Southwest and American lifted their fourth-quarter forecasts, betting on buoyant domestic travel demand during the holiday season and improved pricing.
Read More Southwest Airlines, American lift forecasts as holiday travel takes off
Category: Business
Tech rally drives S&P 500, Nasdaq to record highs; Powell comments in focus
Wall Street’s main indexes climbed on Wednesday, while investors awaited comments from Federal Reserve Chair Jerome Powell later in the day.
Read More Tech rally drives S&P 500, Nasdaq to record highs; Powell comments in focus
Wall St opens slightly lower ahead of data, Fed commentary
Wall Street opened a touch lower on Tuesday after the S&P 500 and the Nasdaq notched record high levels in the last session, with focus on a crucial jobs report later this week.
Read More Wall St opens slightly lower ahead of data, Fed commentary
US retailers aim to cash in on Cyber Monday with steep online discounts
Retailers are pulling out all the stops with steep promotions and discounts on their websites and apps after the long Thanksgiving weekend.
Read More US retailers aim to cash in on Cyber Monday with steep online discounts
Inflation drives bargain hunt among Black Friday shoppers
Some retailers found small clusters of early Black Friday shoppers waiting outside stores for exclusive merchandise, such as Taylor Swift’s new $39.99 Eras Tour book sold only at Target stores.
Read More Inflation drives bargain hunt among Black Friday shoppers
US third-quarter economic growth unrevised at 2.8%
The U.S. economy grew at a solid clip in the third quarter, the government confirmed on Wednesday, amid robust consumer spending.
Read More US third-quarter economic growth unrevised at 2.8%