Alaska Airlines chief plans more routes after a deal with Hawaiian
The CEO of Alaska Airlines, Ben Minicucci, has big plans. Now, he has a second airline to help achieve them.
Stocks decline and dollar rebounds as Fed readies rate cuts
Stocks fell and the dollar gained on Thursday as traders digested fresh economic data and awaited confirmation from the U.S. Federal Reserve on Friday that it will soon start to cut interest rates.
Fed’s Powell puts September rate cut on table as US inflation cools
WASHINGTON — Federal Reserve Chair Jerome Powell said on Wednesday interest rates could be cut as soon as September if the U.S. economy follows its expected path, putting the central bank near the end of a more than two-year battle against inflation but square in the middle of the nation’s presidential election campaign.
Solid US hiring lowers unemployment rate in latest sign of a still-sturdy job market
WASHINGTON — U.S. employers added a healthy 199,000 jobs last month and the unemployment rate fell, fresh signs that the economy could achieve an elusive “soft landing,” in which inflation would return to the Federal Reserve’s 2% target without causing a steep recession.
