Articles

: JetBlue to end joint venture with American Airlines to focus on Spirit merger

JetBlue Airways Corp. plans to end a joint venture with American Airlines Group Inc. to focus "even more" on its merger with Spirit Airlines Inc.

The Fed: Fed’s Williams: Incoming data points to need for higher interest rates

Incoming U.S. economic data points to the need for higher interest rates, said New York Fed President John Williams on Wednesday.

Financial Crime: Amazon manager who scammed the company out of $10 million sentenced to 16 years

Prosecutors say Kayricka Wortham used the stolen cash to buy a Lamborghini, a Porsche and a $1 million home.

: Bankruptcies have been brisk this year — and it’s just the halfway point

Americans were filing for bankruptcy much more in the first half of 2023 than they were at the same point last year, according to new numbers showing the increase in financial strain for some as pandemic protections fade away.

: Biden to talk up companies’ solar-power partnership in South Carolina visit

During a visit Thursday to South Carolina, President Biden plans to highlight a new manufacturing partnership between Enphase Energy Inc. and Flex Ltd.

Personal Finance Daily: What not to say when you ask your boss for a pay raise and Biden’s new stab at student-loan forgiveness has borrowers frustrated and confused

Wednesday's top personal finance stories.

In One Chart: Wall Street warmed to U.S. stocks in June, BofA data show, but many analysts remain bearish.

Wall Street professionals have proven once again that the higher U.S. stocks climb, the more optimistic analysts become.

: Supreme Court’s student loan decision could be a blueprint for blocking SEC’s war on crypto

Crypto advocates are looking to the Supreme Court to stop the SEC's regulatory crackdown on the industry.

The Tell: Why the Fed may be less likely to oppose a stock market rally than investors think — ‘unless it gets out of hand’

A new paper indicates policy makers have a different take on U.S. financial conditions than widely assumed, says Evercore. That's a big deal for markets.

: White House says cocaine found in ‘heavily traveled’ part of West Wing, and it’s confident Secret Service ‘will get to the bottom of this’

White House press secretary Karine Jean-Pierre on Wednesday addresses the news that cocaine was found Sunday in a West Wing common area.

The Ratings Game: AI likely to propel Microsoft into the ‘$3 trillion club’ early next year, analyst says

Microsoft Corp. could soon join Apple Inc. as a $3 trillion company, helped by future gains propelled by AI and ChatGPT, Wedbush analysts said on Wednesday.

Economic Report: U.S. jobs report expected to show 240,000 new jobs in June

Wall Street has been forecasting a big slowdown in hiring, but the economy keeps producing heaps of jobs. Here's what to watch in the June employment report.
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