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It isn't just Boeing that's bleeding billions major US airlines are hemorrhaging cash too
Southwest Airlines and American Airlines reported losses in the first quarter of 2024.
Kwan Wei Kevin Tan
Why the Fed's rate-cutting agenda could spark a recession, according to top economist Mohamed El Erian
The economy has a 35% chance of a hard-landing, according to top economist Mohamed El-Erian.
Jennifer Sor
Egypt issues Chinese yuan-denominated panda bonds for the first time, getting lower rate than dollar-based debt
Egypt issued three-year panda bonds worth 3.5 billion yuan, or about $479 million, marking another …
Aruni Soni
Why the Fed may want to cut rates to tame inflation, according to BlackRock's bond chief
"I would lay out an argument that actually, if you cut interest rates, you bring down inflation," R…
Jennifer Sor
Stock market today: US stocks climb on solid earnings and rate cut hopes
The S&P 500 extended its gains from Friday and capped off its best three-day rally of the year so f…
Matthew Fox
McDonald's says cash-strapped diners are choosing to eat at home more often
It's "certainly likely" that fewer people will dine out at informal restaurants this year amid risi…
Grace Dean
US budget deficit blows out 64% as the nation burns cash like a 'drunken sailor'
The US budget deficit jumped to $2.3 trillion in the 12 months through June – that's a 64% increase…
Zahra Tayeb
US stocks trade slightly lower as investors await slew of economic data
Investors will be hearing from five Fed presidents later in the week, listening for any clues about…
Matthew Fox
Stock market today: US stocks climb as investors keep rate-cut hopes alive
Investors will look for further clues about interest rate cuts this year from a slew of Fed officia…
Matthew Fox
The US office sector will worsen through next year, and the recovery will be slower than after the 2008 crisis, Fitch Ratings says
Office loan delinquency will be higher than previously forecast in 2024 and 2025, Fitch Ratings wro…
Filip De Mott
Stock market today: Dow plunges 605 points as fresh economic data clouds outlook for rate cuts
Nvidia soared a day after reporting earnings, but the rest of the market flailed as new data reinfo…
Max Adams
5 ways to lower your portfolio's tax bill as government debt bites, BofA says
The end-game to America's $34 trillion pile of debt is either higher taxes or higher inflation. Her…
Matthew Fox
Warren Buffett's company just slashed its Apple stake and grew its cash pile to a record $189 billion
Warren Buffett's Berkshire Hathaway sold a net $17 billion of stocks last quarter, fueling a $21 bi…
Theron Mohamed
Cash is no longer king. So why are we still printing so much?
A Fed study showed that most payments are handled through debit or credit cards. However, experts s…
Lloyd Lee
The Dow Jones will eclipse 100,000 on a 'turbo booster' combo of earnings growth and Fed rate cuts, Wall Street CIO says
"Stock prices love strong earnings and lower interest rates," Main Street Research CIO James Demmer…
Matthew Fox
What the latest inflation data means for interest rates
In today's big story, we're looking at what a hotter-than-expected inflation report means for marke…
Dan DeFrancesco
Inside the company that has discovered the ultimate cash cow: teenage athletes
Michael Schwimer calls his company "Shark Tank for athletes." Critics call it indentured servitude.
Joseph Bien-Kahn
Trump cedes control of the cash collateral for his $175M civil-fraud bond under new agreement with NY officials
The GOP frontrunner and his bond underwriters agreed Monday to keep the cash in what's essentially …
Laura Italiano
India's gold demand up 8% in Jan-Mar to 136.6 tonne despite high rate
India's gold demand in value terms rose 20 per cent on an annual basis to Rs 75,470 crore durin…
PTI
SUVs to drive passenger vehicle volume 5-7% next financial year: Crisil
Passenger vehicle volume is expected to ascend to a new peak for the third straight time next finan…