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Latest NEWS

Airfares Will Stay High Even if Jet Fuel Prices Drop

Key Points: Airlines increased ticket prices by 20% per mile as the war in Iran doubled jet fuel costs. Delta Airlines faces a massive $2 billion increase in fuel expenses for the current quarter alone. Travel demand remains completely strong, giving airlines a clear reason to keep fares permanently high. Lawmakers accuse airline executives of corporate greed for refusing to pass future fuel savings to...

Big Tech Earnings Week Will Test the Recent Stock Market Rally

Key Points: Five major technology companies will report their first-quarter earnings this week to justify a massive market rally. Alphabet, Amazon, Microsoft, and Meta plan to spend a combined $649 billion on artificial intelligence during 2026. The Magnificent Seven group expects 19% earnings growth, compared with just 12% for the broader market. High spending on new technology drains free cash flow, forcing companies like Meta...

Mixed Signals From the American Consumer Leave Experts Completely Confused

Key Points: Consumer sentiment crashed to 47.6, marking the lowest confidence score in the survey's 74-year history. The war in Iran pushed gas prices up by 40%, draining $140 billion from household incomes. Core retail sales ignored the gloomy mood and grew by 4.6% year-over-year in March. Major CEOs report that shoppers continue to buy travel tickets, snacks, and beauty products. The American consumer sends...