The air logistics sector has been riding high all year, but market watchers caution that growth in 2025 could slow sharply. The post Analysts predict air cargo bull market will cool 50% in 2025 appeared first on FreightWaves.
The new all-time high coincided with the appointment of a libertarian SEC chair by President-elect Donald Trump.
Shares of American Airlines soared 15% Thursday after it announced it had signed a new, exclusive credit card partnership with Citi, which will be taking over Barclays' share of the portfolio.
Here’s how much you’d have now if you invested in Bitcoin 10 years ago.
Brown Forman Inc. (NYSE: BF-B) (NYSE: BF-A) shares are trading higher on Thursday after the company reported better-than-expected second-quarter financial results. The company reported second-quarter earnings per share of 55 cents, beating the street view of 51 cents. Quarterly sales of $1.095 billion (down 1% year-over-year) beat the analyst consensus estimate of $1.076 billion. Sales rose 3% on an organic basis. Net sales declines in the year’s first half were primarily due to the Finlandia an
President-elect Trump congratulates bitcoiners and El Salvador's President Nayib Bukele takes victory lap after bitcoin surpasses $100,000.
(Bloomberg) -- Anthony Scaramucci, the hedge-fund manager hired and fired by Donald Trump in his first term as president, jokes that he owes his ex-boss a token of thanks.Most Read from BloombergKansas City Looks Back on its Long, Costly Ride With MicrotransitNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh Metro Partially Opens in Bid to Ease City’s Traffic Jams“I probably have to buy Donald Trump a Christmas gif
On Thursday, Southwest Airlines Company (NYSE:LUV) shares traded higher after the company announced it will launch a $750 million stock buyback program in the first quarter of 2025. The move follows the $250 million accelerated share repurchase launched in October 2024. After this, $1.5 billion will remain under its $2.5 billion repurchase program, authorized in September 2024. Outlook: The company revised its fourth-quarter guidance, now expecting RASM to increase by 5.5% to 7.0% (vs. 3.5%- 5.5
Donald Trump has told Bitcoin investors “you’re welcome” after the price of the digital currency surged above $100,000 (£78,000) for the first time in the wake of his election victory.
LONDON/MOSCOW/DUBAI (Reuters) -OPEC+ on Thursday pushed back the start of oil output rises by three months until April and extended the full unwinding of cuts by a year until the end of 2026 due to weak demand and booming production outside the group. OPEC+, which pumps about half the world's oil, had been planning to start unwinding cuts from October 2024 but a slowdown in global demand and rising output elsewhere forced it to postpone the plans on several occasions. OPEC+ groups the Organization of the Petroleum Exporting Countries and allies such as Russia.
