Posts with tag: travel
A strong dollar is boosting travel to Europe, with major airlines like United and Delta seeing record profits. The greenback's rise has made US products more expensive abroad but has also increased the purchasing power of US travelers in Europe. As a result, airlines are adding more routes to popular European destinations and expanding their premium travel offerings to capitalize on the increased demand.
Published on: January 24, 2025, 07:03 PM UTC
The stock market rally took a pause near record highs, but remains on track for its strongest start to a presidential term since Ronald Reagan took office in 1985. The S&P 500 climbed about 2% this week, boosted by President Trump's pro-growth policies and softening stance on China tariffs. However, a rout in chipmakers weighed on trading Friday. Bonds rose amid data showing a drop in US consumer sentiment and a slight pullback in the growth pace of business activity. The yield on 10-year Treasuries declined two basis points to 4.62%. The dollar was set for its biggest weekly drop since July 2023. Cryptocurrency-linked firms rallied following Trump's executive order favoring the industry.
Published on: January 24, 2025, 07:00 PM UTC
Morgan Stanley Exec: Deregulation will spur M&A and boost bank stocks. Tune in to the Opening Bid podcast from the World Economic Forum for more insights from top business leaders.
Published on: January 24, 2025, 06:04 PM UTC
Tesla Updates Model Y With New Exterior, Interior, and More
Published on: January 24, 2025, 06:02 PM UTC
Bridgewater founder Ray Dalio sees trouble on the horizon for expensive megacap tech stocks as bond yields rise.
Published on: January 24, 2025, 06:02 PM UTC
President Trump's executive order paused a global minimum tax agreement among 140 countries that targeted corporate tax rates. Tech giants like Meta, Alphabet, Tesla, and Amazon, who utilize the US research and development tax credit, stand to benefit from this move.
Published on: January 24, 2025, 06:02 PM UTC
Listen to Yahoo Finance's Opening Bid podcast for expert insights on the potential impact of Trump's regulatory reforms on companies and the economy.
Published on: January 24, 2025, 05:03 PM UTC
Five essential bank accounts for managing finances before and during retirement include checking accounts, high-yield savings accounts, money market accounts, certificates of deposit, and health savings accounts.
Published on: January 24, 2025, 04:09 PM UTC
The Trump administration has withdrawn a proposed ban on menthol cigarettes and flavored cigars, a move that has been met with disappointment by public health advocates who have been pushing for such a ban for over a decade.
Published on: January 24, 2025, 04:07 PM UTC
Published on: January 24, 2025, 04:07 PM UTC