Southwest Airlines is a major American airline that provides low-cost air travel services primarily across the United States and to select international destinations. Known for its no-frills approach, the airline emphasizes customer service, on-time performance, and a unique boarding process that allows passengers to choose their seats. Southwest operates a point-to-point transit model rather than a traditional hub-and-spoke system, allowing for greater flexibility and efficiency in its flight operations. The company has established a loyal customer base by offering competitive fares, no charge for checked baggage, and a straightforward pricing structure, making air travel more accessible to a broad range of travelers. Read More
A record-high percentage of U.S. households are making only minimum payments on their credit cards, according to new data released by Apollo Global Management Inc. Chief Economist Torsten Slok.
The airline industry is facing growing turbulence as the ongoing global trade war creates a cloud of uncertainty over passenger demand and revenue projections. Amidst the gloom, this ETF in the space may look appealing.
U.S. equities are pushing higher for a third straight session, eyeing the longest winning streak since the Trump tariff announcement on April 2, as optimism over corporate earnings and easing trade tensions boosts risk sentiment.
After the closing bell on Wednesday, let's take a glimpse of the US markets and explore the top S&P500 gainers and losers in today's after-hours session.
Wall Street pared early morning gains by midday Monday, as investor caution returned despite a temporary easing in U.S.-China trade tensions. While the initial market reaction was positive, especially in tech, enthusiasm faded as the trading session progressed.
