Alaska Airlines-Hawaiian Airlines Merger Clears Major Hurdle

The merger between Alaska Airlines and Hawaiian Airlines has moved one step closer to completion. It has passed a significant milestone by clearing the U.S. Justice Department’s antitrust review. This development, which comes eight months after the $1.9 billion agreement was announced,…

Powell Navigates Inflation Pressures in Congressional Hearings

Federal Reserve Chair Jerome Powell returns to Congress this week for a two-day hearing as inflation pressures continue to pose challenges for the Fed. Last June, Powell appeared before Congress when inflation had reached a four-decade high of nearly 9% with no…

Trump Faces Legal Battle Over Capitol Riot Involvement

The US Justice Department has stated that former President Donald Trump can be sued for his involvement in the Capitol riot on January 6th, 2021. In a federal court case, the department told a Washington appeals court to allow the lawsuits filed…

Cava’s Earnings Soar as Restaurant Traffic Climbs 10%  

Cava has delivered another strong financial performance, raising its full-year outlook after reporting better-than-expected earnings and revenue. The Mediterranean restaurant chain experienced a notable uptick in customer traffic, which boosted its quarterly results. As a result, Cava’s shares surged 9% in extended…

Macron Engages in Talks to Form New French Government

French President Emmanuel Macron is currently engaged in vital discussions with key political figures to resolve a significant political deadlock and form a new government. This action follows recent snap legislative elections that resulted in a hung parliament, which has intensified existing…

Economic Uncertainties Ahead: A Guide for Investors

On Tuesday, Asian shares saw a mixed performance in quiet trading as investors kept a close eye on the latest economic data and awaited the next moves from the Federal Reserve. The Nikkei 225 in Japan increased by 0.4% to 28,336.98, while…

President Biden Visits Senate to Show Unity Among Democrats

On Thursday, President Joe Biden visited the Senate to show unity among Democrats, but instead, he endorsed a Republican priority. With Democrats acknowledging the difficulties of getting much done in the closely divided Congress, Biden pledged to find areas of agreement between…

Starmer Responds to Cronyism Claims in Government

In a recent wave of scrutiny, Sir Keir Starmer, the Prime Minister, has found himself at the center of controversy following allegations of cronyism linked to several government appointments. These allegations emerged after a series of Labour-aligned figures were appointed to key…

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