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Financial markets

Quebec’s stock market regulator can go after Canada’s Panama Papers kingpin, Supreme Court rules

by Anas Siddiqui
Quebec’s stock market regulator can go after Canada’s Panama Papers kingpin, Supreme Court rules

Everyone seems to want a piece of Fred Sharp, the self-styled private banker from West Vancouver who built a huge network of offshore companies that facilitated, according to U.S. court …

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Industrial and Commercial Bank of China’s trades with U.S. Treasury disrupted by hackers

by Walter Watson
Industrial and Commercial Bank of China’s trades with U.S. Treasury disrupted by hackers

The Industrial and Commercial Bank of China’s (ICBC) U.S. arm was hit by a ransomware attack that disrupted trades in the U.S. Treasury market on Thursday, the latest in a …

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U.S. central bank holds rate steady, but leaves door open to more hikes

by Anas Siddiqui
U.S. central bank holds rate steady, but leaves door open to more hikes

The U.S. Federal Reserve kept its key short-term interest rate unchanged Wednesday for a second straight time but left the door open to further rate hikes if inflation pressures should …

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Southwest Airlines quarterly profit slides 30% and says growth will slow next year

by Franz Hernandez
Southwest Airlines quarterly profit slides 30% and says growth will slow next year

DALLAS — Southwest Airlines’ third-quarter profit fell 30% to $193 million despite record revenue as leisure travel boomed over the summer. The airline’s labor costs rose sharply, however, more than …

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Shares of United Airlines plunge on sour outlook for 4Q profit because of rising fuel prices

by Franz Hernandez
Shares of United Airlines plunge on sour outlook for 4Q profit because of rising fuel prices

Shares of United Airlines are tumbling based on the carrier’s gloomy outlook for fourth-quarter profit ByThe Associated Press October 18, 2023, 10:23 AM FILE – In this July 2, 2021 …

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A busy summer pushes United Airlines to a $1.14 billion profit, but fuel cost will hurt 4Q results

by Franz Hernandez
A busy summer pushes United Airlines to a .14 billion profit, but fuel cost will hurt 4Q results

The summer travel season was very good for U.S. airlines, but rising fuel prices are setting up a turbulent fourth quarter ByThe Associated Press October 17, 2023, 4:46 PM FILE …

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Movie Review: ‘Dumb Money’ recalls GameStop squeeze, when regular folk put the screws on Wall Street

by Sam Bailey
Movie Review: ‘Dumb Money’ recalls GameStop squeeze, when regular folk put the screws on Wall Street

The little guy — or at least the little guy with a few hundred bucks to sink into the stock market — gets a movie to cheer with “Dumb Money,” …

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This Intermediate-Level Stock Trading Course Is $30 Right Now

by Ron Morgan
This Intermediate-Level Stock Trading Course Is  Right Now

Image: Master the Market If you’re interested in learning how to start buying and selling stock, bonds, and crypto, the Ultimate Candlestick Trading and Analysis Master Class Bundle is on …

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American Airlines made $1.3 billion in the second quarter as travel booms and fuel prices drop

by Franz Hernandez
American Airlines made .3 billion in the second quarter as travel booms and fuel prices drop

American Airlines is reporting a $1.3 billion profit for the second quarter, continuing the run of strong results from the nation’s airlines File – An American Airlines plane lands at …

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Delta Air Lines is soaring to a record $1.8 billion profit as summer vacationers pack planes

by Franz Hernandez
Delta Air Lines is soaring to a record .8 billion profit as summer vacationers pack planes

Delta Air Lines soared to a record quarterly profit of more than $1.8 billion as summer vacationers packed planes, especially to international destinations, and the airline enjoyed a tailwind from …

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