Month: December 2024
South Korean president declares emergency martial law, accusing opposition of anti-state activities
South Korea’s President Yoon Suk Yeol speaks during a ceremony held to mark the 74th anniversary of the start of the 1950-1953 Korean War, in Daegu on June 25, 2024. Ahn Young-joon | Afp | Getty Images South Korean President Yoon Suk Yeol declared an “emergency martial law,” Tuesday accusing the country’s opposition of controlling […]
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Stocks making the biggest premarket moves: U.S. Steel, AT&T, Synchrony Financial, CVS and more
Check out the companies making the biggest moves in premarket trading: U.S. Steel — Shares tumbled 7% after President-elect Donald Trump said late Monday he will block the purchase of the steelmaker by Japan’s Nippon Steel. A deal was reached in late 2023 for Nippon Steel to buy U.S. Steel, but it has since encountered […]
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Younger generations are spending more of their discretionary income on travel: Hopper’s Hayley Berg
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Hayley Berg, Hopper lead economist, joins ‘Squawk Box’ to discuss the origins of ‘Travel Tuesday’, state of the consumer, travel demand outlook, and more. Source
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5 things to know before the stock market opens Tuesday
Here are the most important news items that investors need to start their trading day: 1. New highs A specialist trader works at his post on the floor at the New York Stock Exchange (NYSE) in New York City. Brendan McDermid | Reuters The first trading day of December brought fresh closing records for both […]
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Frontier Airlines will install first-class seats as industry battles for high-paying flyers
Frontier Airlines planes are parked at gates in Denver International Airport (DEN) in Denver, Colorado, on August 5, 2023. Daniel Slim | Afp | Getty Images Frontier Airlines, one of the world’s biggest budget airlines, is adding first-class seats. Its change in strategy comes as as the industry is battling for customers who are willing […]
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‘Realistic’ green policies good for the U.S., Aramco CEO says, with Trump to return to White House
Amin Nasser, CEO of Saudi Aramco, speaks at the 2024 CERAWeek by S&P Global conference in Houston, Texas, on March 18, 2024. F. Carter Smith | Bloomberg | Getty Images “Realistic” green transition standards will benefit the U.S. energy industry, the CEO of the world’s largest oil producer said Tuesday, as the White House prepares […]
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BlackRock expanding in private credit, buys HPS Investment Partners for $12 billion
Andrew Ross Sorkin speaks with BlackRock CEO Larry Fink during the New York Times DealBook Summit in the Appel Room at the Jazz At Lincoln Center on November 30, 2022 in New York City. Michael M. Santiago | Getty Images BlackRock said Tuesday it will acquire HPS Investment Partners for $12 billion in stock, as […]
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Shoppers hunt for deals, but Dollar General and Dollar Tree aren’t reaping the benefits
As shoppers look for value, dollar stores might seem to be logical destinations. But that penny-pinching mentality hasn’t been enough to lift sales for Dollar Tree and Dollar General. Shares of the deep discounters have plunged so far in 2024. The retailers have each cut their full-year forecasts because of weaker-than-expected sales. And both have […]
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Banks hit credit card users with higher rates in response to regulation that may never arrive
A customer uses a credit card to pay for items January 28, 2022 at a retail shop in New York City. Robert Nickelsberg | Getty Images Banks that issue credit cards used by millions of consumers raised interest rates and introduced new fees over the past year in response to an impending regulation that most […]
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Microsoft faces £1 billion lawsuit in UK for allegedly overcharging rival cloud firms’ customers
UKRAINE – 2022/01/07: In this photo illustration a Microsoft Azure logo seen displayed on a smartphone. (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images LONDON — Microsoft on Tuesday was accused of unfairly overcharging customers of rival cloud companies in a lawsuit claiming damages of more than £1 […]
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