Economy

December 18, 2024

Hershey shares surge as rumors of Mondelez takeover resurface

Kyle C. Garrison

Hershey shares surged as much as 15% in Monday trading following a Bloomberg report suggesting Mondelez may attempt another takeover of the iconic chocolate company. This marks a notable development…

Economy

December 17, 2024

Optimism about household finances surges after Donald Trump’s election win

Kyle C. Garrison

A wave of optimism about personal finances has spread among Americans following Donald Trump's victory in November's presidential election, according to a survey released Monday by the Federal Reserve Bank…

Economy

December 17, 2024

Alaska Airlines targets $1 billion profit growth by 2027 with international expansion and premium services

Kyle C. Garrison

Alaska Airlines is targeting significant growth, with a goal of increasing profits by $1 billion by 2027. The airline is banking on growing demand for premium travel and its recent…

Economy

December 10, 2024

Jerome Powell and the Federal Reserve’s next move: Balancing rate cuts and economic stability

Kyle C. Garrison

Jerome Powell, chair of the Federal Reserve, faces a crucial moment as the central bank prepares for its next policy meeting. The latest jobs report all but solidified expectations of…

Economy

December 8, 2024

China’s growth efforts show cautious progress as businesses await more impact

Kyle C. Garrison

China's recent push to spur economic growth has shown modest progress, but the broader impact remains limited. Earnings and corporate data suggest that a solid recovery in the world's second-largest…

Economy

December 7, 2024

Trump plans to nominate Paul Atkins as SEC chairman in a cryptocurrency-friendly move

Kyle C. Garrison

Paul Atkins, CEO of Patomak Global Partners and an expert figure in financial regulation, has been chosen by President-elect Donald Trump to lead the Securities and Exchange Commission (SEC). The…

Economy

December 7, 2024

JetBlue adjusts flight network to boost profitability and cut costs

Kyle C. Garrison

JetBlue Airways is making significant changes to its flight operations as part of a strategy to streamline costs and increase profitability. The airline told staff on Wednesday that it will…

Economy

December 5, 2024

Frontier Airlines to introduce first-class seating in competitive shift

Kyle C. Garrison

Frontier Airlines, one of the world's leading low-cost airlines, is poised to introduce first-class seating as part of a strategic shift aimed at attracting customers seeking greater comfort and personal…

Economy

December 5, 2024

Job openings rise in October as hiring slows, signaling a cooling labor market

Kyle C. Garrison

The U.S. job market showed mixed signals in October, as job postings increased while hiring fell, according to data released Tuesday by the Bureau of Labor Statistics (BLS). The report,…

Economy