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Breaking News: Economy

Delta Air Lines (DAL) earnings Q2 2024

by Franz Hernandez
Delta Air Lines (DAL) earnings Q2 2024

Delta Air Lines on Thursday forecast record revenue for the third quarter thanks to booming summer travel demand, but its projection fell short of analysts’ estimates as carriers discounted fares …

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Kamala Harris needs to turn her political fortunes around in quicktime

by Vera Ward
Kamala Harris needs to turn her political fortunes around in quicktime

Vice President Kamala Harris speaks during a political event at the Air Zoo Aerospace & Science Experience in Portage, Michigan, on July 17, 2024. Jeff Kowalsky | AFP | Getty …

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Boeing’s missteps have cost it billions. Here’s its path forward

by Franz Hernandez
Boeing’s missteps have cost it billions. Here’s its path forward

An American Airlines Boeing 737 MAX 8 flight from Los Angeles approaches for landing at Reagan National Airport shortly after an announcement was made by the FAA that the planes …

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Trade feuds aside, Chinese firms are committed to U.S. market: Survey

by Walter Watson
Trade feuds aside, Chinese firms are committed to U.S. market: Survey

GP: American flag and Chinese flag Matt Anderson Photography | Moment | Getty Images A recent survey of Chinese enterprises in the U.S. has found that a majority remain bullish …

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Fed Governor Bowman says she’s still open to raising rates if inflation doesn’t improve

by Ron Morgan
Fed Governor Bowman says she’s still open to raising rates if inflation doesn’t improve

Michelle Bowman, governor of the US Federal Reserve, speaks during the Exchequer Club meeting in Washington, DC, US, on Wednesday, Feb. 21, 2024.  Kent Nishimura | Bloomberg | Getty Images …

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Delta, United compete to be America’s luxury airline

by Franz Hernandez
Delta, United compete to be America’s luxury airline

An Airbus A330-323 aircraft, operated by Delta Air Lines. Benoit Tessier | Reuters Delta Air Lines is the country’s most profitable airline. CEO Ed Bastian’s challenge is to make sure …

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IMF chief says Europe looks like ‘an ideas supermarket’ for the U.S.

by Walter Watson
IMF chief says Europe looks like ‘an ideas supermarket’ for the U.S.

Kristalina Georgieva, chief executive officer of the World Bank Group, arrives to a briefing at the annual meetings of the International Monetary Fund (IMF) and World Bank in Washington, DC, …

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Switzerland trims key interest rate to 1.25% in second cut of the year

by Walter Watson
Switzerland trims key interest rate to 1.25% in second cut of the year

A view of the headquarters of the Swiss National Bank (SNB), before a press conference in Zurich, Switzerland, March 21, 2024.  Denis Balibouse | Reuters The Swiss National Bank on …

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Swiss regulator rules out UBS antitrust action over Credit Suisse deal

by Walter Watson
Swiss regulator rules out UBS antitrust action over Credit Suisse deal

A logo of Swiss banking giant UBS in Zurich, on March 23, 2023. Fabrice Coffrini | Afp | Getty Images Switzerland’s financial regulator ruled on Wednesday that the UBS takeover …

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EU to challenge U.S., China strategically on trade, Vestager says

by Walter Watson
EU to challenge U.S., China strategically on trade, Vestager says

Executive Vice President of the European Commission for A Europe Fit for the Digital Age Margrethe Vestager talks to media in the Berlaymont, the EU Commission headquarter on May 23, …

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