U.S. airlines are hiking fares — and travelers keep booking
Executives say travelers keep booking despite big jumps in airfare as they seek to cover the cost of fuel.
Here’s everything to expect when the Fed issues its latest interest rate decision Wednesday
In what could be Jerome Powell’s final meeting as Fed chair, he and his fellow policymakers are likely to continue their cautious approach.
Starbucks raises full-year outlook as turnaround takes hold — despite higher gas prices
Starbucks’ global same-store sales, which only includes cafes open at least a year, increased 6.2%, fueled by more visits to its locations.
Trump ballroom unlikely to get White House Correspondents’ dinners or end president’s off-site events, critics say
Critics say a White House ballroom would be a “vanity” project for President Donald Trump. He and the Department of Justice say it’s needed for security.
OpenAI brings its models to Amazon’s cloud after ending exclusivity with Microsoft
OpenAI’s generative AI models are becoming available on Amazon’s cloud a day after the AI company revamped its relationship with longtime partner Microsoft.
JetBlue is full steam ahead on Fort Lauderdale, regardless of Spirit’s fate
JetBlue, United, Frontier and others added service to airports Spirit services after the carrier filed for bankruptcy for the second time in less than a year.
ABC faces renewed Trump backlash as Kimmel says comments ‘not, by any stretch’ call for violence
While it’s not the first time Kimmel has faced backlash over a show monologue, the renewed challenges now fall under freshly installed Disney CEO Josh D’Amaro.
Ryanair’s O’Leary warns European airlines could fail if jet fuel price doesn’t fall
Ryanair’s boss warned that European airlines could see “real failures” if jet fuel prices remain high, having “mushroomed” since the Iran war began.
Inflation could get in the way of Warsh’s desire to cut interest rates, CNBC survey finds
Respondents on average are not fully pricing a single rate cut this year.
Meta’s new AI model shows early promise, but investors want to see Zuckerberg’s strategy
Meta introduced its new AI model at the beginning of the second quarter, so Mark Zuckerberg’s commentary about the future will be key during earnings.
