Cashiers ring up shoppers at a Walmart store in Burbank, California. Patrick T. Fallon | Bloomberg | Getty Images Walmart is testing a slightly higher minimum wage in a few hundred of its stores, as it rolls out a new, more flexible model for how it manages workflow within the store. In roughly 500 stores,
An American Airlines Boeing 777-200 aircraft Nicolas Economou | NurPhoto | Getty Images American Airlines fourth-quarter earnings and revenue came in slightly above analyst estimates, despite complications from the grounding of the Boeing 737 Max. The Fort Worth,Texas-based carrier on Thursday posted net income of $414 million for the last three months of 2019, up
Workers assemble washing machines at the Whirlpool Corp. manufacturing facility in Clyde, Ohio, U.S. Luke Sharrett | Bloomberg | Getty Images Here are the most important things to know about Monday before you hit the door. 1. Whirlpool to report earnings Whirlpool is on deck to release its fourth-quarter earnings after the bell on Monday.
J.P. Morgan Chase CEO Jamie Dimon told CNBC on Wednesday that negative interest rates are one of the only things that concern him in a market that’s otherwise in a “Goldilocks place.” “The only thing I have trepidation about is negative interest rates, QE, and the diversion between stock prices and bond prices and yield
With more and more student loan borrowers falling behind, it’s clear many people need a way to make their monthly bills more manageable. Enter income-driven repayment plans, which some 8 million borrowers are enrolled in. In theory, the plans are simple: Borrowers’ bills are capped at a portion of their income. Some payments wind up
Two workers walk under the wing of a 737 Max aircraft at the Boeing factory in Renton, Washington, March 27, 2019. Lindsey Wasson | Reuters The head of the Federal Aviation Administration has told airlines that it could lift a flight ban on the Boeing 737 Max before midyear, ahead of the manufacturer’s new timeline
Ground operations employees load baggage onto a Southwest Airlines Boeing 737 aircraft on the tarmac at John Wayne Airport (SNA) in Santa Ana, California. Patrick T. Fallon | Bloomberg | Getty Images Southwest Airlines‘ fourth-quarter profit tumbled more than 21% after the grounding of the Boeing 737 Max drove up the Dallas-based carrier’s costs, it said
Traders work after the opening bell at the New York Stock Exchange (NYSE) on August 5, 2019 in New York City. JOHANNES EISELE / AFP / Getty Images With stocks coming off their first losing week of the year, investors will be looking for the Federal Reserve to soothe markets by reaffirming its position that
An Airbus narrow body plane Nicolas Economou | NurPhoto | Getty Images European planemaker Airbus is working with Nasdaq to develop a derivatives-based trading platform that will allow airlines to protect against swings in ticket prices. Just like airline companies use oil futures to hedge against the volatility in fuel costs, they will soon be able
You probably know you’re supposed to have money set aside for the unexpected. Now, a new online tool may help you figure out exactly how much you need. Created by the JPMorgan Chase Institute and based on its recent research about income volatility among U.S. households, the tool lets you sort by income and age