Economy

Southwest raises Q3 forecast, announces .5 billion buyback

Southwest raises Q3 forecast, announces $2.5 billion buyback

Mickey Vernon

DALLAS — Southwest Airlines raised its third-quarter revenue forecast on Thursday, announced its board authorized $2.5 billion in share buybacks ...

What to know about celebrating Oktoberfest in Munich

What to know about celebrating Oktoberfest in Munich

Bob Elliott

Oktoberfest is a worldwide phenomenon, a Bavarian beer festival celebrated in countries around the globe. But many say nowhere is ...

OPEC is bullish on long-term oil demand growth. Not everyone agrees

OPEC is bullish on long-term oil demand growth. Not everyone agrees

Albert Wagner

The sun sets beyond crude oil storage tanks at the Juaymah tank farm at Saudi Aramco’s Ras Tanura oil refinery ...

Why Disney vacation may be getting too pricey for average American family

Why Disney vacation may be getting too pricey for average American family

Bob Elliott

The U.S. travel sector has been surprisingly resilient when it comes to travel. Domestic travel numbers have returned to pre-pandemic ...

Boeing faces strike threat as workers vote on new contract

Boeing faces strike threat as workers vote on new contract

Bob Elliott

A Boeing 737 MAX aircraft is assembled at the Boeing Renton Factory in Renton, Washington, on June 25, 2024. Jennifer ...

Middle Eastern funds plowing billions into the hottest AI start-ups

Middle Eastern funds plowing billions into the hottest AI start-ups

John Ray

Sovereign wealth funds out of the Middle East are emerging as key backers of Silicon Valley’s artificial intelligence darlings. Oil-rich ...

Machinists prepare for lengthy stoppage

Machinists prepare for lengthy stoppage

Bob Elliott

Boeing factory workers gather on a picket line during the first day of a strike near the entrance of a ...

Largest port on East Coast begins preparations for a strike

Largest port on East Coast begins preparations for a strike

Lawrence Booth

Port of New York/New Jersey executives tell CNBC they have begun preparations for a potential complete work stoppage by the ...

Flights are getting more expensive as airlines scale back growth plans

Flights are getting more expensive as airlines scale back growth plans

Bob Elliott

Delta Airlines planes are seen parked at Seattle-Tacoma International Airport on June 19, 2024 in Seattle, Washington.  Kent Nishimura | ...

Booking Holdings CEO Glenn Fogel on how AI will change trip planning

Booking Holdings CEO Glenn Fogel on how AI will change trip planning

Bob Elliott

Most people like traveling. But far fewer enjoy booking it. A survey of more than 2,400 people who book their ...