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.
U.S. Navy stopped 13 ships from passing Iranian port blockade, Pentagon says
The U.S. has signaled optimism about the prospect of reaching a diplomatic end to the Iran war.
Charles Schwab to launch direct bitcoin, ethereum trading to compete with Robinhood
Charles Schwab is rolling out crypto trading, allowing clients to buy bitcoin and ether through a new arm called Schwab Crypto.
PepsiCo earnings beat estimates as Doritos, Lay's price cuts win back shoppers
PepsiCo's quarterly earnings and revenue topped Wall Street's expectations.
New York Fed President Williams worries war will slow growth, aggravate inflation
Williams noted that the conflict has "intensified the uncertainty" around national and local conditions.
Sens. Warren and Blumenthal investigate NLRB decision to drop charges against SpaceX for retaliatory firings
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.
World's biggest chocolate maker issues profit warning as cocoa prices collapse; shares plunge 17%
Swiss chocolate maker Barry Callebaut on Thursday lowered its operating profit outlook, citing supply concerns and industry overcapacity.
Spirit Airlines could liquidate as early as this week, sources say
The carrier is facing the added challenge of a spike in the price of fuel. Fuel is airlines' biggest expense after labor.
TSMC first-quarter profit rises 58%, beats estimates as AI demand fuels record run
TSMC reported another quarter of record profit, with the company expecting AI demand to continue to grow.
Epstein accusations fly in Senate after César Chávez Monument row
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.
How the wealthy are planning to cut their 2026 tax bills
Lawyers and advisors to the wealthy share tax tactics from long-short equity strategies to front-loading charitable gifts.
Goldman Sachs bond traders stumbled as Wall Street rivals thrived: 'A fire is being lit under' them
Goldman's identity as a trader's firm — one expected to perform in turbulent markets — makes any stumble in the division notable.
Amazon sellers boycott ads in policy change revolt: 'We're running out of f---ing margin'
Hundreds of large Amazon sellers are boycotting the online retailer's advertising platform on Wednesday to protest the policy changes.
Trump says Israel and Lebanon leaders to hold talks after first high-level meeting in decades
The U.S. president said he was "trying to get a little breathing room between Israel and Lebanon."
Jim Cramer's top 10 things to watch in the stock market Thursday
Stocks look to build on record-setting session, driven by hopes of an end to the Iran war.
Treasury Secretary Scott Bessent is preparing banks to collect citizenship data
Treasury Secretary Scott Bessent says the Trump administration expects banks to comply in collecting citizenship information from customers.
Community college enrollment rises as more grads pursue associate degrees
More high school graduates are pursuing a two-year degree over a four-year college path, recent studies show.
Why foreign automakers dominate the sedan market
SUVs may have taken over America, but high prices and oversaturation are pushing some customers — and automakers — back to sedans.
Spring homebuying season is here, but it’s not bringing much price relief for buyers
More homes are hitting the market this spring, but high prices and mortgage rates are still keeping many buyers on the sidelines.
ECB keeps markets guessing on rates with two weeks to go, warns of ‘layer cake of shocks’
One policymaker said officials were worried about a "layer cake of shocks."
Regulators are reportedly zeroing in on suspicious trades ahead of market-moving Trump post
The information sought includes so-called Tag 50 identifiers, which can be used to determine who was behind the trades.
‘Guns vs. butter’: IMF flags tough trade-offs as governments ramp up defense spending
The International Monetary Fund has raised the alarm over a global “guns versus butter” trade-off as countries ramp up defense spending.
UK eases rules for hedge funds in sweeping overhaul of short selling rules
The U.K.'s Financial Conduct Authority has overhauled its rules on short-selling.
Ford EV chief leaving automaker amid new restructuring efforts
The departure was announced alongside Ford detailing a new restructuring that includes the establishment of a "Product Creation and Industrialization" unit.