United Airlines slashes 2026 forecast as fuel costs surge
The carrier’s first-quarter earnings topped Wall Street’s expectations.
Is this a new Gilded Age in American commercial air travel? Airlines hope so.
Airlines are pouring money into flashy premium-class upgrades to keep attracting big spenders while the average traveler struggles to afford basic airfare.
UPS and FedEx have begun filing for some tariff refunds
UPS and FedEx have begun filing requests for some tariff refunds through the government’s refund process, but those funds could take months to reach customers.
Trump says 'maybe' government should help struggling Spirit Airlines
Trump told CNBC’s “Squawk Box”: “I think I’d love somebody to buy Spirit, as an example.”
Retail sales jump to a 3-year high due to surging gas prices, but consumers also aren’t showing any quit
In March, sales at U.S. retailers posted the biggest gain in three years, but the increase was driven by higher gasoline prices and rising inflation, both of which could sap the economy if they don’t ease soon.
The end of freedom of the seas: Why global shipping may never be the same
Freedom of maritime navigation has long been considered a staple feature of the post-war liberal order but all this is changing in the era of competing superpowers
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Sandwich chain Jersey Mike's confidentially files for IPO
Blackstone bought a majority stake in the sandwich chain in 2024 in a deal that valued the company at roughly $8 billion.
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