Southwest Airlines joins rivals Delta, United in cutting flights, scrapping forecasts

Southwest Airlines became the latest US carrier on Wednesday to withdraw its financial forecast as President Trump’s trade war has created the biggest uncertainty for the industry since the COVID-19 pandemic. With little clarity on how consumers will behave in the face of a potentially worsening economy, airlines are struggling to accurately forecast their business. Travel is a discretionary item for many … Read more

Loyalty program Bilt to offer points on student loan, housing payments: ‘More mature credit profile’

Bilt Rewards, a loyalty program that offers perks on rent payments and mortgages, is turning its attention to one of the nation’s biggest debt problems – student loans.  The New York-based startup, which operates as a payment processor, on Wednesday unveiled programs that will reward students with points for their loan and campus housing payments. … Read more

‘The Office’ star Rainn Wilson rips ‘left-leaning’ media outlets during MS

“The Office” star Rainn Wilson slammed “left-leaning” media outlets for causing the public to lose trust in President Donald Trump and Elon Musk — while being cheerleaders for the Biden administration. Wilson, who played the ambitious Dwight Schrute on the hit show, voiced his complaints to MSNBC anchor Stephanie Ruhle during an interview with her … Read more

Trump says he has ‘no intention’ of firing Jerome Powell after calling him a ‘major loser’ — but has a key ask for central bank chief

President Donald Trump said Tuesday he has no plans to fire Federal Reserve Chair Jerome Powell, but said he wants interest rates to be lower, remarks that could defuse tensions over the central bank chief’s future that have rattled investors. “I have no intention of firing him,” Trump told reporters in the Oval Office on Tuesday. … Read more

Boeing jet returns to US from China — a victim of Trump’s tariff war

A Boeing jet intended for use by a Chinese airline landed back at the planemaker’s US production hub on Saturday, a victim of the tit-for-tat bilateral tariffs launched by President Trump in his global trade offensive. The 737 MAX, which was meant for China’s Xiamen Airlines, landed at Seattle’s Boeing Field, according to a Reuters witness. It was painted with Xiamen livery. … Read more

DHL Express to suspend global shipments over $800 to US consumers

The multinational logistics company DHL Express said it would suspend global shipments worth more than $800 to American consumers, including from Hong Kong, due to U.S. customs regulatory changes. DHL, which is headquartered in Germany, said the suspension of shipments would begin on Monday. The company said the move is a temporary measure. The company said … Read more