Spirit Airlines to furlough 270 pilots, demote more than 100 others

A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in Los Angeles, California. Kevin Carter | Getty Images News | Getty Images Spirit Airlines said Monday that it will furlough 270 pilots this fall as the carrier prepares for a smaller off-season schedule to try […]
This company nailed a moon landing. Now it’s preparing to go public.

Firefly Aerospace could be valued at as much as $5.5 billion if the IPO prices at the top of the expected range.
JPMorgan says fintech middlemen like Plaid are ‘massively taxing’ its systems

Jamie Dimon, chief executive officer of JPMorgan Chase & Co., at the Institute of International Finance (IIF) during the annual meetings of the IMF and World Bank in Washington, DC, US, on Thursday, Oct. 24, 2024. Kent Nishimura | Bloomberg | Getty Images JPMorgan Chase says fintech middlemen — the companies that have helped a […]
Nike’s stock jumps after an analyst says ‘just buy it’ ahead of soccer World Cup

Nike’s stock extends its recent surge after J.P. Morgan upgraded it to overweight from neutral.
IonQ hires former JPMorgan Chase applied research head

Marco Pistoia Source: JP Morgan IonQ has hired the former head of applied research at JPMorgan Chase to help corporate clients of the quantum firm adopt next-generation hardware, algorithms and security, CNBC has learned. Marco Pistoia, who was head of JPMorgan’s internal research group from 2020 to this year, will join IonQ as senior vice […]
UnitedHealth UNH Q2 earnings preview

Omar Marques | Lightrocket | Getty Images UnitedHealth Group Chairman and CEO Stephen Hemsley will face the first real test Tuesday of his ability to regain investor confidence as the largest private U.S. insurer reports earnings. The Dow component has seen its share price cut nearly in half since mid-May, with the stock on pace […]
Powell faces his most pivotal test yet: Trump pressure, Fed dissent and a sky-high stock market

But this week all eyes will be on Powell as he holds a solo press conference Wednesday that will be must-watch TV amid the political drama.
‘The selling agent is long dead’: My $250,000 term life-insurance policy costs $2,000 a month. I’m 80. Is it time to ditch it?

“I took out a $250,000 policy for a 10-year term. At the time, the payments were $200 per month.”
Stock futures rise after U.S.-E.U. trade deal, and ahead of big Fed meeting

U.S. stock futures rose late Sunday, as a busy week for markets kicked off with the U.S. and the European Union agreeing to the framework of a trade deal, avoiding the risk of an all-out transatlantic trade war.
Is now a good time to invest in the S&P 500? I’m 66, retired and have $200K to invest.

On Friday, the S&P 500 achieved its fifth consecutive record finish, its longest streak of record closing highs since July 10, 2024.



