New Fed research highlights rising risk of US recession - Reuters

New Fed research highlights rising risk of US recession – Reuters

NEW YORK, Dec. 30 (Reuters) – Just over half of the 50 states in the US are showing signs of slowing economic activity, crossing a key threshold that often signals…

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Travelers are dealing with weather cancellations at Dallas Love Field Airport

Southwest promises refunds as airline sees ‘certain’ financial fallout – Reuters

WASHINGTON, Dec. 29 (Reuters) – Southwest Airlines (LUV.N) promised to reimburse passengers for expenses such as hotels and car rentals, in addition to refunding tickets after it canceled thousands of…

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Exxon sues EU to block new windfall tax on oil companies – Reuters

Dec 29 (Reuters) – US oil company Exxon Mobil Corp (XOM.N) is suing the European Union in an attempt to force it to scrap the bloc’s new windfall tax on…

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Southwest Airlines is canceling more than 12,000 flights over the Christmas holiday weekend across the country and in Baltimore

Southwest flight a ‘system failure,’ US says – Reuters

WASHINGTON, Dec. 28 (Reuters) – US Secretary of Transportation Pete Buttigieg stepped up pressure on Southwest Airlines on Wednesday (LUV.N)saying that thousands more canceled flights indicated a system failure at…

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US stocks fall on recession fears, Nasdaq closes at new bear market low - Reuters

US stocks fall on recession fears, Nasdaq closes at new bear market low – Reuters

Tesla gains 3.3% in choppy trading Southwest Airlines drops 5.2% under government scrutiny Indexes down: Dow 1.1%, S&P 500 1.20%, Nasdaq 1.35% December 28 (Reuters) – Wall Street’s major indices…

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