Breaking News: Economy
Frontier Airlines offers free checked bags promotion in swipe at Southwest
Frontier Airlines Nurphoto | Nurphoto | Getty Images Frontier Airlines took a swipe at Southwest Airlines‘ plan to start charging for seat assignments and checked luggage by doing the opposite. Budget carrier Frontier said customers can receive a bundle that includes a seat assignment and a carry-on bag without an upcharge if they book Tuesday through […]
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Slower economic growth is likely ahead with risk of a recession rising, according to the CNBC Fed Survey
CNBC Fed Survey Slower economic growth is likely ahead with risk of a recession rising, according to the CNBC Fed Survey Published Tue, Mar 18 20256:37 AM EDTUpdated 43 Min Ago Steve Liesman@steveliesman WATCH LIVE Source
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Trump economic advisor Kevin Hassett warns of more uncertainty over tariffs
President Donald Trump’s top economic aide on Monday warned of more economic uncertainty stemming from the United States’ evolving tariff agenda. “Absolutely, between now and April 2, there’ll be some uncertainty,” National Economic Council director Kevin Hassett said on CNBC’s “Squawk Box,” referring to the date on which Trump says he will unveil “reciprocal” tariff […]
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Stocks making the biggest moves premarket: Affirm, Netflix, Incyte, Norwegian Cruise Line & more
Check out the companies making headlines before the bell. Norwegian Cruise Line — Shares of the cruise operator rose 4% on the back of an upgrade from JPMorgan to overweight from neutral. The firm is bullish on the company, citing that its management has indicated no change in booking curves and cancellation rates, or cracks […]
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‘Buy European’: Airbus and others call for sovereign fund and higher Europe tech autonomy
European Commission President Ursula von der Leyen attends a press conference after a European Union leaders’ special summit to discuss Ukraine and European defense, in Brussels, Belgium March 6, 2025. Stephanie Lecocq | Reuters Airbus and over 90 other European companies and lobby groups have called on the European Commission to create a sovereign infrastructure […]
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OECD cuts U.S. and global economic outlooks as Trump’s trade tariffs weigh on growth
Undiscouraged by the rain, shoppers and visitors out on Oxford Street braving the bad weather from the latest storm using umbrellas on 28th January 2025 in London, United Kingdom. Oxford Street is a major retail centre in the West End of the capital and is Europes busiest shopping street with around half a million daily […]
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Treasury Secretary Bessent says White House is heading off a ‘guaranteed’ financial crisis
Treasury Secretary Scott Bessent speaking to CNBC on March 13th, 2025. CNBC Treasury Secretary Scott Bessent said Sunday the Trump administration is focused on preventing a financial crisis that could be the result of massive government spending over the past few years. “What I could guarantee is we would have had a financial crisis. I’ve studied […]
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‘See you in four years’: Canada flexes economic muscle as tariff negotiations continue
A “Shop Canadian” sign is seen at the entrance of a supermarket in Vancouver, British Columbia, Canada, March 4, 2025. Liang Seng | Xinhua News Agency | Getty Images Canadians are swapping their friendly auras for a fierce sense of nationalism amid U.S. President Donald Trump’s attacks on the country’s trade and sovereignty. Trump’s mostly […]
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Y Combinator startups are fastest growing, most profitable in fund history because of AI
Silicon Valley’s earliest stage companies are getting a major boost from artificial intelligence. Startup accelerator Y Combinator — known for backing Airbnb, Dropbox and Stripe — this week held its annual demo day in San Francisco, where founders pitched their startups to an auditorium of potential venture capital investors. Y Combinator CEO Garry Tan told […]
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Goodbye to ‘bags fly free’ on Southwest Airlines, the last freebie in America
Passengers check in for Southwest Airlines flights at Chicago Midway International Airport on Feb. 18, 2025 in Chicago, Illinois. Scott Olson | Getty Images Almost nothing is guaranteed in life. Certainly not weather, electricity, health, tariffs or eggs. But for more than 50 years, American consumers could count on Southwest Airlines letting them check bags […]
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