In this article DAL Delta Air Lines Airbus A330neo or A330-900 aircraft with neo engine option of the European plane manufacturer, as seen departing from Amsterdam Schiphol AMS EHAM International airport. Nicolas Economou | NurPhoto | Getty Images Delta Air Lines on Wednesday reported a quarterly profit and higher-than-expected revenue for the third quarter, but
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A macro of a Rolex Explorer II GMT watch. xrrr | iStock Editorial | Getty Images A rush of companies are vying to become the eBay of high-end horology — including the storied online marketplace itself. Demand for high-end watches exploded during the Covid-19 pandemic. But the Big Four watch brands — Rolex, Patek Philippe,
The shrinking U.S. workforce during the Covid pandemic is “going to cripple” the economic recovery, billionaire investor and businessman Barry Sternlicht warned Wednesday. The founder of Starwood Capital Group, which operates hotels as part of its broader portfolio, said the federal government should pay people go back to work, not to stay home. “The whole
Paul Taylor | Getty Images It’s maybe the most human question there is: What’s going to happen next? We all want to know where we’re going, what bad will befall us, what good turns our lives may take. When it comes to our money, these questions feel especially high-stakes. What if that investment decision backfires?
Getty Images Americans spent more on travel, dining out and other gatherings as the country reopened this summer. And now, many women are worried about upcoming holiday expenses as the season approaches. Some 38% of women are anxious about holiday costs, according to an Ellevest survey on financial wellness. While the summer’s extra spending may
A look at how performance data is showing that equity markets are struggling to find direction.
Aerial photo of Taicang port container terminal, Suzhou City, Jiangsu Province in China, Oct. 4, 2021. Finn | Barcroft Media | Getty Images BEIJING — China reported disappointing growth in imports in September, while exports beat expectations, according to data released Wednesday by the customs agency. Imports in U.S. dollar terms rose 17.6% last month
A pedestrian crosses a road in front of residential buildings in Beijing, China. Qilai Shen | Bloomberg | Getty Images Morgan Stanley has upgraded China’s property sector to “attractive,” even as worried investors are watching closely to see if debt-saddled Evergrande might default, and whether there will be contagion. The U.S. investment bank said it
Singapore’s new “vaccinated travel lanes” sparked a flurry of flight inquiries as residents of the city-state seek to take advantage of easing international travel measures. Searches for cities within Singapore’s so-called VTLs doubled — and in some cases almost tripled, according to Expedia Group data. It came after government officials announced the opening of new
Elizabeth Holmes, founder of Theranos Inc., left, arrives at federal court in San Jose, California, on Tuesday, Oct. 12, 2021. David Paul Morris | Bloomberg | Getty Images SAN JOSE, CALIF. — Former Safeway CEO Steve Burd said on Tuesday that his company knew it was taking a risk by partnering with blood-testing start-up Theranos,
Cathie Wood, founder and CEO of ARK Investment Management LLC, speaks during the Skybridge Capital SALT New York 2021 conference in New York City, September 13, 2021. Brendan McDermid | Reuters Closely followed innovation investor Cathie Wood said they migration trend playing out in her own company is further evidence that investors should fear deflation
Westend61 The Covid-19 pandemic has been a financial boon for some and a catastrophe for others. Now those effects are showing up in one more place: anticipated retirement dates. The pandemic has prompted 35% of Americans to change the age when they anticipate retiring, a recent survey from Northwestern Mutual found. More from Personal Finance:If