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Category: Business

BALTIMORE, MARYLAND - OCTOBER 11: A Southwest Airlines airplane taxies from a gate at Baltimore Washington International Thurgood Marshall Airport on October 11, 2021 in Baltimore, Maryland. Southwest Airlines is working to catch up on a backlog after canceling hundreds of flights over the weekend, blaming air traffic control issues and weather. (Photo by Kevin Dietsch/Getty Images)

Southwest Airlines, American lift forecasts as holiday travel takes off

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
Specialist traders work inside a post on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 2, 2024. REUTERS/Brendan McDermid/File Photo

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
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 2, 2024. REUTERS/Brendan McDermid

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
Workers select products during Cyber Monday at the Amazon's fulfillment center in Robbinsville, New Jersey, U.S., December 2, 2024. REUTERS

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
Taylor Swift merchandise on display at a Target store in North Bergen, New Jersey, U.S, November 29, 2024. REUTERS/Siddharth Cavale

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
A back loader bucket is seen near the U.S. Capitol in Washington February 27, 2013. REUTERS/Gary Cameron/File Photo

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%

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