Allegiant CEO Defends Low-Cost Model as Sun Country Acquisition Concludes
finalized its acquisition of Sun Country Airlines on Wednesday, a move that combines two carriers focused on a distinct low-cost operational strategy.
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Energy
Oil, gas, power, fuels, grids, energy policy, and commodity shocks that can affect inflation, margins, and consumers.
Oil, gas, and fuel price pressure
Supply disruption and OPEC decisions
Utility, grid, and power-market stress
Beer Demand Stumbles as Gas Prices Surge, Data Show
3% year over year through the week ending May 2, reversing earlier improvements in trends for beer, malt beverages, and cider, according to Nielsen-tracked data.
Markets Eye Stability as Trump and Xi Meet, Focusing on Manageable Tension
Global financial markets are approaching the highly anticipated summit between U.
Senate Confirms Kevin Warsh as New Federal Reserve Chair
Senate has officially confirmed Kevin Warsh as the next chairman of the Federal Reserve, with the vote concluding on Wednesday.
Social Security Recipients May See Higher 2027 Cost-of-Living Adjustment Amid Inflationary Pressures
Social Security beneficiaries are anticipating a potentially larger cost-of-living adjustment (COLA) for 2027, as recent inflation data suggests an upward trend.
U.S. Coal Plant Retirements Hit 15-Year Low in 2025 Amid Delays and Cancellations
In 2025, the United States electric power sector saw the lowest amount of coal-fired generating capacity retired in fifteen years, with only 2.
US Dollar Index Faces Resistance as Metals Hold Support Levels
The current market session presents a critical juncture, with several key financial instruments, including the U.
Tui Reports 10% Drop in UK Summer Holiday Bookings Amidst Consumer Caution
Europe's leading travel operator, Tui, has experienced a notable 10% decline in revenue derived from summer holiday bookings originating from the United Kingdom.
UK Inflation Rate Edges Upward, Driven by Energy and Food Costs Amidst Global Tensions
The United Kingdom's inflation rate has shown an uptick, reaching 3.
Short-Haul Flights Face Decline Amid Rising Fuel Costs and Shifting Airline Economics
Short regional flights, once a cornerstone of the United States air travel system, are experiencing a significant downturn.