The JetBlue drop-off area at New York's LaGuardia Airport on Oct. 31, 2023.Leslie Josephs/CNBCJetBlue Airways stock tumbled to a nearly 12-year low Tuesday as the company forecast a loss for the fourth quarter and heads to court to defend its acquisition of budget carrier Spirit Airlines, a purchase it...
United Auto Workers members rally outside Stellantis' Ram 1500 plant in Sterling Heights, Michigan, after the union called a strike at the plant on Oct. 23, 2023.Michael Wayland / CNBCDETROIT — Labor strikes by the United Auto Workers union cost Stellantis about $3.2 billion, or 3 billion euros, in...
Jitalia17 | E+ | Getty ImagesThe U.S. Department of the Treasury announced Series I bonds will pay 5.27% annual interest Nov. 1 through April 2024, up from the 4.3% annual rate offered since May.Tied to inflation, investors can claim 5.27% for six months — the fourth-highest I bond rate...
Shauna Mace, CHPCHead of Practice Management In 2022, the wealth management industry faced a whirlwind of challenges, ranging from unpredictable markets to rising costs. Advisory firms, however, demonstrated resilience by clocking an 8% growth in client relationships. Yet, beneath these encouraging numbers lie deeper insights and trends. The 2023 InvestmentNews Benchmarking...
Less than six months after launching to the public and announcing a $7.5 million seed raise, a startup providing banking services to Americans over the age of 62 has raised additional funding. The days of closing two capital raises in a matter of months are mostly long gone, so it...
This fall could be an unusually stressful time for families with children planning to start college next year. The cause: Many will be guessing about how much they will have to pay or borrow for tuition. Not only are they awaiting acceptance letters, but there’s a two-month delay in Federal Student...
Check out the companies making headlines before the bell. Arista Networks — Shares of the cloud networking solutions company gained nearly 10% after beating third-quarter expectations. Arista reported earnings of $1.83 per share, excluding items, on $1.51 billion in revenue. This was higher than the $1.58 in earnings per...