Year: 2026
Delta Airlines is the most defensive airline with higher jet fuel prices, says TD Cowen’s Tom Fitzgerald
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email TD Cowen’s Tom Fitzgerald joins ‘Closing Bell’ to discuss how investors should play the airline space, the least defensive airline stocks and much more. Source
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Strait of Hormuz remains basically closed as Iran seizes ships after Trump ceasefire extension
Ships and tankers in the Strait of Hormuz off the coast of Musandam, Oman, April 18, 2026. Stringer | Reuters Ship traffic through the Strait of Hormuz remained very light on Wednesday, the first day since President Donald Trump extended the ceasefire with Iran. Trump’s decision to unilaterally extend the truce has not opened the […]
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Pirro says DOJ won’t drop Fed probe, will appeal judge’s order blocking Powell subpoenas
U.S. Attorney Jeanine Pirro on Wednesday doubled down on her investigation of the Federal Reserve, even as the controversial probe endangers the confirmation of Kevin Warsh, President Donald Trump’s pick to replace central bank Chairman Jerome Powell. The criminal investigation centers on alleged cost overruns associated with the ongoing renovations of two historic Fed buildings […]
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Kevin Warsh gave his preferred way for measuring inflation. It could come back to bite him
Kevin Warsh, President Donald Trump’s nominee for Federal Reserve chair, told lawmakers that he would like the central bank to change its strategy for measuring inflation. But Bank of America economist Aditya Bhave warned Wednesday that such a reconfiguration — part of a broader “regime change” that Warsh has promised for the central bank — […]
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Virginia redistricting election win buoys congressional Democrats
U.S. House Minority Leader Hakeem Jeffries (D-NY) speaks with reporters as he walks to his office following a press conference at the U.S. Capitol building on March 27, 2026 in Washington, DC. Samuel Corum | Getty Images House Minority Leader Hakeem Jeffries struck a defiant tone Wednesday morning on the heels of Democrats’ win in […]
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White House UAE financial lifeline raises bigger questions about booming Mideast economy post-war
Tourists and visitors walking around the Sheikh Zayed Grand Mosque the largest Mosque the United Arab Emirates, a key place of daily worship in Abu Dhabi, United Arab Emirates. There are 82 domes of seven different sizes and 4 minarets throughout, and has a large car park and a shopping mall underneath it. Andrew Aitchison […]
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Chubb’s earnings blew past the Street. Here’s why the stock is falling
Evan Greenberg, president and chief executive officer of Chubb Ltd., arrives for the morning session of the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, U.S., on Wednesday, July 10, 2019. Patrick T. Fallon | Bloomberg | Getty Images Chubb’s stock is falling on Wednesday despite a big earnings beat and a […]
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Travel and Leisure CEO on earnings: Couldn’t have scripted a better quarter
Michael Brown, Travel and Leisure CEO, joins ‘The Exchange’ to discuss business amid the Iran war, the company’s delinquency data and much more. Source
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Rivian hits production milestone for R2 EV ahead of customer deliveries
Rivian founder and CEO RJ Scaringe on April 22, 2026 drives the first customer-ready electric R2 SUV off the assembly line at the company’s plant in Normal, Illinois. Courtesy Rivian Rivian Automotive on Wednesday said it has started production of its new R2 all-electric vehicle for customers at its plant in Normal, Illinois. The start […]
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Bessent says ‘many’ U.S. allies have asked for currency swaps amid Iran war turbulence
U.S. Treasury Secretary Scott Bessent arrives to testify during a Senate Committee on Appropriations, Subcommittee on Financial Services and General Government hearing in the Dirksen Senate Office Building on April 22, 2026 in Washington, DC. Chip Somodevilla | Getty Images Treasury Secretary Scott Bessent said on Wednesday that “many” oil-rich U.S. allies in the Persian […]
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