Business
Trump Eyes $500M Spirit Airlines Bailout in Exchange for Ownership Stake
Trump administration in advanced talks with Spirit Airlines for $500 million bailout loan with government warrants allowing ownership stake in struggling carrier.
Skip to content
Category
Business
Business, markets, and the economy — corporate earnings, Federal Reserve policy, trade, Big Tech, and the forces driving U.S. and global commerce.
Business
Trump Admin Opens $166B Tariff Refund Portal After Supreme Court Defeat
U.S. Customs launched CAPE system Monday to refund $166 billion in tariffs struck down by Supreme Court in February. Refunds expected within 60-90 days.
Business
USS Spruance Fires on Iranian Ship in Hormuz — Oil Surges 7.5%
USS Spruance fired on Iranian-flagged cargo ship Sunday trying to evade US naval blockade in Gulf of Oman. WTI crude jumped to $90.17 per barrel.
Business
BBC Analysis Shows Trading Spikes Before Trump Announcements Spark Insider Trading Claims
BBC finds consistent pattern of unusual trades minutes before Trump's major announcements on Iran war and tariffs, with analysts calling it potential insider trading.
Business
Pentagon Recruits Automakers to Ramp Up Defense Manufacturing
Pentagon officials are recruiting automakers and commercial manufacturers to expand weapons production capacity amid growing concerns over military supply chains.
Business
Gas prices climb despite falling oil costs as Iran ceasefire takes hold
U.S. gas prices rose Wednesday even as crude oil prices dropped following Iran ceasefire developments, highlighting the complex relationship between geopolitics and fuel costs.
Business
Fed keeps rate cut on table despite Ukraine war inflation risks
Federal Reserve officials maintain plans for potential rate cuts this year while acknowledging need for flexibility as Ukraine conflict threatens inflation.