Month: April 2026
Airbus reports falling profits as jet deliveries slow
File: Visitors pass an Airbus SAS A320 aircraft on the second day of the Farnborough International Air Show in Farnborough, U.K., on Tuesday, July 10, 2012. Matthew Lloyd | Bloomberg | Getty Images Airbus reported quarterly profits that halved from a year ago late Tuesday, as deliveries of its best-selling aircraft slowed. First-quarter sales came […]
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U.S. airlines are hiking fares — and travelers keep booking
A United Airlines plane taxis at Los Angeles International Airport on April 21, 2026 in Los Angeles, California. Justin Sullivan | Getty Images Jet fuel prices have surged this year since the attacks on Iran that began two months ago led to the Strait of Hormuz effectively closing. For now, airline executives say travelers are […]
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FCC launches review of Disney broadcast licenses years ahead of schedule
The Federal Communications Commission is seeking an early review of Disney’s broadcast station licenses following concerns around the company’s diversity, equity and inclusion efforts, according to a letter from FCC Chairman Brendan Carr Tuesday. The letter orders the company to file for early renewal for ABC-owned television stations and notes the action is related to an […]
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Here’s everything to expect when the Fed issues its latest interest rate decision Wednesday
Key Points In what could be Jerome Powell’s final meeting as Fed chair, he and his fellow policymakers are likely to continue their cautious approach to policy as questions linger over inflation and the labor market. The interest rate-setting Federal Open Market Committee is a virtual lock to keep its benchmark short-term interest rate steady. […]
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Trump White House ballroom unlikely to get WHCD buy-in — or end president’s off-site events, critics say
A member of the media raises her hand for a question as U.S. President Donald Trump talks while holding up renderings of the planned White House ballroom, aboard Air Force One en route to Joint Base Andrews, Maryland, U.S., March 29, 2026. Elizabeth Frantz | Reuters President Donald Trump, top officials in his administration and […]
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Treasury yields rise as U.S.-Iran peace talks hit an impasse
People walk into a meeting of the Board of Governors at the Federal Reserve in Washington DC. Getty Images U.S. Treasury yields rose on Tuesday as investors awaited developments on negotiations between the U.S. and Iran, which hit an impasse over the weekend. The yield on the 10-year U.S. Treasury note — the key benchmark […]
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UAE’s shock OPEC exit: What it means for the oil cartel’s future and for crude prices
The United Arab Emirates’ exit from OPEC this week will weaken the influence of the cartel and its leader Saudi Arabia on the oil market, a development that could prove bearish for prices over the long term. The UAE was the most influential member of OPEC behind Saudi Arabia. It was one of the few […]
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Ex-FBI Director James Comey indicted for his ‘8647’ seashell post on Instagram
FILE PHOTO: FBI Director James Comey testifies before the House Intelligence Committee hearing into alleged Russian meddling in the 2016 U.S. election, on Capitol Hill in Washington, U.S., March 20, 2017. Joshua Roberts | Reuters Former FBI Director James Comey has been indicted on charges alleging he threatened President Donald Trump when he posted an […]
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Josh Brown likes next-generation aviation stock as long-shot play on potential electric aircraft boom
Joby Aviation offers investors a way to gain exposure to the emerging electric vertical takeoff and landing (eVTOL) industry, Josh Brown, co-founder and CEO of Ritholtz Management, told CNBC on Tuesday. “Joby is my favorite out of the whole group, of all the companies working on eVTOLs,” Brown said on CNBC’s ” Halftime Report .” […]
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GM: Iran war causing cost increases, but pricey vehicles continue to sell
A Cadillac all-electric 2025 Escalade IQ luxury SUV is displayed during press day of the North American International Auto Show in Detroit, Michigan, September 14, 2023. Rebecca Cook | Reuters DETROIT — General Motors on Tuesday said the Iran war is causing cost increases to its business, but inflated consumer expenses such as higher gas […]
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