Delta Air Lines has lowered its 2025 profit forecast due to unexpected demand trends, but summer travel outlook exceeds expectations. CEO Ed Bastian comments on changing booking patterns and premium product strategies.
Wall Street's main indexes showed mixed results as the market reacts to Fed Chair Jerome Powell's cautious remarks and geopolitical tensions ease between Israel and Iran. FedEx and General Mills face profit forecast challenges.
Walmart's stock rises as it navigates tariff uncertainties, with mixed signals on future profits and consumer spending. The retail giant maintains its long-term forecasts despite current market challenges.
In a surprising announcement, Jaguar Land Rover has confirmed it has no intentions of building cars in the US, citing President Trump's tariffs as a significant factor. This comes after a pause in shipments and growing concerns across the motor industry about the unpredictable trade landscape.
Major U.S. banks reported better-than-expected profits in Q1, but executives warn of looming economic challenges due to tariffs. Could this be a sign of turbulent times ahead for the financial sector?
