A JetBlue Airways Airbus A321-231 departs San Diego International Airport en route to New York on March 4, 2025 in San Diego, California.Kevin Carter | Getty ImagesJetBlue Airways plans to install Amazon’s Project Kuiper on some of its airplanes to bolster in-flight Wi-Fi, the companies announced Thursday, in a vote of confidence for the nascent internet satellite service.The technology will be added to about a quarter of the airline’s fleet, with the rollout beginning in 2027 and expected to be complete in 2028, JetBlue President Marty St. George said on a call with reporters.The team-up is a significant win for…
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Surging bond yields have been making headlines for the past few days as have soaring gold prices, and while they do not have a watertight inverse relationship, higher yields usually tend to take the sheen of bullion. It appears that in the battle for safe-haven flows, gold is now emerging victorious as investors rethink their traditional safe haven playbook, with analysts pointing to growing investor concerns over the direction of fiscal and monetary policies in key economies. In the U.S., the 30-year Treasury yield went past 5% on Wednesday for the first time since July, while Japan’s 30-year government bond…
The T. Rowe Price Technology Development Center in New York, US, on Monday, May 1, 2023. Bing Guan | Bloomberg | Getty ImagesT. Rowe Price shares rallied Thursday after the asset manager struck a $1 billion deal with Goldman Sachs to sell private-market products to retail investors.Goldman will buy up to $1 billion in T. Rowe Price common stock through open-market purchases with the intention to own up to 3.5%, according to the announcement. The two financial firms will team up to offer wealth and retirement funds that give access to private markets for individuals, financial advisors, plan sponsors and plan participants.T. Rowe…
Credo Technology just posted the strongest set of financial results among its AI-leveraged peers, including Nvidia , according to Bank of America. The bank remains bullish. Analysts led by Vivek Arya reiterated a buy rating on Credo, a maker of active electrical cables (AEC), and hiked his price by $45, or 38%, to $165 from $120 previously. That new target suggests the stock, which has soared 130% in just the past six months, could gain another 32%. Shares popped more than 12% in early trading Thursday. CRDO 1Y mountain Credo Technology stock performance over the past year. Arya is particularly…
Tickets on sale now for ‘Fast Money’ Live on December 11 Source link
Bill Pulte, Director of the Federal Housing Finance Agency, speaking on CNBC’s Squawk Box on Sept. 4th, 2025.CNBCBill Pulte, President Donald Trump’s housing finance chief, on Thursday repeatedly declined to offer any details about where he got the “tip” that led him to accuse Federal Reserve Governor Lisa Cook of mortgage fraud.”I’m not going to explain our sources and methods, where we get tips from, who are whistleblowers,” Pulte said on CNBC’s “Squawk Box.””It would be reckless for me to do that,” he said.This is breaking news. Please refresh for updates. Source link
U.S. President Donald Trump reacts as he and the President of Poland Karol Nawrocki (not pictured) meet in the Oval Office at the White House in Washington, D.C., U.S., September 3, 2025. Brian Snyder | ReutersThe U.S. administration struck out at Norway’s $2 trillion wealth fund, saying it was “very troubled” by the recent exit from American firm Caterpillar.In recent weeks, the Norwegian sovereign wealth fund — the largest of its kind in the world — wound down its investments in Israel and announced plans to sell its holding of American machinery manufacturer Caterpillar, amid concerns over links to the…
A Spirit Airlines jet takes off above two United Airlines airplanes at Newark Liberty Airport on March 23, 2018 in Newark, New Jersey. Gary Hershorn | Getty ImagesSpirit Airlines is ending service in a host of U.S. cities this fall as it fights for survival. Its rivals, meanwhile, are circling its customers, and one is preparing for the possibility the budget travel icon shuts down altogether.United Airlines on Thursday put on sale a slew of new flights in cities where Spirit operates, like its home base of Fort Lauderdale, Florida, and Orlando, Florida, as well as Las Vegas, Houston and…
Mike Cannon-Brookes, co-founder and CEO of Atlassian, speaks at the National Electrical Vehicle Summit in Canberra, Australia, on Aug. 19, 2022. Cannon-Brookes is urging Australia to show more ambition on climate action, even as the new government legislates plans to strengthen the country’s carbon emissions cuts.Hilary Wardhaugh | Bloomberg | Getty ImagesAtlassian said it has agreed to acquire The Browser Company, a startup that offers a web browser with artificial intelligence features, for $610 million in cash.The companies aim to close the deal in Atlassian’s fiscal second quarter, which ends in December.Established in 2019, The Browser Company has gone up…
Key PointsBond markets have been on a bumpy ride this year, with massive spikes and falls at times stemming from White House policymaking.Moves have been more measured this week, but on the long-end, Japanese debt is at a record premium, the U.S. 30-year yield is back at 5%, and many European bonds are at multi-decade highs.Market dynamics suggest wavering confidence over central banks’ “ability and willingness to keep inflation under control in the medium term,” an economist said.Long-dated borrowing costs around the world are back under pressure, and analysts say that’s in part thanks to broad investor unease with the…
