Southwest Airlines recently announced a potential drop in unit revenue for the third quarter of the year. The oversupplied U.S. market has led airlines to discount tickets during what is typically the most profitable period of the year. Southwest anticipates that unit revenue for the current quarter could decline by as much as 2% compared
Vice President Kamala Harris has long been an advocate for affordable housing initiatives throughout her political career. From her time as the Attorney General of California to her current position in the Biden administration, Harris has championed policies aimed at protecting homeowners and renters alike. Even as she is set to become the Democratic nominee
Unilever shares experienced a notable increase on Thursday morning following the company’s announcement of an improved full-year margin guidance. The consumer goods giant also indicated that the spinoff of its ice cream business was progressing as planned, with an estimated completion date by the end of 2025. The initial boost in shares rose nearly 8%
According to recent research conducted by the National Institute on Retirement Security, only 11% of Americans who have not yet retired are aware of the exact amount of Social Security benefits they are eligible to receive. The survey, which included over 1,200 individuals aged 25 and above, revealed that 24% of respondents were “not very
Britain’s new Labour government is gearing up to introduce updated regulations for the “buy now, pay later” (BNPL) industry, a move that has been long-awaited and highly anticipated. This step comes after successive delays in implementing the roadmap for BNPL legislation in the country, with concerns rising about the increasing debt burdens faced by consumers,
NextEra Energy is contemplating the possibility of restarting the Duane Arnold Energy Center in Iowa amidst a surge in electricity demand and the growing need for carbon-free energy sources. After 45 years of service, the plant ceased operations in 2020. NextEra CEO John Ketchum emphasized the importance of conducting a thorough risk assessment before making
Chipotle Mexican Grill recently reported a strong set of quarterly earnings that surpassed analysts’ expectations. The company’s revenue and earnings per share exceeded forecasts, driving a positive reaction in the stock market. Despite concerns about the health of the restaurant industry, Chipotle managed to deliver impressive results for the quarter ending in June. Revenue and
As the U.S. presidential election approaches, strategists are predicting an increase in stock market volatility. This has left many investors feeling anxious about the potential impact on their finances. In fact, a recent survey by the American Psychiatric Association revealed that 73% of respondents reported feeling anxious about the election. This anxiety has led some
It is evident that job seekers are increasingly losing confidence in the state of the job market, with a recent survey by ZipRecruiter indicating a significant decline in Q2 2024. This decrease in confidence reflects a growing pessimism among workers regarding their ability to secure their desired jobs. Just a few years ago, workers experienced
The year 2025 is expected to bring a decrease in the typical worker’s annual raise, as reported by a new poll conducted by WTW, a consulting firm. The average pay raise for workers in 2025 is projected to be 4.1%, which is down from 4.5% in the previous year. This decline in annual raises reflects