An Airbus narrow body plane Nicolas Economou | NurPhoto | Getty Images European planemaker Airbus is working with Nasdaq to develop a derivatives-based trading platform that will allow airlines to protect against swings in ticket prices. Just like airline companies use oil futures to hedge against the volatility in fuel costs, they will soon be able
You probably know you’re supposed to have money set aside for the unexpected. Now, a new online tool may help you figure out exactly how much you need. Created by the JPMorgan Chase Institute and based on its recent research about income volatility among U.S. households, the tool lets you sort by income and age
A security official stands guard as an ambulance arrives with a patient to the Infectious Disease Centre of Princess Margaret Hospital on January 22, 2020 in Hong Kong, China. Anthony Kwan The fatal flu-like coronavirus spreading quickly throughout Asia has now killed at least 26 people and sickened more than 900 worldwide, including two patients
An employee works on the assembly line installing parts on the Duratech 35 V6 engine at the Ford Motor Co. Engine Plant in Lima, Ohio, U.S. on Friday, March 28, 2014. Ty Wright | Bloomberg | Getty Images DETROIT — Ford Motor expects to take a pretax hit of about $2.2 billion in the fourth-quarter
Traders work after the opening bell at the New York Stock Exchange (NYSE) on August 5, 2019 in New York City. JOHANNES EISELE / AFP / Getty Images With stocks coming off their first losing week of the year, investors will be looking for the Federal Reserve to soothe markets by reaffirming its position that
Bill Miller Dan Mescon | CNBC Investor Bill Miller came back with a bang in 2019, riding the stock market’s relentless rally to record highs. He also thinks there may be more gains in 2020. Miller’s firm, Miller Value Partners, posted a return of 119.5% last year net of fees, he told investors in a
Richard Sharrocks A case before the Supreme Court has the power dramatically reshape how the U.S. government polices financial fraud and other misdeeds against consumers — which many experts fear would weaken existing protections and expose the public to more harm. The case, which concerns the Consumer Financial Protection Bureau, could ultimately lead to the
A woman wears a protective mask near the Chinatown section of New York City on January 23, 2020. Timothy A. Clary | AFP | Getty Images U.S. health officials said they diagnosed a second patient with the China coronavirus after a Chicago woman returned from Wuhan with the infection, and they are currently monitoring 63
An American Airlines Boeing 777-200 aircraft Nicolas Economou | NurPhoto | Getty Images American Airlines fourth-quarter earnings and revenue came slightly above analyst estimates, despite complications from the grounding of the Boeing 737 Max. The Fort Worth-based carrier on Thursday posted net income of $414 million for the last three months of 2019, up more than 27%
U.S. stock index futures were slightly higher on Friday morning. At around 2 a.m. ET, Dow futures were up 35 points, indicating a positive open of about 46 points. S&P 500 and Nasdaq futures were also just above the flatline. Global equities have been subdued recently by fears of the China coronavirus spreading, with the
American Express reported fourth-quarter results that beat analyst expectations, sending the stock higher as card fee revenues grew more than expected. The shares rose 2% in premarket trading Friday. Here’s how the payments company’s results compared to what Wall Street analysts expected: Earnings: $2.03 per share vs $2.01 per share forecast by Refinitiv Revenue: $11.365
With more and more student loan borrowers falling behind, it’s clear many people need a way to make their monthly bills more manageable. Enter income-driven repayment plans, which some 8 million borrowers are enrolled in. In theory, the plans are simple: Borrowers’ bills are capped at a portion of their income. Some payments wind up
A Chinese passenger that just arrived on the last bullet train from Wuhan to Beijing is checked for a fever by a health worker at a Beijing railway station on January 23, 2020 in Beijing, China. Kevin Frayer | Getty Images China’s National Health Commission said as many as 25 people have died from a
Intel CEO Robert “Bob” Swan announces the company’s Tiger Lake chips at the technology fair CES. Christoph Dernbach | picture alliance | Getty Images Intel shares jumped as much as 7% in extended trading on Thursday after the chipmaker reported better-than-expected fourth-quarter earnings, extending a rally that’s pushed the stock to its highest since the
A food delivery courier working for Just Eat in London. Simon Dawson | Bloomberg | Getty Images Takeaway.com’s £6.2 billion ($8.1 billion) takeover of rival food delivery firm Just Eat has been delayed after the U.K.’s antitrust regulator launched an initial probe into the deal. The Competition and Markets Authority (CMA) said on Friday that
The Hudson River Valley has long attracted city dwellers trying to escape New York. The beautiful region — an 150-mile stretch from the northern tip of Manhattan to Albany — features abundant forests, fertile farmlands and dramatic views of the pristine Hudson River. Hudson Valley is popular in the autumn, but the winter — shown
Virgin Galactic shares have been on a blistering run and analysts see a variety of factors driving the space tourism company’s stock momentum, from investor excitement about space to speculation about the company’s valuation. “Lately, we are having more conversations on SPCE than any other US stock in our coverage with the possible exception of
wecolmia | Getty Images Morgan Stanley Wealth Management clients now have a new way to manage their cash, with the launch of the asset manager’s CashPlus account. The new account aims to compete as an alternative to traditional banking. It is directed at the firm’s existing wealth management clients, who can open an account with
CNBC’s Jim Cramer explained why Boeing is a weight on General Electric’s turnaround story. The “Mad Money” host talked with GrubHub CEO Matt Maloney about competition in the food delivery space. Later in the show, he turned bullish on Snap and explained how investors should approach the stock with earnings around the corner. A winner
Ground operations employees load baggage onto a Southwest Airlines Boeing 737 aircraft on the tarmac at John Wayne Airport (SNA) in Santa Ana, California. Patrick T. Fallon | Bloomberg | Getty Images Southwest Airlines‘ fourth-quarter earnings beat analysts’ estimates, despite taking a revenue hit from the ongoing grounding of the Boeing 737 Max. The Dallas-based