Labor Day travel: Domestic airfare costs down 11% from 2022

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• Zacks
  

  Delta Air Lines (DAL) Stock Moves -0.71%: What You Should Know

  Delta Air Lines (DAL) closed at $41.90 in the latest trading session, marking a -0.71% move from the prior day.

  18h ago

• Zacks
  

  3 Airline Stocks to Watch Amid Upbeat Passenger Volumes

  Stocks like Ryanair (RYAAY), United Airlines (UAL) and American Airlines (AAL) are worth a watch with the Zacks Transportation – Airline industry benefiting from rosy air travel demand & low fuel costs.

  2h ago

• Barrons.com
  

  Catastrophic Weather Is Wreaking Havoc With Insurance. These Companies Can Handle the Storm.

  Backed by nearly $1 trillion in capital and rising premiums, insurers might actually profit off the coming wave of catastrophic weather.

  10h ago

• Barrons.com
  

  Chances of September Rate Hike Recede, Key Indicator Says

  Federal Reserve Chair Jerome Powell may have delivered the message that the central bank has more work to do on taming inflation and is willing to raise rates further, but Wall Street is betting it will see another rate pause next month. “We are prepared to raise rates further if appropriate, and intend to hold policy at a restrictive level until we are confident that inflation is moving sustainably down toward our objective,” Powell said. Before Powell’s speech on Friday morning, the odds that the Fed will keep the federal funds rate unchanged in September were at 78.5%, [according to the CME FedWatch Tool](https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html), which tracks moves in interest-rate futures.

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  45m ago

• Reuters
  

  Analysis-Investors see long wait for enlarged BRICS’ economic boon

  The expansion of the BRICS group of developing countries could provide a lifeline to capital-starved new entrants Iran and Argentina, but investors and analysts say a broader economic boon for the bloc’s members is far from certain. Leaders of the BRICS – Brazil, Russia, India, China and South Africa – invited the two as well as Saudi Arabia, the United Arab Emirates (UAE), Ethiopia and Egypt into the club at a summit this week in Johannesburg.

  57m ago

• The Wall Street Journal
  

  U.S. Tackles Crypto Tax Mess

  Long-delayed regulations would treat crypto platforms more like brokers who handle stocks and mutual funds.

  19m ago

• Bloomberg
  

  Key Takeaways From Fed Chair Jerome Powell’s Jackson Hole Speech

  (Bloomberg) — Here are key takeaways from Federal Reserve Chair Jerome Powell’s remarks prepared for the Kansas City Fed’s economic symposium on Friday:Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationPowell Signals Fed Will Raise Rates If Needed, Keep Them HighTesla Investors to Get $12,000 Each From Musk’s SEC DealTrump Returns to Musk’s X With Post of Georgia Mug ShotMore People Call in Sick on August 24 Than Any Other DayPowell acknowledged the ec

  2h ago

• Yahoo Finance
  

  GOP Debate: One candidate earned rebukes onstage but praise from Elon Musk

  Vivek Ramaswamy took positions that are unpopular with many Americans, but he earned praise from Donald Trump, a range of the former president’s allies, and one notable billionaire.

  1d ago

• Investor’s Business Daily
  

  Dow Jones Reverses Lower As Powell Warns Of Higher Rates; Trump Returns To Twitter

  The Dow Jones reversed lower Friday as Powell warned of higher rates. President Trump returned to X, formerly known as Twitter.

  1h ago

• SmartAsset
  

  Every State That Doesn’t Tax Retirement Income

  States vary widely in the way they tax retirement income so location is an important consideration in financially planning for retirement. Some states don’t levy income states on any sort of retirement income, while others tax IRA and 401(k) distributions, … Continue reading → The post 11 States That Do Not Tax Retirement Income appeared first on SmartAsset Blog.

  3h ago

• Bloomberg
  

  Wells Fargo Overcharged Clients $27 Million in Fees, SEC Alleges

  (Bloomberg) — Wells Fargo & Co. has agreed to pay a $35 million penalty to settle allegations that it overcharged more than 10,900 investment advisory accounts, the Securities and Exchange Commission said.Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationPowell Signals Fed Will Raise Rates If Needed, Keep Them HighTesla Investors to Get $12,000 Each From Musk’s SEC DealTrump Returns to Musk’s X With Post of Georgia Mug ShotMore People Call in Sick on A

  2h ago

• Fortune
  

  How Vivek Ramaswamy, the surprise GOP debate star, made his fortune and triggered his critics

  He bills himself as an iconoclast ready to shake up the Republican Party after making millions trying to do the same in the biotech industry.

  17h ago

• AP Finance
  

  The owner of Turkey’s low-cost Pegasus Airlines and wife were seriously hurt in an Aegean boat crash

  Ali Sabanci, the chairman of the company that owns Turkey’s low-cost carrier Pegasus Airlines, was injured in a boat accident while vacationing in Greece, the company said Friday. A statement from Esas Holding did not provide details on their conditions but media reports said the two were seriously hurt. The accident occurred late Thursday off the Aegean island of Leros, when a speedboat taking the couple to shore from their yacht crashed into rocks, the private DHA news agency and other media reported.

• South China Morning Post
  

  China’s tourism to grow faster than its GDP as people spend less on property, more on travel, Tongcheng executive says

  China’s tourism industry will grow faster on average than the country’s gross domestic product (GDP) in the next decade, according to Fan Lei, chief financial officer of online agency Tongcheng Travel. While the Chinese economy has slowed down and consumption in education, property and cars has weakened, people are still spending money – but in areas different from before, Fan said in interview with the South China Morning Post on Thursday. “One of the most important [consumption] trends is that

• The Wall Street Journal
  

  Hate Stuffy, Claustrophobic Airport Terminals? Here’s a Breath of Fresh Air.

  This garden spot was Idlewild Airport, as the country’s chief international gateway was known before it became Kennedy Airport in 1963. In the early jet age, only an elite few traveled by air, and some airports spruced up their surplus real estate with landscaping, outdoor plazas with fountains and other parklike features. “Airports were tourist destinations,” with open-air observation decks drawing both ticketed travelers and plane-spotting locals, says Harriet Baskas, founder of the airport blog stuckattheairport.com.

  38m ago

• Fortune
  

  Hawaii’s politicians are desperately trying to get tourists back after deadly wildfires: ‘Please consider South Maui’

  Hawaii Senator Brian Schatz claimed “furloughs and layoffs” were underway due to tourists staying home after the state’s deadly wildfires.

  5h ago

• The Wall Street Journal
  

  New York’s Famous Gramercy Park Hotel to Reopen After Renovations Under New Operator

  MCR Hotels acquired the lease to the famous 200-room hotel for about $50 million and expects to reopen it after a renovation in about two years.

  20h ago

• Investor’s Business Daily
  

  Donald Trump Booked, Returns To X With Mug Shot; DWAC Stock Wobbles

  Former President Donald Trump made a surprise return to X, formerly known as Twitter, Thursday night after he surrendered at the Fulton County jail in Georgia. The maneuver sent Digital World Acquisition stock, the special purpose acquisition company aiming to take Trump’s own tech and social-media platform public, downward early Friday.

  1h ago

• TipRanks
  

  2 ‘Strong Buy’ Dividend Stocks With at Least 8% Dividend Yield

  While the summer months are proving to be less lucrative for stock market participants, the overall trend this year has been upward. However, JPMorgan’s global strategist, Dubravko Lakos, has recently sounded the alarm, pointing out several headwinds that are piling up, which he sees as placing a solid cap on market gains. First, Lakos points out that stock prices are high relative to earnings. Second, he adds that sentiment is too bullish, having reversed too sharply from last year’s bearish mo

  2h ago