United States
Travelers are upset about rising costs, but most aren’t canceling their plans just yet
Summer travel talk sure isn’t what it used to be. Rather than sun, sand and surf, many travel discussions now center on inflation, rising fuel costs and flight cancellations, a situation which could derail a much-needed 2022 summer travel comeback. Travel conversations on Twitter decreased 75% from April to May, while discussions related to gas […]
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Inside the battle to tame costly airline cancellations and delays
WARRENTON, Va. – During a morning meeting in early May, staff at the federal air traffic command center rattle off a few of the day’s obstacles: storms near the Florida coast and in Texas, a military aircraft exercise, and a report of a bird strike at Newark Liberty International Airport. The center, about an hour’s […]
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Natural gas plummets as Freeport delays facility restart following explosion
Smoke billows from the Freeport LNG plant in Quintana, Texas, U.S., June 8, 2022, in this still image obtained from a social media video on June 9, 2022. Maribel Hill | Reuters Natural gas prices plunged on Tuesday, after Freeport LNG said its facility that had a fire last week likely won’t be back up […]
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Starbucks union: Company threatens that unionizing could jeopardize gender-affirming health care
A protester waves a sign near the Country Club Plaza Starbucks store where dozens of Starbucks employees and union supporters protested alleged anti-union tactics by the company Thursday, March 3, 2022. Jill Toyoshiba | Tribune News Service | Getty Images Starbucks is telling its baristas that unionizing could jeopardize the gender-affirming health care coverage for […]
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U.S. airline bookings slipped again in May with fares 30% higher than 2019
Travelers walk through Terminal A at Orlando International Airport on Christmas Day, Saturday, December 25, 2021. Stephen M. Dowell | Orlando Sentinel | Getty Images U.S. airline bookings slipped 2.3% in May from a month earlier, the second consecutive monthly drop this year, while fares soared over 2019 levels, according to an Adobe report published […]
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‘Profit recession’ warning as markets wait for aggressive central bank moves
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, June 13, 2022. Brendan McDermid | Reuters Global stock markets diverged on Tuesday after a worldwide sell-off in the previous session, as analysts assessed the longevity of the bear market and risk of recession. U.S. stock futures bounced in […]
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European stocks head for mixed open as global markets are rattled by central banks
LONDON — European stocks are expected to open in mixed territory on Tuesday after sharp declines in global markets on Monday amid fears that central banks will be forced into aggressive monetary policy tightening with inflation remaining high. The U.K.’s FTSE index is seen opening 23 points higher at 7,226, Germany’s DAX 44 points higher […]
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These beaten-down global tech stocks have strong fundamentals — and analysts love them
Tech stocks came under renewed pressure on Friday amid a broad sell-off in the market. CNBC Pro identifies the beaten down tech stocks from the U.S. and beyond that look to have strong fundamentals and are loved by analysts. Wall Street suffered a massive sell-off at the end of last week, as all major indexes […]
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Banks name the under-the-radar global stocks set to outperform a volatile market
HSBC produced a list of its “most attractive” buy-rated stocks, while JPMorgan identified other “pockets of opportunity” in the market. Source
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Despite the bitcoin selloff, it’s still an asset class that is accessible to anyone, says blockchain educator
Cleve Mesidor. Tom Williams | Cq-roll Call, Inc. | Getty Images Even as cryptocurrency craters as it has the past few weeks, it remains an asset class that is accessible to anyone, says a blockchain educator. And Cleve Mesidor says that’s why it’s drawing in Black and Latino communities. Bitcoin’s selloff, sparked by a reversal […]
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