[ad_1] CNBC’s Jim Cramer said Wednesday that “parsing the Fed’s move is a mug’s game.” After the Federal Reserve raised rates to their highest level in 22 years, Cramer said investors can use market volatility created by the central bank meeting to buy stocks in line with 10 themes from this quarter’s earnings season. “Why … Read more
[ad_1] A Pratt & Whitney PW1000G turbofan engine sits on the wing of an Airbus A320neo aircraft during a delivery ceremony outside the Airbus Group SE factory in Hamburg, Germany, on Friday, Feb. 12, 2016. Bloomberg | Krisztian Bocsi Shares of RTX tumbled 13% Tuesday after the aerospace giant said a manufacturing problem with some … Read more
[ad_1] Pilots from United Airlines walk inside the airport as they take part in an informational picket at Newark Liberty International Airport in Newark, New Jersey, May 12, 2023. Eduardo Munoz | Reuters United Airlines and its pilots’ union have agreed to a preliminary labor deal that includes pay increases of as much as 40.2% … Read more
[ad_1] U.S. stock futures were little changed on Monday night after the major averages snapped a three-day decline. Dow Jones Industrial Average futures rose 4 points, or 0.01%. S&P 500 gained 0.02%, while the Nasdaq-100 futures added 0.04%. Investors are coming off a positive session for the major averages. On Monday, the Dow Jones Industrial … Read more
[ad_1] A Southwest Boeing 737 airplane takes off into a smoke haze from Ronald Reagan Washington National Airport in Arlington, Virginia, June 8, 2023, as smoke from wildfires in Canada blankets the area. Saul Loeb | AFP | Getty Images More than 7,000 U.S. flights were delayed and nearly 900 canceled on Sunday as thunderstorms … Read more
[ad_1] BEIJING — Fewer than 6% of U.S. flights to and from mainland China that existed in 2019 have resumed, according to a Nomura report. In contrast, flights between mainland China and Egypt, Saudi Arabia and Italy are nearly back to pre-pandemic frequency or more, the report showed, citing data as of May 22 from … Read more
[ad_1] An American Airlines plane takes off near a parked JetBlue plane at the Fort Lauderdale-Hollywood International Airport on July 16, 2020 in Fort Lauderdale, Florida. Joe Raedle | Getty Images A federal judge Friday ordered American Airlines and JetBlue Airways to end their partnership in the Northeast, a win for the Department of Justice … Read more
[ad_1] Pilots talk as they look at the tail of an American Airlines aircraft at Dallas-Ft Worth International Airport. Mike Stone | Reuters American Airlines pilots have voted overwhelmingly to allow their labor union to call a strike while the carrier said talks for a new contract are getting close to a conclusion. Pilot strikes … Read more
[ad_1] Stocks jumped Thursday as traders cheered another report pointing to cooling U.S. inflation. The S&P 500 climbed 1.33% to 4,146.22 for its highest close since February. The Nasdaq Composite advanced 1.99% to 12,166.27. The Dow Jones Industrial Average added 383.19 points, or 1.14%, to 34,029.69. The March producer price index, a measure of prices … Read more