After years of resisting Wall Street pressure, Southwest Airlines is overhauling its core values. Bag fees, basic economy, assigned seating – are these strategic moves or a betrayal of loyal customers? The future of budget-friendly flying hangs in the balance.
Elizabeth Holmes' bid to overturn her fraud conviction has failed, with a federal appeals court affirming her guilt and her former partner Sunny Balwani's. This decision underscores the severity of their deception and the consequences for misleading investors about Theranos' capabilities.
A daring claim of responsibility, a mysterious connection to Ukraine, and the resurgence of a threat actor – unraveling the truth behind the "massive cyberattack" that crippled X.
Tesla CEO Elon Musk juggles his leadership role at Tesla with his involvement in the Department of Government Efficiency (DOGE), admitting to facing "great difficulty" as Tesla's stock performance raises concerns.
After years of "American exceptionalism," European stocks are outperforming US equities, fueled by investor interest and significant fund inflows. This article explores whether this trend signals a long-term shift or a temporary relief rally, considering factors like German fiscal stimulus and EU reforms.
The US imposes sweeping steel and aluminum tariffs, igniting fierce retaliation and recession fears. Is this a masterstroke for American industry or a self-inflicted wound on the global economy?
Nigerian billionaire Adebayo Ogunlesi's Global Infrastructure Partners (GIP) has acquired the Panama Canal Ports for $23 billion, marking a significant expansion of its global infrastructure portfolio and further cementing Ogunlesi's position as one of Africa's wealthiest individuals. This deal follows GIP's earlier acquisition of a UK airport and a $12.5 billion partnership with BlackRock, highlighting Ogunlesi's growing influence in global infrastructure investment.
As Elon Musk increases his presence in Washington, Tesla's stock performance falters, leading to a significant $103 billion reduction in his net worth. This downturn reflects growing unease and backlash against Musk, casting a shadow over Tesla's recent performance.
Ruth Marcus's dramatic exit exposes a fault line at the Washington Post, raising critical questions about journalistic freedom under billionaire ownership and the future of independent thought in a rapidly changing media landscape.
A federal official's testimony unveils the post-Chopra chaos at the CFPB, revealing a "wind-down mode," canceled contracts, and a desperate struggle to uphold its consumer protection mission amidst a legal battle and shadowy interventions.
As tariff tensions simmer, investors fixate on Wednesday's inflation data, seeking clues to the Fed's next move and whether the market's dip is a fleeting stumble or a sign of deeper trouble.
Apple's move to open an advanced manufacturing facility in Houston signals a major boost for the city's tech and manufacturing sectors. This investment not only brings AI-driven manufacturing to the U.S. but also underscores Houston's growing importance as a hub for technology and skilled labor, driving economic growth and innovation in the region.
From White House photo ops to plunging stock prices, explore how Trump's unexpected support for Tesla may be backfiring, turning the electric car giant into a political battleground.
An unlikely alliance forms as UAW President Shawn Fain surprisingly backs Trump's tariffs, signaling a potential shift in labor-trade politics and raising questions about the future of American manufacturing.
Elon Musk's electric vehicle empire faces mounting pressures as Tesla's stock plummets, sparking questions about the future of the company and Musk's leadership. Dive into the factors driving this dramatic downturn and what it signals for the broader tech landscape.
Witness the political plot twist as Trump denounces a Tesla boycott as "illegal," pledging allegiance to Elon Musk with a surprising purchase.
Gold prices are on the rise, approaching $2,950, as declining US yields create a favorable environment for the precious metal. This movement reflects the inverse relationship between yields and gold, where lower yields typically boost gold's appeal as an investment.
Nvidia faces a critical earnings call where it must address investor concerns sparked by DeepSeek's AI advancements. The company aims to reaffirm its dominance by highlighting strong data center revenue, Blackwell's ramp-up, growing inference demand, and navigating complex policy issues amid potential geopolitical shifts.
Delta Air Lines' dramatic profit slash isn't just about one airline; it's a chilling signal of broader economic headwinds, corporate belt-tightening, and consumer jitters—a perfect storm brewing over the travel industry.
Elon Musk admits his role in a government efficiency initiative is stretching him thin, but critics allege a hidden agenda: weakening regulations to benefit his ventures.
The latest jobs report reveals a slight increase in the US unemployment rate to 4.1%, a minor shift within the narrow 4.0-4.2% range observed since May 2024, indicating a stable labor market despite the uptick.
Tesla's stock plummeted 55% since December amidst Musk's government role and sales concerns. Can key support levels trigger a rebound, or is further decline inevitable? We dissect the charts and expert analysis to reveal potential turning points.
After filing for bankruptcy, Joann's has been acquired by a new ownership group that plans to liquidate all store locations, reversing an earlier plan to close only 500 stores. The GA Group, the winning bidder, aims to manage the closures with consideration for the retailer's 19,000 employees, including job fairs and time off for interviews.
A whistleblower's testimony reveals a potential attempt to defy a court order and rapidly dismantle the Consumer Financial Protection Bureau, raising questions about the administration's motives and the agency's future.
United CEO calls Southwest's bag fee introduction a watershed moment, but will loyal customers stay as the airline transforms?
Berkshire Hathaway's stock surged by 4%, reaching a new peak following a strong earnings report and Warren Buffett's annual letter, increasing Buffett's wealth by $6 billion. This surge highlights Berkshire's robust performance and Buffett's enduring investment strategy in a fluctuating economic landscape.
Elon Musk admits to "great difficulty" juggling his companies with White House commitments, as Tesla faces its biggest stock drop since 2020. Is his quest to "eliminate waste and fraud" in government overshadowing his other ventures?
Seven weeks into his term, President Trump faces recession fears and market turmoil, a stark contrast to his campaign vows of immediate economic relief. Is this a temporary disturbance or a sign of deeper trouble?
After the S&P 500's third straight losing session, futures remain relatively unchanged, indicating market hesitation. Investors are closely watching upcoming economic data and earnings reports from major companies like Nvidia and Home Depot to gauge future market direction and the ongoing viability of the AI investment boom.
Mortgage rates are showing a promising dip as of March 7, 2025, potentially signaling positive trends for the housing market. This article breaks down the current rates, explores contributing factors, and offers insights into future rate movements and mortgage options.
A deep dive into Monday's market meltdown, exploring the anxiety gripping Wall Street, Trump's unsettling economic outlook, and whether this is a temporary dip or the start of something far more ominous.
In a move that could redefine the real estate landscape, Rocket Companies snaps up Redfin, promising to streamline the home-buying experience and sending shockwaves through the market. But will this marriage of mortgage giant and digital brokerage truly deliver the magic they envision?
Broadcom's Q1 FY2025 results reveal a successful VMware acquisition, driven by upselling customers to comprehensive VCF stacks, alongside significant strides in custom AI silicon, engaging with major hyperscalers and achieving substantial revenue and income growth, despite market fluctuations and ongoing migrations.
Even the *Wall Street Journal's* conservative board is urging Trump to ditch his tariffs, warning they could trigger a recession and hurt his own supporters. Is this a wake-up call the White House can't ignore?