TheBuzz24

Delta Air Lines mentioned Wednesday it will “meaningfully reduce” its capacity growth plans in the near term. Delta joined United and JetBlue in hiking its checked bag fees this week as jet fuel costs surge. The carrier also reported first-quarter earnings that beat analysts’ expectations. Delta Air Lines CEO Ed Bastian stated the carrier will […]

Realtor.com identified 13 U.S. housing markets where at least half of active listings were priced above $1 million but with fewer than 500 such listings. Nearly all of Nantucket’s active listings are priced at $1 million or higher with a median listing price of $4.08 million, the real estate platform found. While five of the […]

Ray Dalio, founder of hedge fund Bridgewater Associates, told CNBC he expects U.S. and Chinese leaders to find ways to work together. He was speaking after an event in Shanghai in support of bilateral exchanges. U.S. President Donald Trump is due to visit China next month, after postponing initial plans by several weeks due to […]

President Donald Trump agreed to suspend attacks on Iran for two weeks. Iran agreed to allow safe passage through the Strait of Hormuz during the ceasefire. The ceasefire came less than two hours before Trump’s 8 p.m. ET deadline. Oil prices plunged Wednesday after President Donald Trump agreed to suspend attacks on Iran for two […]

FedEx Freight, the trucking corporation separating from the overnight delivery firm this summer, is expected to report an operating margin of 12% this year, incoming CEO John Smith told investors on Wednesday. That is based on expected revenue of $8.7 billion and adjusted operating income of $1.1 billion, Smith noted at the first investor day […]

U.S. President Donald Trump stated “any and all” goods from countries found to be supplying Iran with weapons would be subject to sanctions. This also touches on aspects of earnings report. It comes after the U.S. and Iran agreed a two-week ceasefire. Affected countries would be subject to the levy “immediately,” with no “exclusions or […]

Ex-Attorney General Pam Bondi will not appear as scheduled on April 14 to testify about the Department of Justice’s Jeffrey Epstein files at the House Oversight and Government Reform Committee. The Oversight committee will contact Bondi’s lawyer “to discuss next steps regarding scheduling her deposition,” a spokeswoman for the panel remarked. Democrats on the committee […]

Tech stocks rallied with the rest of the sector after President Donald Trump’s two-week Iran ceasefire announcement. Meta, Amazon, Alphabet and Nvidia led the Magnificent 7 names higher. Furthermore, experts in portfolio note the continued relevance. Chipmakers also saw significant gains. U.S. stocks soared on Wednesday after President Donald Trump revealed a two-week ceasefire with […]

Traders are entertaining the possibility of an interest rate cut by the end of the year now that the U.S. and Iran have agreed to a ceasefire. Odds for a reduction jumped Wednesday morning, hitting about 43%, against 14% prior to the announcement. Odds for a reduction jumped Wednesday morning, hitting about 43%, according to […]

The first vessels have passed through the Strait of Hormuz since Iran and the U.S. reached a two-week ceasefire deal, ship-tracking service MarineTraffic noted. Oil tanker traffic through the strait has been halted following an Israeli attack on Lebanon, Iranian state news agency Fars commented. Overall traffic along the vital oil-shipping route has not picked […]