Follow CEOs at the JPMorgan Healthcare Conference

CNBC’s Jim Cramer on Friday told investors what to watch for on Wall Street next week, highlighting JPMorgan‘s market-moving health-care conference in San Francisco. Taking place from Monday to Thursday, the conference is one of the year’s largest gatherings of major industry CEOs where they reveal earnings guidance and updates on clinical trial research. “The … Read more

Wall Street heads into the week ahead on edge as inflation and earnings data loom

Investors are heading into next week on edge as stocks struggle to start the year, with key inflation data and big bank earnings on deck. The major averages kicked off 2024 with a whimper. The S & P 500 on Friday snapped its best weekly winning streak going back to 2004. The Nasdaq and Dow … Read more

Treasury yields fall as traders continue to assess prospects of futures Fed rate cuts

The 10-year U.S. Treasury yield retreated on Tuesday, reversing course from the previous day’s trade and continuing a general downward trend over the past week. The yield on the benchmark 10-year note was down 5 basis points at 3.907%, having fallen below 4% on Thursday to hit its lowest point since July. Yields move inversely … Read more

Delta beefs up Austin flights in battle for fast-growing airport

Angel Di Bilio | iStock Editorial | Getty Images Delta Air Lines is adding more flights next year at Austin-Bergstrom International Airport, in a bid to gain market share in one of the country’s fastest-growing airports. The carrier plans to add 11 nonstop flights from Austin in April, giving it almost 50 peak-day flights, the … Read more

Treasury yields inch higher ahead of Fed meeting

U.S. Treasury yields were fractionally higher on Monday, as investors look ahead to this week’s Federal Reserve policy meeting. The yield on the benchmark 10-year Treasury note was 3.1 basis points higher at 4.277%. The yield on the 30-year Treasury bond was 2 basis points higher at 4.35%. Yields move inversely to prices. Traders are … Read more

Alaska-Hawaiian airline merger faces Justice Department scrutiny

An Alaska Airlines aircraft flies past the U.S. Capitol before landing at Reagan National Airport in Arlington, Virginia, U.S., January 24, 2022. Joshua Roberts | Reuters Alaska Air Group‘s executives spent months working on its plan to buy rival Hawaiian Airlines. The airlines’ leaders will now spend many more trying to convince regulators the acquisition … Read more

Southwest, pilots union near a preliminary labor deal

A Southwest Airlines Boeing 737-700 aircraft lands at Ronald Reagan Washington National Airport in Arlington, Virginia, May 7, 2023. Nicolas Economou | Nurphoto | Getty Images Southwest Airlines and its pilots union are closing in on a new contract that would raise pay for the carrier’s more than 11,000 aviators and end months of contentious … Read more