Southwest Airlines new premium seats featuring extra legroom.Leslie Josephs/CNBCSouthwest Airlines’ first assigned seats went on sale this week for flights starting Jan. 27 of next year. What you’ll pay will vary.The price depends on the route, when you’re traveling and where you sit. Selecting your ideal seats can add hundreds of dollars to the cost of a family vacation, similar to flying on other airlines.For example, a roundtrip ticket in the “Choice” ticket class — the second cheapest type of ticket — between Denver International Airport and Orlando International Airport leaving Feb. 14 and returning Feb. 21, which coincides with…
Author: usaeverydaylife
Nikolai Daskalov lives alone in a small house in rural Virginia. His preferred spot is a brown suede recliner in the middle of his living room facing a vintage wooden armoire and a TV that’s rarely turned on. The front of the white home is covered in shrubs, and inside there are trinkets, stacks of papers and faded photos that decorate the walls. There’s nobody else around. But Daskalov, 61, says he’s never lonely. He has Leah.”Hey, Leah, Sal and his team are here, and they want to interview you,” Daskalov says into his iPhone. “I’m going to let him speak…
Key PointsA fresh ultimatum demanding “binding commitments” to lower U.S. drug prices sent pharma firms scrambling Friday.President Trump sent letters to 17 major firms outlining the steps they must take to cut costs.Healthcare stocks tumbled Friday, following broader market losses as investors digested Trump’s amended tariffs.Pharmaceutical firms are scrambling to respond to a fresh ultimatum from U.S. President Donald Trump demanding “binding commitments” to lower their drug prices stateside . The White House said Thursday that President Trump had sent letters to 17 major pharmaceutical firms outlining the steps they must take to lower the price of U.S. prescription drugs…
Ray Dalio, founder of Bridgewater Associates LP, speaks during the Milken Institute Asia Summit in Singapore, on Wednesday, Sept. 18, 2024. The size of the Federal Reserve’s interest rate cut this week won’t be a game changer for global investors, though risks from China’s slowdown continue to weigh on their minds, according to participants at the regional forum. Photographer: Ore Huiying/Bloomberg via Getty ImagesBloomberg | Bloomberg | Getty ImagesRay Dalio, founder of one of the biggest hedge funds Bridgewater, has dumped his remaining shares in the firm and stepped aside from its board.Bridgewater completed the final sale of Dalio’s equity…
Chevron on Friday reported second-quarter earnings that took a substantial hit due to low oil prices and a loss on its acquisition of Hess Corporation.The oil major’s net income declined about 44% to $2.49 billion, or $1.45 per share, from $4.43 billion, or $2.43 per share, in the same period last year.Chevron booked a $215 million loss on the fair value measurement of Hess shares. When adjusted for that charge and other one-time items, Chevron earned $1.77 per share to beat Wall Street estimates.Here is what Chevron reported for the second quarter compared with what Wall Street was expecting, based…
Analysts were cautious heading into Apple’s latest earnings report but breathed a sigh of relief after the “Magnificent Seven” titan posted its biggest quarterly revenue growth since December 2021. In its fiscal third quarter, the iPhone maker earned $1.57 per share on $94.04 billion in revenue. That exceeds the $1.43 per share and revenue of $89.53 billion that analysts polled by LSEG had penciled in. Apple incurred $800 million in tariff costs during the quarter, which came under the $900 million the company had estimated in May. Apple CEO Tim Cook forecast $1.1 billion in tariff costs for the current…
Exxon Mobil reported second-quarter earnings on Friday that declined significantly compared to last year, though the company beat Wall Street estimates as production growth softened the impact of lower oil prices.Exxon’s net income fell 23% to $7.1 billion, of $1.64 per share, compared to $9.2 billion, or $2.14 per share, in the same period last year.Here is what Exxon reported for the second quarter compared with what Wall Street was expecting, based on a survey of analysts by LSEG:Earnings per share: $1.64 vs. $1.54 expectedRevenue: $81.5 billion vs. $80.77 billion expectedThis is a breaking news story. Please check back for…
Businesses across Asia are increasingly warming up to stablecoins for cross-border transactions — a trend set to accelerate further as Hong Kong moves to legalize the use of digital tokens, experts told CNBC. From online travel agencies and luxury goods resellers to high-end hotels, companies are embracing stablecoin for payments, citing both speed and cost-efficiency compared to the traditional financial system. Stablecoins are cryptocurrencies usually pegged to sovereign currencies or even gold, making them more stable compared to other crypto assets. Hong Kong’s new legislation , set to take effect Friday, will formalize the framework for financial firms to issue…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailCNBC’s Leslie Picker with JPMorgan CEO Jamie Dimon, join ‘Money Movers’ to discuss his branch strategy, the economy, his meetings with the president and Trump’s comments about Fed Chair Powell and more.21:37Thu, Jul 31 202511:43 AM EDT Source link
A customer stands in front of a fruit and vegetable stall at an open-air market in Paris on July 15, 2025.Behrouz Mehri | Afp | Getty ImagesEuro zone inflation was unchanged at a higher-than-expected 2% in July, flash data from statistics agency Eurostat showed Friday.Economists polled by Reuters had expected the figure to hit 1.9%, after a 2% reading in June.So-called core inflation, which strips out more volatile food, energy, alcohol and tobacco prices, came in at 2.3% in July, the same level as during the previous two months, Friday’s data showed.The closely watched services print meanwhile eased to 3.1%…
