It’s not clear who made the final decision to return the 737 Max to the United States, as neither Boeing nor China’s Xiamen Airlines provided an explanation. A Boeing plane that was intended to be used by a Chinese airline landed back in the aerospace manufacturer’s U.S. production home on April 19, as tensions build
Health care and tech stocks were the biggest losers, while financial shares posted gains. News Analysis Volatility continued this week on Wall Street, with stocks posting losses despite a decline in Treasury bond yields. The Dow Jones Industrials and the tech-heavy Nasdaq led the losses on mixed earnings and economic reports. The S&P 500 index
The initiative aims to boost domestic production of critical minerals and reduce dependence on China by expediting reviews for key mining projects. The Trump administration on Friday announced a major step to accelerate domestic critical mineral production by fast-tracking permitting for 10 mining projects under the federal FAST-41 infrastructure initiative. The move, jointly announced on
News Analysis Affluent consumers have continued the spending spree in 2025 by accumulating more debt, helping American Express report another great quarter. The company’s shares traded slightly higher on Wall Street in a choppy market. On April 17, the 175-year-old New York-based financial service giant specializing in credit card payments for wealthy individuals and corporations
Facing softer inflation and rising risks to the economic outlook, the ECB has cut rates and called on governments to pursue reforms. The European Central Bank (ECB) has cut interest rates by 25 basis points, citing easing inflation and rising downside risks to economic growth, including escalating global trade tensions and weakening business confidence across
Lower courts previously found the university employees didn’t have enough evidence to proceed. The Supreme Court ruled unanimously on April 17 that Cornell University employees may pursue a class action lawsuit in which they claim that their retirement plans were mismanaged and charged exorbitant fees. The U.S. Court of Appeals for the Second Circuit previously
The Federal Reserve is not expected to cut interest rates until June. President Donald Trump renewed his call for the Federal Reserve to cut interest rates, saying Fed Chair Jerome Powell’s “termination cannot come fast enough.” In a Truth Social post on April 17, Trump urged the Federal Reserve to emulate the European Central Bank
Homeowners insurance is one of those things most people buy and then forget about—that is, until they need it. Choosing the right type of homeowners insurance can save you when disaster strikes. There are eight different types of homeowners insurance, and it’s important to understand what they are when insuring your home. But how do
The U.S. labor market remains resilient amid broader economic volatility. U.S. initial jobless claims tumbled last week, signaling that companies are not laying off workers amid economic uncertainty. Department of Labor data released on April 17 show that for the week ended April 12, the number of individuals filing new applications for unemployment benefits declined
Nationals Senator Bridget McKenzie said US and EU passengers enjoy more protection that their Australian counterparts. Executives of Australia’s two largest airlines, Virgin and Qantas, have been probed on why Australian flight passengers do not enjoy the same consumer protections as those in the U.S. and EU. In August 2024, the Labor government released the