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JetBlue-Spirit Airlines merger called off

A JetBlue Airways plane sits on the tarmac at the Fort Lauderdale-Hollywood International Airport on January 31, 2024 in Fort Lauderdale, Florida. Joe Raedle | Getty Images JetBlue Airways and Spirit Airlines on Monday said they are ending their agreement to merge, weeks after losing a federal antitrust lawsuit that challenged the deal. The CEOs of…

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Japan approaches new high, China PMI contracts

Employees work at the Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Thursday, Jan. 4, 2024. Bloomberg | Bloomberg | Getty Images Japan’s Nikkei 225 ended just short of breaching the 40,000 level, leading gains in Asia stocks on Friday, while China markets rose as investors digested manufacturing…

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Key inflation measure rose 0.4%

Inflation rose in line with expectations in January, according to an important gauge the Federal Reserve uses as it deliberates cutting interest rates. The personal consumption expenditures price index excluding food and energy costs increased 0.4% for the month and 2.8% from a year ago, as expected according to the Dow Jones consensus estimates. The…

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Supreme Court will rule on immunity

Former U.S. President Donald Trump looks on at a campaign event in Waterford Township, Michigan, on Feb. 17, 2024. Rebecca Cook | Reuters The Supreme Court on Wednesday agreed to rule on whether former President Donald Trump is immune from criminal charges in his federal election interference case. The high court granted Trump’s request to…

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Latest news on Russia and the war in Ukraine

Germany rules out sending ground troops to Ukraine French President Emmanuel Macron welcomes German Chancellor Olaf Scholz as he arrives to attend a conference in support of Ukraine with European leaders and government representatives on February 26, 2024 in Paris, France.  Chesnot | Getty Images News | Getty Images Berlin has dismissed the notion of…

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