Airline CEOs urged by lawmaker to lower fares if fuel prices come down
Airlines have raised airfare, fuel surcharges and baggage fees this year to help cover a surge in fuel costs since the Iran war started on Feb. 28.

Airlines have raised airfare, fuel surcharges and baggage fees this year to help cover a surge in fuel costs since the Iran war started on Feb. 28.
The U.S. has signaled optimism about the prospect of reaching a diplomatic end to the Iran war.
Charles Schwab is rolling out crypto trading, allowing clients to buy bitcoin and ether through a new arm called Schwab Crypto.
PepsiCo's quarterly earnings and revenue topped Wall Street's expectations.
Williams noted that the conflict has "intensified the uncertainty" around national and local conditions.
Sens. Elizabeth Warren, D-Mass., and Richard Blumenthal, D-Conn., are investigating the NLRB after it dropped charges against Elon Musk's SpaceX in February over retaliatory firings.
Swiss chocolate maker Barry Callebaut on Thursday lowered its operating profit outlook, citing supply concerns and industry overcapacity.
The carrier is facing the added challenge of a spike in the price of fuel. Fuel is airlines' biggest expense after labor.
TSMC reported another quarter of record profit, with the company expecting AI demand to continue to grow.
Sen. Heinrich proposed amending a bill to temporarily close the monument and require the government to examine a new monument to honor the farm labor movement.
Lawyers and advisors to the wealthy share tax tactics from long-short equity strategies to front-loading charitable gifts.
Goldman's identity as a trader's firm — one expected to perform in turbulent markets — makes any stumble in the division notable.
Hundreds of large Amazon sellers are boycotting the online retailer's advertising platform on Wednesday to protest the policy changes.
The U.S. president said he was "trying to get a little breathing room between Israel and Lebanon."
Stocks look to build on record-setting session, driven by hopes of an end to the Iran war.
Treasury Secretary Scott Bessent says the Trump administration expects banks to comply in collecting citizenship information from customers.
More high school graduates are pursuing a two-year degree over a four-year college path, recent studies show.
SUVs may have taken over America, but high prices and oversaturation are pushing some customers — and automakers — back to sedans.
More homes are hitting the market this spring, but high prices and mortgage rates are still keeping many buyers on the sidelines.
One policymaker said officials were worried about a "layer cake of shocks."
The information sought includes so-called Tag 50 identifiers, which can be used to determine who was behind the trades.
The International Monetary Fund has raised the alarm over a global “guns versus butter” trade-off as countries ramp up defense spending.
The U.K.'s Financial Conduct Authority has overhauled its rules on short-selling.
The departure was announced alongside Ford detailing a new restructuring that includes the establishment of a "Product Creation and Industrialization" unit.