Business

Delta Air Lines is experiencing a significant shift in its financial projections, with forecasts for first-quarter revenue and profits plummeting. The airline now predicts that its revenue growth for the quarter ending March 31 will hit a ceiling of 5%, a stark departure from earlier expectations of 6% to 8%. Such a downgrading isn’t merely

In a striking departure from traditional union rhetoric, Shawn Fain, President of the United Auto Workers (UAW), has emerged as an ally to President Trump’s economic strategy—specifically his proposal to implement tariffs on automotive imports. This alignment is curious, considering Fain’s past hostility towards Trump, especially during the tumultuous 2016 election period. In an interview

The tumultuous landscape of American financial regulation has drawn unexpected lines in the sand, particularly with the increasing uncertainty surrounding the Consumer Financial Protection Bureau (CFPB). For years, the CFPB has been the target of financial institutions, often seen as an overreaching entity hindering their operations. However, recent developments have transformed that dynamic. As the

Costco’s announcement of its latest earnings report marked a moment of conflicting responses in the investment community. Although the company managed to outperform revenue expectations with a staggering $63.72 billion, its earnings per share of $4.02 fell short of the anticipated $4.11. In an era where margins are often thin, particularly within the retail sector,

Senator Richard Blumenthal’s recent inquiry into Visa’s collaboration with Elon Musk’s platform, X, marks a critical juncture in the intersection of technology and consumer protection. The scrutiny stems from serious concerns about the potential risks associated with integrating digital payment systems into a social media platform notorious for its chaotic environment, rife with misinformation and

On a tense Thursday night, the skies over Florida became a battleground of sorts as the Federal Aviation Administration (FAA) issued a temporary flight halt to several major airports following a catastrophic failure during a SpaceX Starship test flight. The chaos that ensued affected critical airports such as Miami International, a key hub for American

Macy’s—a name that once stood as a symbol of shopping luxury—finds itself navigating turbulent waters yet again. After posting a disappointing quarter, the company showcases the challenges faced not just by it, but by legacy retailers across America. As investors speculate about the prowess of CEO Tony Spring in orchestrating much-needed changes, economic realities dictate

In an era marked by significant economic shifts, the rental market has defied expectations with an astounding surge in new apartment constructions. As per the latest reports, nearly 600,000 multifamily units were completed last year—the highest figure since 1974 and a staggering 34% increase from 2022. Major rental hubs like New York City, Dallas, and

Target’s fiscal fourth-quarter earnings report, set to be unveiled soon, is generating buzz among investors and market analysts alike. With projected earnings per share at $2.26 and estimated revenues of $30.8 billion, the stakes are high for the retail giant. However, behind these figures lies a complicated narrative steeped in declining earnings and strategic pivots

Serena Williams’ recent investment in the Women’s National Basketball Association’s (WNBA) Toronto Tempo is a significant milestone that goes beyond sports. This marks not only her entry into basketball ownership but also the broader advancement of women’s athletics, especially in leagues where female representation remains alarmingly low. Williams’ involvement symbolizes a profound commitment to promoting