United Airlines posts net loss but forecasts profit for second quarter
United reported a loss for the first three months of the year but forecast a profit for the second quarter, when the peak summer travel season picks up.
Federal court strikes down a California city’s natural gas ban
The decision could have ramifications for similar efforts by other cities and counties in California to ban natural gas appliances in new buildings.
Ritholtz’s Josh Brown says the defense sector is having a breakout moment
The defense sector has a “guaranteed source of demand,” according to Ritholtz Wealth Management CEO Josh Brown.
Cheap Disney shares set to rise 30% the next 12 months on strong film slate, Deutsche Bank says
Deutsche Bank says shares of Disney could rally 34.6% over the next 12 months as it raises its short- and long-term earnings estimates for the company.
Some electric vehicles from BMW, Nissan, Hyundai and Volkswagen will no longer get federal tax credits
Revised tax incentives for electric vehicles are part of the Inflation Reduction Act, the landmark climate law that President Joe Biden signed in August.
Fed’s Bostic sees one more quarter-point rate hike, then a hold ‘for quite some time’
Atlanta Fed chief thinks the FOMC can watch and wait as the lags that come with monetary policy work their way through the economy.
Art Cashin says the next two weeks are critical for markets, outlines the bear case
While markets have remained relatively resilient despite last month’s regional banking crisis, Cashin warned that ongoing macroeconomic concerns could throw stocks for a spin.
Supreme Court gives New Jersey, shipping industry and unions a win in New York ports case
The ruling by the Supreme Court in favor of New Jersey over New York is a victory for the container shipping industry and a dockworkers union.
College Decision Day is coming up: Here’s what to know before choosing a school
Students have less than two weeks to figure out which college they will attend ahead of National College Decision Day on May 1.
Elon Musk plans ‘TruthGPT’ A.I. to rival OpenAI, DeepMind
Tesla, SpaceX and Twitter CEO Elon Musk called for regulation of AI during a taped interview that aired on Fox News Channel’s “Tucker Carlson Tonight.”
