American Airlines new business-class suite.American AirlinesDALLAS — Armed with dollops of caviar and handfuls of Bang & Olufsen headphones, U.S. airlines are duking it out for international business-class dominance. There are even differences between seats in the same cabin.Next week, American Airlines plans to start flying its upgraded business-class “suites” that feature today’s premium-class must-have — a sliding door — and other features like a “trinket tray” and a wireless charging pad.Within the cabins on its subset of Boeing Dreamliners, which American is calling the 787-9P (the P stands for premium), there will be eight “Preferred” suites that the airline…
Author: usaeverydaylife
Check out the companies making headlines before the bell. UiPath — Shares surged 12% after the automation software company posted first-quarter operating income and revenue figures that exceeded FactSet estimates. UiPath also raised its full-year revenue guidance and sees its current-quarter revenue coming in between $345 million to $350 million, while analysts polled by FactSet were expecting $331.3 million. Ulta Beauty — The beauty retailer’s shares rallied 9% after the firm raised its annual profit forecast and crushed expectations with its quarterly results. Ulta said lower inventory losses as well as new launches — especially celebrity-owned brands — helped drive…
The future is bright for water technology company Xylem , according to JPMorgan. Analyst Mark Strouse initiated coverage of Xylem with an overweight rating and price target of $148 per share. That suggests 17.8% upside for the company, which provides a wide swathe of water solutions, such as drinking water treatment and measurement, pump installation and wastewater management systems. Shares of Xylem have added 8.3% year to date. Strouse believes the stock is a strong play for investors wanting to invest directly into water technology. “XYL is an industry leading water technology pure play and we believe an attractive core…
Netflix can continue to march higher even as the stock already trades at record levels, according to Evercore ISI. Analyst Mark Mahaney maintained his outperform rating on the streaming giant and raised his price target by $200 to $1,350, which suggests nearly 14% potential upside ahead. Shares hit an all-time high this week, bringing their year-to-date gains to nearly 32%. Mahaney’s bullish sentiment on Netflix comes after Evercore ISI ran its 54th quarterly U.S. survey and 15th annual UK survey, which received roughly 1,300 respondents in each market. From the survey results, Mahaney observed live events to be a key…
Indian tourists and Kashmiris walk near the clock tower (Ghanta Ghar) in Srinagar, Jammu and Kashmir, on May 28, 2025. Firdous Nazir | Nurphoto | Getty ImagesIndia’s economy expanded at a faster-than-expected annual rate of 7.4% in the quarter ended March, despite the growing uncertainty in the global economy.The gross domestic product in the first three months of 2025, or the fourth quarter of the government’s fiscal year 2025, was sharply higher than the 6.7% growth forecast by economists in a Reuters poll.That marked the strongest quarterly growth in the fiscal year of 2025, accelerating from a 6.2% expansion in the…
The euro has seen significant gains against the dollar amid uncertainty around President Trump’s tariffs policies.Matt Cardy | Getty Images News | Getty ImagesU.S. President Donald Trump’s tariffs regime has sparked volatility in American assets — and European officials are making no secret of wanting the euro to seize upon wavering confidence in the U.S. dollar.The dollar is the world’s most commonly held reserve currency, accounting for almost 60% of global foreign exchange reserves and playing an important role in the trade of assets like oil and gold. It also acts as a peg for currencies including the Hong Kong…
President Donald Trump holds a chart as he announces a plan for tariffs on imported goods during an event April 2, 2025, in the Rose Garden at the White House. Demetrius Freeman/The Washington Post via Getty ImagesThe fate of many of President Trump’s tariffs is uncertain after a string of court rulings this week.But even if a court block on country-specific tariffs is upheld, others that would remain on the books — for products like steel and automobiles — are still expected to cost consumers almost $1,000 a year, according to a new analysis by the Yale Budget Lab.”It does…
A crisis in the world of private credit may not unfold in the near term, but investors should think about what may happen when the next recession comes along. The Boston Federal Reserve recently published a paper exploring whether or not the surge of dollars into private credit will eventually pose systemic financial risk to the lending industry. While the paper didn’t directly answer the question posed, it’s important that it was asked at all. The private credit asset class has swelled to about $1.7 trillion . Firms in the industry provide loans to businesses in an environment where banks…
Tim Leissner, former chairman of Southeast Asia for Goldman Sachs Group Inc., exits federal court in the Brooklyn borough of New York, US, on Thursday, May 29, 2025. Yuki Iwamura | Bloomberg | Getty ImagesFormer Goldman Sachs banker Tim Leissner was sentenced to two years in prison by a judge in a New York court on Thursday after he pleaded guilty in 2018 for his involvement in a multi-billion dollar scandal involving Malaysia’s sovereign fund 1MDB.Leissner’s conduct was “brazen and audacious,” judge Margo Brodie said during sentencing. While his cooperation with the government was taken into account, it did not make up for the…
While U.S. President Donald Trump’s tariffs play out in U.S. courts, another one of his laws could weaponize the American tax system.Investment banks and law firms warn this step could prove to be as significant as the impact of duties on investors.The “One Big Beautiful Bill Act,” which passed through the U.S. House of Representatives last week, includes the most sweeping changes to the tax treatment of foreign capital in the U.S. in decades under a provision known as Section 899. The legislation must still gain the Senate’s approval.”We see this legislation as creating the scope for the US administration…
