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.
The U.S. grew at a mild 2.3% annual pace in the final three months of 2024, but the details of the report showed an economy on strong footing as the Biden administration handed off to the Trump White House.
The European Central Bank on Thursday cut interest rates by a quarter point, saying it expects inflation to fall back to its target later in the year.
Some economists were saying Wednesday that the cutting cycle is over, while others think Chairman Jerome Powell’s Federal Reserve won’t ease again until 2026.
The deadly collision between a military helicopter and a passenger plane sent shares of U.S. carrier American Airlines in premarket trade on Thursday.
Democrats said the move was an unconstitutional seizure of power over the federal budget and warned of disruptions in funding to local police, domestic violence shelters, food programs and more.
It takes time for the Fed’s decisions to filter through the economy — and then even more time for consumers to see the difference.
There is so much uncertainty over potential tariffs and fiscal policy, “keeping things steady looks like the prudent move.”
With all eyes on the Federal Reserve’s first policy decision of the new year on Wednesday, it’s the Bank of Canada that might end up making a bigger splash for the day.
A weekly look at the most important news and moves in crypto, and what’s on the horizon in digital assets.
VF Corp.’s stock moved into the red after posting a healthy gain earlier in the session on Wednesday, as the apparel and footwear maker’s results weren’t strong enough for the stock to sustain its rally of more than 20% since Jan. 1.
Meta reports earnings Wednesday afternoon. Investors will be focused on the implications of DeepSeek’s success — and on the less flashy topic of currency pressures.
Managers of Norway’s Government Pension Global Fund are resigned to living with tech’s high concentration risk but say stocks like Nvidia have some bubble protection due to this one factor.
A mix of tolerable benefit cuts and realistic revenue increases would make everyone better off
Subjecting the Super Bowl Predictor to statistical scrutiny.
Monday’s trillion-dollar stock-market wipeout will be remembered as an opportunity to scoop up shares of some of the most valuable U.S. companies at a discount, according to a team of equity strategists at Goldman Sachs Group.
Operator of Truth Social media platform that’s majority owned by President Trump to offer separately-managed accounts and invest in crypto securities.
For 2025, the company expects postpaid net customer additions between 5.5 million and 6 million, which T-Mobile’s highest-ever guidance range issued at the beginning of the year.
Shares of vaccine maker Moderna fell Wednesday as Goldman Sachs lowered its rating after the biotech’s second cut to product revenue guidance in six months.
The U.S. posted a record trade deficit in good in 2024, spotlighting what is likely to be running sore spot under the second administration of President Trump.
