adminJetBlue to open its first airport lounges as CEO focuses on getting ‘back to profitability’
For the first time ever, JetBlue (JBLU) is introducing lounges at New York City's JFK Airport and Boston's Logan International Airport as part of the company’s strategy to capture premium…
New Zealand PM Expects Citizen Exodus to Slow as Economy Revives
(Bloomberg) — New Zealand Prime Minister Christopher Luxon expects fewer citizens will leave the country as interest rates fall and the economy begins to recover from a prolonged slump. Most…
Oil Heads for Biggest Weekly Gain Since February After Fed Cut
(Bloomberg) — Oil was on track for the biggest weekly advance since February after a steep interest-rate cut by the Federal Reserve, while traders continued to monitor simmering tensions in…
Oil prices set to end week higher after US rate cut
SINGAPORE (Reuters) – Oil prices, which were little changed in early Asian trade on Friday, were on track to end higher for a second straight week following a large cut…
T-Mobile CEO talks Sprint merger, iPhone 16 demand, what’s next
High-octane T-Mobile (TMUS) CEO Mike Sievert is back with more big promises to investors four years after his company's last capital markets day with Wall Street. The company is targeting…
Ex-Kansas City Fed chief sees renewed inflation risk after large rate cut
By Mehnaz Yasmin (Reuters) – The U.S. central bank's decision to cut interest rates by half a percentage point leaves open the risk of a resurgence in inflation, a former…
US homebuilder stocks surge on hopes for demand boost after Fed rate cuts
Shares of major US homebuilders surged in premarket trade on Thursday, buoyed by expectations of higher demand due to reduced borrowing costs after the Federal Reserve unveiled an oversized interest…
US-listed crypto stocks jump after bumper rate cut from Fed
By Niket Nishant (Reuters) – U.S.-listed crypto shares jumped before the open on Thursday after a half-percentage point interest rate cut sparked a flight into risky assets, adding to the…
Stocks Rally Gathers Momentum as Fed Cut Sinks In: Markets Wrap
(Bloomberg) — Share futures rallied alongside Asian equities on expectations the Federal Reserve’s half-percentage-point interest-rate cut will guide the world’s largest economy toward a so-called soft landing. Most Read from…
Bitcoin Climbs With US Equity Futures as Traders Digest Fed Cut
(Bloomberg) — Bitcoin hit a three-week high alongside a jump in US equity futures as an outsized Federal Reserve interest-rate cut rippled across markets. Most Read from Bloomberg The digital…
