Economy

Economy
Economy

United adds 10 new international destinations in massive 13-route global expansion

United Airlines is preparing for its most ambitious international growth spurt in company history, unveiling a massive expansion for the summer of 2027 that adds ten new global destinations and thirteen total routes. The Chicago-based carrier is leaning heavily into European travel, targeting leisure seekers who want to avoid traditional tourist traps in favor of

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Economy

Dick’s Sporting Goods misses expectations, cites ‘challenging’ footwear market

Dick’s Sporting Goods stumbled in its latest quarterly report, missing both revenue and earnings targets set by Wall Street. The company attributed the dip to a challenging environment within the athletic footwear and apparel market, sparking a sharp reaction from investors. Shares of the retailer tumbled roughly 15 percent in premarket trading on Tuesday after

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Economy

United Airlines adds 2027 flights spanning Sardinia to Okinawa. Here’s what it says about travel today

United Airlines is placing a massive bet on the evolving tastes of global travelers by announcing a sweeping expansion of its international flight map for 2027. From the beaches of Okinawa, Japan, to the scenic landscapes of Ljubljana, Slovenia, the carrier is moving beyond traditional tourism hubs like Rome and Tokyo. This strategic shift aims

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Economy

US Treasury’s Scott Bessent ‘will lose’ battle with bond markets, former mentor warns

A high stakes clash is brewing between the US Treasury and the global bond market, with one of Scott Bessent’s own former mentors warning that the Treasury Secretary is fighting a losing battle. Stanley Druckenmiller, who worked alongside Bessent during their time at George Soros’s hedge fund in the nineties, argues that attempting to artificially

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Economy

Bessent says Treasury auctions will continue as usual despite expanded buyback program

Treasury Secretary Scott Bessent clarified on Monday that the United States will maintain its standard schedule of debt auctions, easing concerns that a recent expansion of security buybacks might signal a shift in how the government manages its borrowing. Speaking at a press conference primarily focused on economic sanctions against Iran, Bessent pushed back against

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Economy

Situational Awareness, star AI hedge fund that nearly imploded, now being probed by the SEC

Situational Awareness, once the darling of Wall Street’s artificial intelligence craze, is facing a sudden and severe crisis after a meteoric rise. The hedge fund, helmed by former OpenAI employee Leopold Aschenbrenner, built its reputation on an aggressive investment strategy centered entirely on AI technologies. While this approach initially yielded staggering growth and turned the

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Economy

Paramount CEO David Ellison is at the final hurdle before buying WBD. So far, he can’t clear it

David Ellison has spent nearly a year chasing a massive expansion of his media empire, but the finish line remains stubbornly out of reach. The Paramount CEO and son of billionaire Larry Ellison is currently locked in a high stakes battle to acquire Warner Bros. Discovery in a deal valued at roughly 110 billion dollars.

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Economy

Zillow and Redfin settle FTC antitrust case

Zillow and Redfin have reached a settlement with the Federal Trade Commission and five state governments, bringing an abrupt end to a legal battle that was set to go to trial this Monday. The dispute centered on a controversial 2025 partnership agreement that regulators claimed stifled competition within the rental listing market. At the heart

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Economy

Leaked Microsoft pay data shows how much hundreds of employees report making in AI, cloud, and other teams

A glimpse into the inner workings of Microsoft’s payroll has emerged after an internal spreadsheet was leaked, revealing how the tech giant compensates its staff during the high stakes race for artificial intelligence supremacy. The document, which contains reports from nearly 600 employees, breaks down base salaries, annual raises, cash bonuses, and stock awards across

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Economy

California attorney general cancels talks with Paramount, accuses company of leaks

California Attorney General Rob Bonta abruptly canceled a planned meeting with Paramount Skydance on Monday, accusing the media giant of playing games during ongoing negotiations. The clash follows a series of settlement talks intended to resolve an antitrust lawsuit aimed at blocking the massive 110 billion dollar takeover of Warner Bros. Discovery. Bonta stated that

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