Dow climbs third straight day as stocks end sharply higher after retail sales, Fed Chair Powell’s remarks

US stocks closed sharply higher Tuesday, after retail sales data for April suggested the economy remained healthy and as investors weighed remarks by Federal Reserve Chairman Jerome Powell. On Monday, the Dow finished less than 0.1% higher, the S&P 500 closed 0.4% lower and the Nasdaq fell 1.2%. The declines followed another losing week for … Read more

US pilot shortage forces airlines to cut flights, scramble for solutions

Airline pilots walk through the Ronald Reagan Washington National Airport on December 27, 2021 in Arlington, Virginia. Anna Moneymaker | Getty Images The United States is facing its worst pilot shortage in recent memory, forcing airlines to cut flights just as travelers are returning after more than two years of the Covid-19 pandemic. The crisis … Read more

5 things to know for May 12: Ukraine, Abortion, Inflation, Overdoses, California fire

CNN – Air travel in the US is back in full swing, but the return to the skies hasn’t been entirely smooth. Passengers are frustrated by packed flights, as well as an increase in disruptive passenger incidents, flight cancellations and soaring air fares, according to a new survey. Here’s what you need to know to … Read more

JetBlue Airways at a crossroads after Spirit rejects its takeover offer

A JetBlue airliner lands past a Spirit Airlines jet on taxi way at Fort Lauderdale Hollywood International Airport on Monday, April 25, 2022. (Joe Cavaretta / Sun Sentinel / Tribune News Service via Getty Images) Joe Cavaretta | Sun Sentinel | Getty Images JetBlue Airways is at a quarter-century crossroads. The airline’s first flight took … Read more

Airlines face big rebooking challenges this summer

Airline passengers, some not wearing face masks following the end of Covid-19 public transportation rules, sit during a American Airlines flight operated by SkyWest Airlines from Los Angeles International Airport (LAX) in California to Denver, Colorado on April 19, 2022. Patrick T. Fallon | AFP | Getty Images Airlines that once touted globe-spanning destinations, promising … Read more

Can I live without it?

A pedestrian carries shopping bags in the Herald Square area of ​​New York, US, on Wednesday, April 13, 2022. Calla Kessler | Bloomberg | Getty Images Sandy Magny plans to take her teenage daughter to West Palm Beach, Florida, this summer, even though airfares are surging. It won’t be cheap, but Magny doesn’t want to … Read more