Airline trade group seeks $2.5 billion from federal government
A trade group representing smaller U.S. airlines is asking the government for billions of dollars to help offset surging fuel prices.
A trade group representing smaller U.S. airlines is asking the government for billions of dollars to help offset surging fuel prices.
The Federal Reserve held interest rates steady Weds, April 29, 2026.
The U.S. stock market is drifting in mixed trading Wednesday as the countdown ticks to an afternoon announcement from the Federal Reserve on what it will do with interest rates. Oil prices, meanwhile, continued to spurt higher because of the war with Iran.
Gas prices have jumped to their highest level since August of 2022.
Slumping AI stocks and another climb in oil prices because of the Iran war are helping to halt Wall Street’s record-setting rally on Tuesday.
The U.S. stock market’s record-breaking rally is slowing on Monday after uncertainty rose over the weekend about what will happen next in the Iran war, while oil prices are rising.
A surge for Intel following a blowout profit report is leading technology stocks higher Friday, while oil prices keep swinging in the wait for what’s next with the Iran war.
More than 17 million people along the U.S. Atlantic and Gulf coasts are at the highest risk of being affected by flooding, with New York and New Orleans standing out, according to one of the most comprehensive studies ever of flood risk.
The U.S. stock market is rallying toward another record Wednesday after GE Vernova, Boston Scientific and other big companies joined the list of those reporting fatter profits for the start of the year than analysts expected.
A record spike in gas prices appears to be driving up the cost of other products.