Money

U.S. airline bosses to be grilled over flight delays and cancellations

Published

4 years ago

July 21, 2022

There are no surprise travelers are frustrated with ongoing post-pandemic airport headaches and delays.

With staff shortages, lost luggage, massive queues and high fares, airline passengers have had plenty to complain about this year.

This past May, just 77.2% of flights to U.S. airports arrived on time, that’s down compared to May 2019.

The U.S. Department of Transportation recorded 2,413 complaints against U.S. airlines in May.

Complaints relating to flight cancellations, delays and missed connections more than doubled since before the pandemic.

And it’s only going to get worse.

These numbers don’t yet include the chaotic summer rush which has forced airlines like United, Delta and others to trim their schedules.

American and United executives will face investors Thursday when they discuss their operations on quarterly earnings calls.

Mishandlings of wheelchairs and scooters across the two periods was similarly steady. While total mishandlings increased by 159 incidents, the percentage of such occurrences was similar, at about 1.53% in May.

The rate and number of mishandled bags as well as wheelchairs and scooters, however, was up from last year.

Read the full report here

After a 2 year covid delay, months of planning, a harrying airport day, a tight connection, a mad dash through multiple terminals, I made it: I am really and truly going to New Zealand and Australia!! pic.twitter.com/t8Wo4rhagf
— Agnes Callard (@AgnesCallard) July 19, 2022

Money

Markets tumble as Trump tariffs, Greenland rhetoric and Europe backlash collide

U.S. stocks plummet over 800 points amid renewed tariff threats and political tensions from Trump, sparking global trade concerns.

Published

2 days ago

January 21, 2026

Harvey Vargas

U.S. stocks plummet over 800 points amid renewed tariff threats and political tensions from Trump, sparking global trade concerns.

U.S. equities took a sharp hit as markets reacted to renewed tariff threats and heightened political rhetoric from President Donald Trump. The Dow plunged more than 800 points, with the S&P 500 and Nasdaq also sliding as investor nerves rattled risk assets.

The sell-off highlights growing concern around global trade tensions and geopolitical uncertainty, with markets struggling to price in what comes next for U.S. economic leadership and policy direction.

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Money

Gold hits record highs as investors flee risk

Gold surges amid global uncertainty, with February futures rising 1.71% to $4,674.20 per ounce, signaling safe-haven demand.

Published

3 days ago

January 20, 2026

Harvey Vargas

Gold surges amid global uncertainty, with February futures rising 1.71% to $4,674.20 per ounce, signaling safe-haven demand.

Gold is shining brighter than ever as investors flock to safe-haven assets amid global uncertainty. U.S. gold futures for February delivery jumped 1.71% to $4,674.20 per ounce, while spot gold rose 1.6% to $4,668.14.

The surge comes as geopolitical tensions continue to worry traders, prompting a rush into metals perceived as stable and secure. Analysts say gold is proving its status as the ultimate hedge during turbulent times.

Investors are closely watching markets as gold sets new benchmarks, signalling growing caution across the financial landscape.

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Money

Markets edge higher as 10-year yields hit new highs

Major stock indices rise slightly; 10-year Treasury yield hits 4.23% amid Fed Chair speculation, affecting small and mega-cap stocks.

Published

4 days ago

January 19, 2026

Harvey Vargas

Major stock indices rise slightly; 10-year Treasury yield hits 4.23% amid Fed Chair speculation, affecting small and mega-cap stocks.

All major stock indices are starting the week slightly higher, giving investors cautious optimism. Analysts are keeping an eye on movements in small caps and mega-cap tech stocks amid these early gains.

The yield on the 10-year Treasury note has climbed to 4.23%, the highest since last September. This follows Kevin Warsh emerging as the frontrunner for the next Federal Reserve Chair, sparking speculation on future monetary policy.

Rising yields could trigger a pullback in small-cap stocks, while investors may pivot toward mega-cap tech, expected to deliver strong earnings growth. Overall, the market is likely to see a neutral to slightly bearish trend next week due to overbought conditions.

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