupted.ABC News - Jan. 17 -
Extreme weather like California wildfires has increased homeowners’ insurance costs. Now we know how much extra they’re paying.
A new Treasury Department analysis looks at how climate-related disasters affected 246 million insurance policies.MarketWatch - Jan. 17 -
Southwest Pilot Is Removed From Flight and Charged With D.U.I.
The pilot, David Paul Allsop, was taken off a flight to Chicago at the airport in Savannah, Ga., on Wednesday, officials said.The New York Times - Jan. 16 -
Spirit Airlines cuts 200 jobs in bankruptcy cost-cutting scramble
Spirit Airlines cuts 200 jobs across the airline as it seeks to exit bankruptcy protection this quarter.CNBC - Jan. 16 -
Not much inflation here: The cost of imports are barely rising ahead of Trump taking office
Most of the lingering problem with U.S. inflation is coming from within the nation’s borders. Not outside of it.MarketWatch - Jan. 16 -
Southwest Airlines pilot accused of DUI is arrested at Georgia airport before flight
A Southwest Airlines pilot was arrested at a Georgia airport and accused of DUI on Wednesday.NBC News - Jan. 16 -
U.S. Sues Southwest Airlines Over Chronic Delays
The Transportation Department said in a lawsuit that two of the airline’s routes were consistently delayed in violation of federal rules.The New York Times - Jan. 15 -
Transportation Department sues Southwest for 'chronically delayed flights'
The Department of Transportation on Wednesday sued Southwest Airlines, alleging the carrier operated chronically delayed flights, and fined Frontier Airlines for late-arriving flights.NBC News - Jan. 15 -
Core inflation rate slows to 3.2% in December, less than expected
The consumer price index was expected to rise 0.3% in December and show an annual inflation rate of 2.9%.CNBC - Jan. 15 -
Is the recent uptick in inflation cresting? Wholesale prices posts smaller-than expected increase.
Wholesale prices in the U.S. rose modestly in December in a reprieve from a string of elevated inflation in the final months of 2024 that have likely put off any further reductions soon in interest ...MarketWatch - Jan. 14 -
Cost of Sizewell C nuclear project expected to reach close to £40bn
Final price tag for building new power plant is likely to be double 2020 estimateFinancial Times - Jan. 14 -
India's inflation slows to lower-than-expected 5.22% in December, boosting case for rate cuts
The full year inflation forecast for the RBI's 2024 fiscal year ending June 2025 is projected at 4.8%.CNBC - Jan. 13 -
6.2 magnitude earthquake strikes southwest Mexico
The tremor was about five miles from Coalcoman de Vazquez Pallares, a municipality of around 20,000 people about 372 miles west of Mexico City.CBS News - Jan. 12 -
California fires weather forecast: Strong winds expected to increase fire danger
There has been a reprieve from the strongest winds in southern California, but winds are expected to pick up later into tonight, raising the fire danger.ABC News - Jan. 11 -
Delta outlook tops estimates as CEO expects 2025 to be airline's 'best financial year in our history'
Delta's CEO said strong travel demand is driving revenue higher.CNBC - Jan. 10 -
Consumer expectations for higher inflation soar in early January
Americans’ expectations for overall inflation over the next year jumped to 3.3% in January from 2.8% in the prior month, according to the University of Michigan’s gauge of consumer sentiment.MarketWatch - Jan. 10 -
NHL Power Rankings: Knights take command, plus each team's points pace vs. expectation
Another jumble atop the list gives us a new No. 1. Plus, a breakdown of how each team has performed vs. its preseason over/under from ESPN BET.ESPN - Jan. 10 -
Tesco and M&S warn of rising costs but pledge to minimise price increases
Shares in retailers fall despite positive Christmas tradingFinancial Times - Jan. 9 -
‘Inflation levels seem to be increasing’: Businesses are worried about tariffs and rising prices.
The holiday shopping season gave a boost to service-oriented companies in December, but top executives were wary of potential Trump tariffs and a recent uptick in inflation.MarketWatch - Jan. 7 -
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Euro zone inflation rose to 2.4% in December, meeting expectations
Economists polled by Reuters forecast a reading of 2.4%, up from 2.2% in November.CNBC - Jan. 7 -
German inflation rises more than expected to 2.9% in December
German inflation jumped to a higher-than-expected 2.9% in December, German statistics office Destatis said Monday.CNBC - Jan. 6 -
UK businesses plan price increases as Budget drives up costs
Tax and wage rises have caused confidence to ‘slump’, warns British Chambers of CommerceFinancial Times - Jan. 5 -
New Orleans raises specter of persistent ISIS threat
The suspect in the attack in New Orleans had an ISIS flag in his truck. The case underscores the threat still posed by ISIS.NBC News - Jan. 2 -