Airline executives predict record heat, creating even greater demand for first class

Airline executives predict record heat, creating even greater demand for first class

Passengers are seen in the Delta Airlines check-in area before their flight at Hartsfield-Jackson Atlanta International Airport on June 28, 2022 in Atlanta, Georgia, US. Eliza Novelz reuters while aviation Industry been in headlines For many people recently safety issuesAirline officials say there is no sign of demand for flights slowing down. United Airlines “As […]

IMF’s capital markets chief says high company valuations a ‘concern’

IMF’s capital markets chief says high company valuations a ‘concern’

Tobias Adrian, Financial Counselor and Director of the Monetary and Capital Markets Department, delivers a press briefing on the Global Financial Stability Report at the International Monetary Fund during the 2024 Spring Meeting of the International Monetary Fund (IMF) and the World Bank Group in Washington, DC. United States on April 16, 2024. Anadolu | […]

United Airlines (UAL) 1Q 2024 Earnings

United Airlines (UAL) 1Q 2024 Earnings

A United Airlines Boeing 737 Max 9 aircraft lands at San Francisco International Airport. Justin Sullivan | getty images United Airlines Strong travel demand was reported Tuesday, leading to a smaller-than-expected first-quarter loss despite a $200 million hit from the temporary grounding of the Boeing 737 Max 9 in January. The Federal Aviation Administration temporarily […]

‘More things will break’ in US economy in 2025 if rates stay high: Strategist

‘More things will break’ in US economy in 2025 if rates stay high: Strategist

US Federal Reserve Chairman Jerome Powell holds a press conference after a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, US, on March 20, 2024. Elizabeth Frantz | reuters The US economy could be headed for stormy waters in 2025 if the Federal Reserve doesn’t act soon on interest […]

Retail sales jumped 0.7% in March, more than expected

Retail sales jumped 0.7% in March, more than expected

The Commerce Department reported Monday that rising inflation in March did not deter consumers, who continued buying at a faster pace than expected. Retail sales rose 0.7% for the month, much faster than the Dow Jones consensus estimate of 0.3% growth. census bureau data It is adjusted for seasonality, but not for inflation. The consumer […]

Western boot sales on the rise since launch of ‘Cowboy Carter’

Western boot sales on the rise since launch of ‘Cowboy Carter’

Beyoncé leaves the Lure Fashion Show at 154 Scott in Brooklyn during New York Fashion Week on February 13, 2024 in New York City. James Deveney GC Images | getty images Western shoes have a new savior in Beyoncé. According to consumer behavior firm Circana, sales of the country fashion staple increased more than 20% […]

Jamie Dimon warns that inflation, war and Fed policy pose big risks ahead

Jamie Dimon warns that inflation, war and Fed policy pose big risks ahead

JPMorgan Chase CEO and Chairman Jamie Dimon speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee’s oversight hearing on Wall Street firms on Capitol Hill in Washington, U.S., on December 6, 2023. Evelyn Hockstein | reuters JPMorgan Chase CEO Jamie Dimon warned on Friday that a number of challenges, primarily inflation and war, […]

Why car insurance costs are skyrocketing, causing inflation

Why car insurance costs are skyrocketing, causing inflation

robertcrum | getty images Detroit – Skyrocketing auto insurance costs helped inflation rise faster than expected in March And making the costs even more expensive for American vehicle owners. On a monthly basis, car insurance prices as a part of the consumer price index rose 2.6%, up 22.2% year-on-year. Data released on Wednesday, The CPI […]

Wholesale prices rose 0.2% in March

Wholesale prices rose 0.2% in March

Wholesale prices rose less than expected in March, providing some potential relief from concerns that inflation will remain high for longer than many economists expected. The producer price index rose 0.2% for the month, below the Dow Jones consensus estimate of 0.3% and not matching February’s 0.6% rise. A release on Thursday From the Bureau […]