Frontier Airlines Nurphoto | Nurphoto | Getty Images Frontier Airlines joined Delta Air Lines in pulling its full-year outlook and cutting flights due to a drop in demand and an “uncertain environment.” The budget airline also lowered its first-quarter outlook. Frontier said its revenue growth likely rose 5% in the first quarter, with capacity up […]
Frontier Airlines cuts flights after travel demand fell in March Read More »
Toys made by Mattel, Hasbro and others are seen at a Macy’s store in New York. Staff | Reuters There’s trouble in Toyland. Toy giants Mattel and Hasbro have seen their stocks battered by President Donald Trump’s escalated trade war with China. On Friday, Mattel shares hit a new 52-week intraday low of $13.95 apiece,
Mattel and Hasbro stocks notch new lows after Trump’s China tariff escalation Read More »
Tim Cook, chief executive officer of Apple Inc., speaks during a “First Tool-In” ceremony at the TSMC facility under construction in Phoenix, Arizona, US, on Tuesday, Dec. 6, 2022. Caitlin O’Hara | Bloomberg | Getty Images When President Barack Obama asked late Apple CEO Steve Jobs about making an iPhone in the U.S., Jobs didn’t
Here’s how much a ‘Made in the USA’ iPhone would cost Read More »
A State Farm logo is seen in front of a State Farm insurance office on February 03, 2025 in Larkspur, California. Justin Sullivan | Getty Images News | Getty Images State Farm is making its case this week for a major rate hike for California homeowners in a hearing that could prove crucial to the
State Farm pleads for emergency rate hikes on California homeowners Read More »
Bottles of Corona beer, the flagship brand of Grupo Modelo are displayed in this illustration taken in Monterrey, Mexico, February 18, 2025. Daniel Becerril | Reuters President Donald Trump’s tariffs aren’t the only presidential policy that is weighing on Constellation Brands. Along with tariffs on Mexican imports, his hardline immigration stance is also hurting the
Trump’s immigration policy is weighing on beer sales, Constellation Brands CEO says Read More »
Major League Baseball Commissioner Rob Manfred answers questions during an MLB owner’s meeting at the Waldorf Astoria on February 10, 2022 in Orlando, Florida. Julio Aguilar | Getty Images For decades, Major League Baseball has stood alone among the major U.S. sports leagues as the only one without a salary cap. Team owners may test
MLB weighs a salary cap as potential lockout looms in 2026 Read More »
Apple CEO Tim Cook inspects the new iPhone 16 during an Apple special event at Apple headquarters on September 09, 2024 in Cupertino, California. Justin Sullivan | Getty Images Apple shares skyrocketed 15% on Wednesday after President Donald Trump announced a 90-day pause on his administration’s “reciprocal tariffs,” which would have affected the company’s production
Apple has best day since 1998 on Trump’s 90-day tariff pause Read More »
The Nasdaq Marketsite is seen during morning trading on April 7, 2025 in New York City. Michael M. Santiago | Getty Images Every bear market has days like this. The Nasdaq soared 12% on Wednesday, the second-best day on record for the tech-heavy index and its sharpest rally since January 2001, which was the middle
Dot-com bust, 1987 crash had massive relief rallies similar to Wednesday’s pop Read More »
A new housing development built along a canal near the Mokelumne River is viewed on May 22, 2023, near Stockton, California. George Rose | Getty Images Mortgage rates are rising sharply this week, as investors sell U.S. Treasury bonds at a swift pace. Mortgage rates follow loosely the yield on the 10-year Treasury. Some speculate
Here’s how China could crush the U.S. housing market Read More »
Sam’s Club is opening a store in the Dallas area that will require customers to go all digital. Shoppers will use a smartphone app to scan and pay for their own purchases rather than standing in a checkout lane. Sam’s Club DALLAS, Texas — Walmart-owned Sam’s Club plans to supercharge its expansion by opening about
As warehouse clubs boom, Walmart-owned Sam’s Club plans to open 15 stores per year Read More »
