Trucking and logistics provider J.B. Hunt Transport Services Inc. on Tuesday said that its customers are still trying to figure out how to adapt to new tariff-related stresses, and said it had lost some business to rivals offering lower shipping prices. Source link
Inexpensive hotels and swaying palm trees have long attracted travelers to Southeast Asia, but Singapore is doubling down on a different strategy â focusing on increasing tourism receipts instead of traveler arrivals. Officials on Friday outlined a plan to increase tourism revenue in the city-state from a record-breaking $29.8 million in 2024 to $47 million-$50
Nvidia Corp.’s shares were tumbling in after-hours trading Tuesday, after the chip giant disclosed in a regulatory filing that it expects to include charges of up to $5.5 billion in its fiscal first quarter related to licensing of its chips to the Chinese market. Source link
One out of 31 children — more than 3% of kids — have been identified with autism, according to the latest results published Tuesday from a Centers for Disease Control and Prevention study that tracks trends of autism’s prevalence across some communities in the U.S. “They’ve again gone up dramatically, just in two years. We
Autism rate rises to 3% of children in CDC study Read More »
United Airlines is planning to cut flights starting this summer to match disappointing domestic travel demand while bookings for pricier, international trips remain strong. The carrier warned Tuesday that a recession could drive down profits this year, but said that booking trends are stable, and maintained its current full-year earnings forecast. The company left in
American Airlines plans to offer Wi-Fi for free starting in January as more carriers opt for complimentary internet service for their loyalty program members, increasing pressure on holdouts. The free Wi-Fi will be sponsored by AT&T and is available for members of American Airlines’ AAdvantage loyalty program, the airline said Tuesday. Read more CNBC airline
American Airlines to make Wi-Fi free on most of its fleet in 2026 Read More »
The gold market is benefitting from uncertainty tied to President Donald Trump’s tariff policies, but that’s only one of five key factors that may contribute to a rise in the precious metal to as much as $3,400 an ounce in the second half of this year. Source link
What may drive gold prices toward $3,400 later this year Read More »
If President Donald Trump’s large tariffs remain in place for some time, the economy is likely to slow to a crawl, Federal Reserve governor Chris Waller said Monday. As a result, interest-rate cuts would be warranted, even if the taxes on imports cause a spike in inflation. Source link
Airlines have a bird’s eye view of the economy, and CEOs are seeing clouds. Delta Air Lines and Frontier Airlines pulled their 2025 outlooks last week, calling out a murky U.S. economic picture and weaker near-term demand. Airline CEOs are warning about slowing bookings, including weaker corporate travel, citing President Donald Trump’s trade war, mass
Airlines bank even more on splurging vacationers as clouds form on economy Read More »
Baby boomers and first-time travelers appear to be driving a so-called “coolcations” trend, shunning Europe’s peak summer hotspots in favor of cooler climes â such as the Nordic and Baltic countries. Extreme summer heat, combined with cost and overcrowding concerns, are affecting where people choose to go on vacation. For some, the appeal of booking
