Breaking News: Economy
Why gold became the safe haven of choice as U.S. Treasurys and dollar sold off
One kilogram gold bars at the ABC Refinery smelter, operated by Pallion, in Sydney, Australia, on Thursday, April 17, 2025. Brendon Thorne | Bloomberg | Getty Images Gold prices have been on a tear with the recent trade turmoil driving investors to the safe haven, while competing assets such as the U.S. Treasurys and the […]
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Confidence in Trump’s handling of the U.S. economy plummets, new polls show
US President Donald Trump speaks with reporters outside the White House in Washington, DC, on April 23, 2025. Saul Loeb | Afp | Getty Images Americans’ confidence in President Donald Trump’s ability to manage the U.S. economy has plummeted since he regained the White House, new polls reveal. Just 37% of Americans approve of Trump’s […]
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Alaska Airlines warns of slower demand as second-quarter profit outlook falls short
An Alaska Airlines Boeing 737 MAX 9 plane sits at a gate at Seattle-Tacoma International Airport on Jan. 6, 2024. Stephen Brashear| Bloomberg | Getty Images Alaska Airlines on Wednesday warned that softer travel demand will eat into earnings in the second quarter, the latest in a chorus of carriers seeing weaker-than-expected bookings. Alaska said […]
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Alaska Airlines warns of slower demand as second-quarter profit outlook falls short
An Alaska Airlines Boeing 737 MAX 9 plane sits at a gate at Seattle-Tacoma International Airport on Jan. 6, 2024. Stephen Brashear| Bloomberg | Getty Images Alaska Airlines on Wednesday warned that softer travel demand will eat into earnings in the second quarter, the latest in a chorus of carriers seeing weaker-than-expected bookings. Alaska said […]
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Stocks making the biggest moves after hours: Chipotle, Texas Instruments, ServiceNow and more
Check out the companies making headlines in after-hours trading: Chipotle Mexican Grill — Chipotle missed first-quarter revenue estimates and said same-store sales declined for the first time since 2020, leading the stock to drop 2%. The burrito chain reported adjusted earnings per share of 29 cents, while analysts polled by LSEG forecast 28 cents per […]
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Travel + Leisure CEO: Didn’t see travel impacted in Q1 despite poor economic sentiment
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Mike Brown, Travel + Leisure president and CEO, joins ‘The Exchange’ to discuss the recent drama in the travel sector, if visitors from other countries are still visiting the U.S., and much more. Source
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Corporate America shelled out millions for Trump’s inauguration. Now he’s upending many of their businesses
U.S. President Donald Trump delivers remarks at the Business Roundtable’s quarterly meeting at the Business Roundtable headquarters on March 11, 2025 in Washington, DC. Andrew Harnik | Getty Images America’s richest and most powerful companies shelled out millions to fund President Donald Trump’s inauguration festivities. Three months later, some may be asking whether the famously […]
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International tourism to the U.S. slumps, but Americans can’t stop traveling overseas
Tourists look at the Bridge of Sighs in Venice, Italy, on Aug. 25, 2021. Andrea Merola | Bloomberg | Getty Images Caroline Smith, an accounting director from Verona, New Jersey, and her husband took their two children to Italy for Easter break this month. On the Spanish Steps in Rome, they ran into another family […]
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Trump wants automakers to move vehicle production to the U.S. It’s not that simple
Ford Motor Company’s electric F-150 Lightning on the production line at its Rouge Electric Vehicle Center in Dearborn, Michigan, on Sept. 8, 2022. Jeff Kowalsky | AFP | Getty Images DETROIT – When President Donald Trump hinted last week at a reprieve from 25% auto tariffs, he suggested it would be to allow automakers more […]
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Treasury Sec. Bessent says China, U.S. have ‘opportunity for a big deal’ on trade
US Treasury Secretary Scott Bessent speaks during the Institute of International Finance (IIF) Global Outlook Forum in Washington, DC on April 23, 2025. Jim Watson | Afp | Getty Images Treasury Secretary Scott Bessent on Wednesday said that “there is an opportunity for a big deal here” on trade issues between the United States and […]
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