Federal Reserve cuts US interest rates for first time since December
Central bank moves to set rates at range between 4 and 4.25% but decision unlikely to satisfy Donald TrumpThe US Federal Reserve cut interest rates on Wednesday, its first rate cut since December, as the central bank moved to stabilize a wobbling labor market even as Donald Trump’s tariffs continue
United Airlines cast doubts on Spirit’s future
Spirit Airlines (NK, Fort Lauderdale International) In a further escalation of animosity between United Airlines (UA, Chicago O'Hare) and Spirit Airlines (NK, Fort Lauderdale International), the chief executive of the former, Scott Kirby, called the low-cost carrier's business “an interesting experi