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  • Mar 27, 2025

Analysis-Economic turbulence shakes US airlines as travel demand falters

U.S. airlines were flying high less than two months ago on talk of a new golden age, as strong travel demand and tight industry-wide capacity raised the prospect of a multi-year profit boom. But President Donald Trump's broad tariffs and a crackdown on government spending have upended that optimism. Tourists and companies have reduced spending amid rising economic uncertainty, forcing carriers to cut their first-quarter profit forecasts.

  • Mar 27, 2025

US oil producers face new challenges as top oilfield flags

U.S. oil producers are grappling with geological limits to production growth as the country's top oilfield ages and produces more water and gas and less oil - and may be nearing peak output. The Permian basin was the centerpiece of the shale revolution that began nearly two decades ago and spurred the U.S. to become the world's top oil producer, stealing market share from the Organization of the Petroleum Exporting Countries (OPEC) and other top producers. Slowing output growth and rising costs would make it difficult for oil producers to pump more and bring down oil prices to consumers, as envisioned by U.S. President Donald Trump in his "drill, baby, drill" mantra.

  • Mar 27, 2025

S&P 500 ends lower as investors digest Trump's auto tariffs

(Reuters) -The S&P 500 ended lower on Thursday, as investors grappled with U.S. President Donald Trump's latest trade tariff announcement that hit shares of General Motors and Ford. Trump unveiled on Wednesday his plan to implement a 25% tariff on imported cars and light trucks effective on April 3, while the duty on auto parts begins on May 3. Investors are also bracing for a wave of reciprocal tariffs Trump plans to unveil on Wednesday, although the president has hinted there may be room for flexibility.

  • Mar 27, 2025

GameStop to borrow $1.3 billion to fund bitcoin buying spree

(Bloomberg) -- GameStop Corp. is seeking to sell $1.3 billion of convertible bonds to fund Bitcoin purchases as it embraces a strategy that was developed by the cryptocurrency advocate Michael Saylor.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?How SUVs Are Making Traffic WorseTrump Slashed International Aid. Geneva Is Feeling the Impact.These US Bridges Face High Risk of Catastrophic Ship Stri

  • Mar 27, 2025

Hedge Funds Scoop Up Cyclical Stocks as Tariff Fears Swirl

(Bloomberg) -- Hedge funds have started to snap up the shares of economically sensitive companies that had cratered over the past month as recession worries rocked US stock markets.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?How SUVs Are Making Traffic WorseTrump Slashed International Aid. Geneva Is Feeling the Impact.These US Bridges Face High Risk of Catastrophic Ship StrikesLast week, they

  • Mar 27, 2025

3 Reasons to Avoid BALL and 1 Stock to Buy Instead

Ball has gotten torched over the last six months - since September 2024, its stock price has dropped 23.6% to $51.53 per share. This was partly due to its softer quarterly results and may have investors wondering how to approach the situation.

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