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Higher airfares can price out people from flying: IATA Chief EconomistAirlines plan to increase ticket prices to offset rising fuel costs. This move might make flying unaffordable for some travelers. Jet fuel ...
US SEC, Elon Musk defend 'compromise' settlement over Twitter purchasesMusk called the settlement a fair, adequate and reasonable resolution where "each side gave something up and each side gained something,"...
SEC defends Musk settlement over Twitter, saying it reflects 'compromises'In a filing in the Washington, D.C. federal court, the SEC also said in a footnote that the settlement if approved will allow Musk to publi...
Trump moves to block wider tariff refunds, appeals order covering all importersIn a landmark Supreme Court ruling, businesses are cashing in on refunds for import tariffs. Yet, the Trump administration intends to chall...
India bonds gain on foreign-bank buying as oil coolsThe benchmark 6.48% 2035 bond yield dipped 3.4 basis points to end at 7.0761%, easing the most in two weeks. Bond yields move inversely t...
Dollar set for sharp weekly loss versus yen after Japan steps inThe dollar logged its sharpest weekly drop against the yen since February amid suspected Japanese intervention. Authorities signalled disco...
Trump pursues new import taxes to replace the tariffs the Supreme Court rejectedThe Trump administration is scrambling to implement new, more durable tariffs after the Supreme Court struck down previous ones. Hearings a...
Trump pursues new import taxes to replace the tariffs the Supreme Court rejectedAmerica is facing new import taxes. These tariffs aim to replace temporary ones that expire soon. The government is initiating investigatio...
- US stocks: American Airlines dims 2026 forecast as high fuel costs hurt margins
American Airlines cut its 2026 profit forecast on Thursday, pushing the lower-end of the range to a loss, as sky-high jet fuel costs driven...
Global Markets | Asian stocks track US rally on Iran peace pushAsian markets opened higher, mirroring Wall Street's positive trend. Hopes for further United States-Iran talks have boosted investor confi...
US stocks today: US stocks jumps on Mideast de-escalation hopes; earnings in focusUS stocks climbed as optimism over possible US-Iran talks lifted sentiment, while investors digested mixed earnings from major firms. Tech ...
Buying the Dip: Chakri Lokapriya bets on financials, IT and cyclical revivalMarket volatility presents a chance for investors. Chakri Lokapriya, CIO-Equities at LGT Wealth, highlights opportunities in financials, IT...
Investors not quite sure markets have passed the Strait of HormuzMarkets are cautiously optimistic after a US-Iran ceasefire. Investors are watching fourth-quarter earnings and crude oil prices closely. F...
US Stocks: Delta scraps capacity growth plans as fuel price surge drives up costs, shares upDelta Air Lines on Wednesday forecast second-quarter profit below expectations and said it would pull all planned capacity growth from the ...
Easter eggs prices: Rates fall sharply across U.S. as consumers seek to fill Easter baskets. Check latest costTrump administration's decision to import nearly one billion eggs last year also helped lower prices, according to an official.
FTX sues Sam Bankman-Fried, others to recoup more than $1 billionFTX Trading on Thursday sued founder Sam Bankman-Fried and other former executives of the cryptocurrency exchange, seeking to recoup more t...
Malaysia’s 1MDB sues Deutsche Bank, Coutts, JP Morgan to recoup $23 billion1MDB is claiming $1.11 billion from Deutsche Bank (Malaysia) Bhd, $800 million from JP Morgan (Switzerland) Ltd and $1.03 billion from a Sw...
RBI buys $19.1 bn forex forwards in May to shore up reservesRBI will continue to shore up its forex kitty after having bought $19.1 bn of short-term forwards in May following improvement in investor ...
Investors seek over $40 bln from Bernard Madoff victim fundThe overseer of a US fund to compensate victims of Bernard Madoff's Ponzi scheme on Tuesday said he has received roughly 51,700 claims seek...
- Obama weighing new levy on banks: Report
The government official spoke on the condition of anonymity to discuss the president's thinking.