US stocks closed slightly mixed on Thursday after paring deeper losses, as diplomatic signals from the Middle East helped calm markets rattled earlier by President Donald Trump’s threats of tougher action against Iran ahead of the long holiday weekend.Investor sentiment steadied in the afternoon after Iran’s foreign ministry said it…
Global travel patterns are undergoing a swift recalibration as the escalating conflict in the Middle East disrupts flight routes, dampens consumer confidence, and forces holidaymakers to rethink their plans.Travel companies across Europe are reporting cancellations, weaker demand in affected regions, and a noticeable pivot toward alternative destinations, even as overall…
Delta Air Lines stock price has done better than other American airlines during the ongoing Iran war. It has jumped by 5% in the last 30 days, while other companies like Southwest, United Airlines, and American Airlines have dropped by over 10% in this period. DAL stock vs other top airlines…
The US labour market showed signs of resilience toward the end of March, with fresh data pointing to subdued layoffs as initial applications for unemployment benefits fell. New claims for state unemployment benefits dropped by 9,000 to a seasonally adjusted 202,000 in the week ended March 28, according to data…
Shares of General Motors fell about 4% on Thursday after the company reported a sharp decline in first-quarter sales, highlighting mounting pressure on the auto industry from high borrowing costs, elevated vehicle prices, and rising fuel costs.The Detroit-based automaker said it sold 626,429 vehicles between January and March, marking a…
Rising grocery prices in the United States, driven by the ongoing Iran conflict, are emerging as a potential political flashpoint ahead of critical midterm elections, with both parties positioning their messaging around affordability and economic impact.The war and the closure of the Strait of Hormuz have disrupted global supply chains,…
The United States trade deficit widened in February as a surge in imports offset record growth in exports, signaling that trade could continue to drag on economic growth in the first quarter.According to data released on Thursday by the Commerce Department’s Bureau of Economic Analysis (BEA) and the Census Bureau,…
Ford Motor Company reported a notable decline in vehicle sales in the United States during the first quarter of 2026.The automaker announced on Thursday that total sales dropped by 8.8% year-on-year, reaching 457,315 vehicles between January and March.The fall reflects the ongoing adjustments within the automotive industry as manufacturers continue…
US oil producers are unlikely to significantly increase output in the near term despite elevated crude prices, according to Dallas Federal Reserve President Lorie Logan, underscoring persistent risks to inflation and economic stability.Speaking at an event hosted by the regional Fed bank on Thursday, Logan indicated that current market conditions…
The surge in energy prices, visible at US gas stations since early March, is set to be fully revealed next week when new consumer price statistics are released, with gasoline costs—up an estimated 20% from February after seasonal adjustment—expected to be the single largest driver of the inflation hike in…