Technology stocks plummeted Thursday and the Nasdaq Composite headed for its worst day since 2020 on the heels of its record-setting day ever jump Wednesday.The tech-heavy index dropped more than 6% and was on pace for its eight-worst day… Read More...
The Wise logo displayed on a smartphone screen.Pavlo Gonchar | SOPA Images | LightRocket via Getty ImagesBritish fintech firm Wise nearly quadrupled pre-tax profits in its half-year results out on Tuesday, citing a boost from higher… Read More...
The White House is seen at dusk on September 30, 2023 in Washington, DC.Samuel Corum | Getty ImagesMoody's Investors Service on Friday lowered its ratings outlook on the United States' government to negative from stable, pointing to rising… Read More...
A Frontier Airlines airplane taxis past a Spirit Airlines aircraft at Indianapolis International Airport in Indianapolis, Indiana.Luke Sharrett | Bloomberg | Getty ImagesFORT WORTH, Texas — Airlines have a record 260 million seats to fill… Read More...
The 'Rhapsody of the Seas' cruise liner carrying US citizens leaves the Israeli port of Haifa to be evacuated to the Mediterranean island of Cyprus on October 16, 2023, amid the ongoing battles between Israel and the Palestinian Islamist… Read More...
Travelers are flocking to airport lounges in search of complimentary food, drinks and perhaps most importantly, a chance to relax away from the hordes of travelers at the gate. The problem: plenty of other travelers are too.Armed with… Read More...
A Boeing 787-10 Dreamliner, from United Airlines, taking off from Barcelona airport in Barcelona on March 28, 2023.JanValls | Nurphoto | Getty ImagesUnited Airlines said more expensive jet fuel and a halt to the carrier's Tel Aviv flights… Read More...
Delta Air Lines' profit rose nearly 60% in the third quarter as strong travel demand continued through the summer, particularly for international trips, though the carrier forecast full-year earnings toward the low end of an earlier… Read More...
Carnival's Breeze cruise ship leaves the Port of Miami.Christina Mendenhall | Bloomberg | Getty ImagesAs vacationers emerge into a post-pandemic travel world, cruises have made a spectacular comeback — and ticket prices are surging.Cruise… Read More...
An American Airlines 787 is loaded with cargo at Philadelphia International Airport.Leslie Josephs/CNBCMore companies are warning that a surge in the cost of fuel and employee pay hikes will eat into profits this quarter.Companies from… Read More...