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Airline Stocks Plummet Amid Travel Spending Concerns, Analyst Downgrades
Airline stocks dropped significantly due to decreased travel demand and consumer confidence, with Jefferies downgrading major airlines.
April 01, 2025
US Economy Grew Faster than Expected in Q4, Raising Hopes for a Soft Landing
Driven by robust consumer spending, US GDP grew faster-than-anticipated in Q4 2023.
January 25, 2024
Stocks Open Lower as Q3 GDP Data Reveals Accelerated Growth Rate
US GDP grew at 4.9% annualized rate in Q3 2023, compared to 2.1% in Q2 and consensus estimates of 4.2%.
October 26, 2023
Amex Down 4.4% as Revenue Misses Expectations
American Express shares fell nearly 4.4% to $169.36 after the company reported worse-than-expected revenue growth for Q2.
July 21, 2023
Strong Consumer Spending Can Prevent Recession But Pandemic Savings Exhausted
Treasury Secretary Janet Yellen is optimistic about avoiding a recession but data suggests a grim outlook in the short-term.
June 20, 2022
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