Delta Air Lines has withdrawn its 2025 guidance as the ongoing trade war impacts business and consumer spending, causing a decline in bookings. CEO Ed Bastian emphasizes cost control amid economic uncertainty.
The EUR/USD currency pair has fallen to near 1.0830 as ECB President Lagarde warns that US tariffs could hinder Eurozone growth. Meanwhile, the Fed maintains interest rates, impacting the dollar's strength.
Gap has posted impressive earnings this quarter, exceeding Wall Street expectations and indicating a successful turnaround under CEO Richard Dickson. Shares surged by 17%, showcasing the brand's recovery and future potential.
