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Economy

Alaska Airlines aims for billion in revenue growth by 2027 with international expansion and premium services

Economy

Alaska Airlines aims for $1 billion in revenue growth by 2027 with international expansion and premium services

Albert T. Gudmonson

Alaska Airlines is targeting significant growth, with a goal of increasing profits by $1 billion by 2027. The airline is banking on growing demand for premium travel and its recent…

Economy

Jerome Powell and the Federal Reserve's next move: balancing rate cuts and economic stability

Albert T. Gudmonson

Jerome Powell, chair of the Federal Reserve, faces a crucial moment as the central bank prepares for its next policy meeting. The latest jobs report all but solidified expectations of…

Economy

China's growth efforts show cautious progress as businesses wait for a bigger impact

Albert T. Gudmonson

China's recent push to spur economic growth has shown modest progress, but the broader impact remains limited. Earnings and corporate data suggest that a solid recovery in the world's second-largest…

Economy

JetBlue adapts flight network to increase profitability and reduce costs

Albert T. Gudmonson

JetBlue Airways is making significant changes to its flight operations as part of a strategy to streamline costs and increase profitability. The airline told staff on Wednesday that it will…

Economy

Trump plans to nominate Paul Atkins as SEC chairman in a cryptocurrency-friendly move

Albert T. Gudmonson

Paul Atkins, CEO of Patomak Global Partners and an expert figure in financial regulation, has been chosen by President-elect Donald Trump to lead the Securities and Exchange Commission (SEC). The…

Economy

Frontier Airlines will introduce first-class seating in the competitive round

Albert T. Gudmonson

Frontier Airlines, one of the world's leading low-cost airlines, is poised to introduce first-class seating as part of a strategic shift aimed at attracting customers seeking greater comfort and personal…

Economy

Job postings rise in October as hiring slows, signaling a cooling job market

Albert T. Gudmonson

The U.S. job market showed mixed signals in October, as job postings increased while hiring fell, according to data released Tuesday by the Bureau of Labor Statistics (BLS). The report,…

Economy

How Black Friday Spending Reflects America's Political Divide After the 2024 Election

Albert T. Gudmonson

A red hat reading “Keep America Great” perched on a Christmas tree during a rally in Michigan in December 2019 symbolized the intersection of politics and culture in the United…

Economy

Scott Bessent is poised to lead the Trump administration's economic policy

Albert T. Gudmonson

Scott Bessent, founder and CEO of Key Square Group LP, has been tapped by President-elect Donald Trump for the crucial role of Treasury secretary. The news has already sparked optimism…

Economy

Trump announces new tariffs on Chinese goods, worsening trade tensions

Albert T. Gudmonson

US-China economic relations are facing new uncertainties after President-elect Donald Trump announced plans to impose an additional 10% tariff on all Chinese imports. The announcement, made on its social media…