Fears were around consumer spending spurred by President Donald Trump’s policies. Read more at straitstimes.com.
Travel stocks, including hotels, transport, and booking sites, have taken a tumble after Delta Air Lines slashed its profit ...
Delta Air Lines Inc cut its profit expectations for the first quarter roughly by half on weakening travel demand, the latest ...
Delta now expects profit in the range of 30 cents to 50 cents per share, compared with its previous estimate of 70 cents to $1. (Reporting by Shivansh Tiwary in Bengaluru; Editing by Saumyadeb ...
Delta’s diminished outlook marks a sharp reversal from the start of the year, when Bastian trumpeted a steady demand environment. The carrier on Monday cited economic volatility and concerns over ...
Wall Street briefly drops 10% below its record after Trump's latest tariff threat sends stocks lower
The S&P 500 was down 0.6% in afternoon trading after Trump said he would double planned tariff increases on steel and ...
More U.S. airlines cut their earnings estimates on Tuesday, following a similar announcement from Delta Air Lines , saying ...
NEW YORK (AP) — The U.S. stock market is falling further Tuesday following President Donald Trump's latest escalation in his ...
Economic malaise among consumers and businesses is softening domestic travel demand, prompting the Atlanta-based airline to ...
UPS' elevated dividend payout is straining its operational flexibility, with free cash flow barely covering the dividend ...
The three biggest U.S. airlines issued dour near-term forecasts over the past two days, warning that travel demand would ...
Most U.S. stocks are falling Tuesday following President Donald Trump's latest escalation in his trade war, pulling Wall Street 9% below its record set just a month ago.
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