Delta Faces Major Disruption From Microsoft Outage
Travelers wait in line at a Delta Airlines counter at Ronald Reagan National Airport in Arlington, Virginia, on July 19, 2024. Airlines around the world have been severely disrupted by…
IMF questions rapid rate-cutting path amid persistent inflation
The International Monetary Fund (IMF) has tempered expectations for rapid interest rate cuts, warning of increased inflation risks that could extend the Federal Reserve's tightening cycle. While recent data have…
Small-Cap Stocks Rise: Diversification Strategy or Sustainable Trend?
The recent rally in small-cap stocks has sparked debate among market experts. While some see it as a simple diversification move by investors looking to spread risk across asset classes,…
Trump Signals Support for Powell to Continue as Fed Chairman if Elected in November
In an interview with Bloomberg Businessweek, Republican presidential candidate and former U.S. President Donald Trump said he would allow Federal Reserve Chairman Jerome Powell to complete his term if he…
Mid-Day Market Action: CrowdStrike, Plug Power, Comerica and More
Several stocks have seen significant mid-day changes in the market today. Among them are CrowdStrike, Plug Power, and Comerica. Here's a closer look at the major players making headlines. Crowd…
United Airlines Posts Strong Q2, But Gloomy Outlook Clouds Horizon
Chicago – United Airlines reported a solid second quarter, driven by rising demand for international travel. However, the carrier’s less-than-stellar third-quarter outlook cast a shadow over its otherwise strong performance.…
Royal Caribbean Focuses on Shorter Cruises and Immersive Experiences
Royal Caribbean Cruises is charting a new course to capture the evolving preferences of vacationers. As competition for leisure dollars intensifies, the cruise line is focusing on shorter itineraries packed…
Stocks That Moved Biggest After Hours: Five Below, Interactive Brokers, JB Hunt, and More
Key points Retail and transportation stocks shine: Shares of Five Below and JB Hunt rose after the close of trading, reflecting positive developments in the retail and transportation sectors, respectively.…