British Airways to reward pilots for cutting fuel as costs climb

British Airways to reward pilots for cutting fuel as costs climb

British Airways Airbus A380 Superjumbo passenger aircraft, spotted flying on final approach for landing on London Heathrow Airport runway in the United Kingdom. Nicola Economou | Nurphoto | Getty Images British Airways is offering a financial incentive to its pilots who reduce their planes’ fuel consumption, as the U.S.-Iran war continues to plague travel and…

Read More
Caterpillar, Eaton results show tariff hit, cast doubt on hottest Wall Street trade

Caterpillar, Eaton results show tariff hit, cast doubt on hottest Wall Street trade

Key Points Caterpillar’s operating profit fell 18% compared with the same period last year due to President Donald Trump’s tariffs. Eaton provided third-quarter earnings guidance that missed Wall Street expectations. Caterpillar’s and Eaton’s results cast doubt on the performance of the industrial sector, one of the hottest trades this year. Caterpillar and Eaton reported financial…

Read More
Fed chief Powell to attend Supreme Court arguments on Trump bid to fire Lisa Cook

Fed chief Powell to attend Supreme Court arguments on Trump bid to fire Lisa Cook

Jerome Powell, chairman of the US Federal Reserve, during the Hoover Institution’s George P. Shultz Memorial Lecture Series in Stanford, California, US, on Monday, Dec. 1, 2025. Jason Henry | Bloomberg | Getty Images Federal Reserve Chairman Jerome Powell plans to attend oral arguments on Wednesday at the Supreme Court in a case challenging the…

Read More
Oracle’s credit default swaps are plummeting after financing plans

Oracle’s credit default swaps are plummeting after financing plans

Oracle’s 5-year credit default swaps tumbled 17% after the software vendor’s plan to raise $50 billion in debt and equity bolstered investor confidence that the company will be able to avoid a credit downgrade as it funds its artificial intelligence buildout. “Equity financing significantly inhibits the downside for credit,” Andrew Keches, a credit analyst at…

Read More
China’s annual trade surplus hits a record .2 trillion as December exports beat

China’s annual trade surplus hits a record $1.2 trillion as December exports beat

QINGDAO, CHINA – JANUARY 13, 2026 – The cargo ship is loading and unloading foreign trade containers at Qingdao Port in Qingdao City, Shandong Province, China on January 13, 2026. Cfoto | Future Publishing | Getty Images China’s exports growth in December sharply beat expectations, catapulting the annual trade surplus to a record high, even…

Read More