Alaska Air Group, Inc. (NYSE: NYSE:) reported a net loss of $132 million for the first quarter of 2024, with an adjusted net loss of $116 million after accounting for special items and fuel hedge adjustments. Despite a significant financial impact from the grounding of…
Gold remains lifted by geopolitical risks amid sharp rise in US Treasury yields. Federal Reserve officials emphasize ongoing inflation concerns, hinting at maintaining higher interest rates for longer. Strong US labor market data reinforces robust economic backdrop. Gold prices advanced late in the North American session on Thursday, underpinned by…
Russian Ministry of Internal Affairs officials took a $53.2 million Bitcoin and ETH bribe from a crypto exchange executive, a major newspaper in the country claimed this week. Per Kommersant, the officials were named Georgy Satyukov and Dmitry Sokolov, employees at “one of the ministry’s most secret divisions.” The media…
The largest cohort of baby boomers is poised to reach age 65 between now and 2030.And women — who make up 52% of those “peak 65” boomers — are more likely to struggle in retirement compared with their male peers, according to a new economic impact study released by the…
Former Vice President Mike Pence on Thursday warned that if Russian President Vladimir Putin were to “overrun” Ukraine, he would then attack a NATO nation, forcing the US to become directly involved. “I have no doubt in my mind having met Vladimir Putin that if Putin were allowed to overrun…
Chewy Vet Care is poised to elevate the pet health experience for people, pets, and vets with the opening of its newly designed and developed pet clinics. “We want the clinics to manifest the same Chewy magic that has become synonymous with our brand,” said Mita Malhotra, President of Chewy…
Ever since the United States approved Bitcoin Exchange-Traded Funds (ETFs) earlier this…
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POLITICS
View MoreSpecial counsel Jack Smith’s obstruction case in the classified documents prosecution survived an early test, with a federal judge on Thursday denying several bids by Donald Trump’s co-defendants to dismiss charges against them. Judge Aileen Cannon rejected efforts by Trump’s co-defendants Walt Nauta and Carlos De Oliveira to toss obstruction charges they faced. Nauta works as Trump’s personal valet, and De Oliveira has worked as property manager at Trump’s Florida Mar-a-Lago estate. Cannon’s 8-page ruling means that those charges will continue to march toward trial. The Florida judge still has yet to decide several motions by Trump to toss charges against him…
President Joe Biden is tapping a senior White House official to serve as US ambassador to the Organization for Security and Cooperation in Europe, a key body amid the ongoing…
CIA Director Bill Burns on Thursday warned that unless US sends more military support, Ukraine could “lose” the war against Russia by the end of the year. His comments mark one of the starkest warnings…
The top two senators on the Senate Committee on Veterans’ Affairs called the Biden administration’s plan to reduce veterans’ health care staffing a “mess” that could undercut the timing and quality…
Markets
View MoreBy Timothy Gardner WASHINGTON (Reuters) – U.S. senators from both parties introduced legislation on Thursday to accelerate development of power…
Finance
View MoreVisitors to national parks will get free admission on April 20 as the federal government waives entrance fees to commemorate the start of National Park Week.National…
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Online furniture and home furnishings seller Wayfair is set to open its first-ever namesake store next month, the company announced Thursday. The large-format store, clocking in at 150,000 square feet and located in Edens Plaza in Wilmette, Illinois, will open to shoppers on May 23. It will also feature an onsite…
Economy
By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) -Netflix blew past…
Fintech
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch…
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