Business and Finance

Southwest Airlines (LUV) 4Q 2025 earnings

A Southwest Airlines aircraft parks at Gate B33 while its tail sticks into the sunlight at Boston Logan International Airport in Boston, MA, on December 22, 2025. Austin DeSisto | Nurphoto | Getty Images Southwest Airlines on Wednesday forecast a surge in 2026 profits well above analysts’ expectations as the carrier overhauls its half-century-old business

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Fed rate decision January 2026: Holds key rate steady

The Federal Reserve on Wednesday voted to take a break from a recent run of interest rate cuts, as the central bank navigates questions about its independence and awaits a new leader. Meeting market expectations, the central bank’s Federal Open Market Committee voted to keep its key interest rate in a range between 3.5%-3.75%. The

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Microsoft (MSFT) Q2 earnings report 2026

Microsoft CEO Satya Nadella speaks at the World Economic Forum in Davos, Switzerland, on Jan. 20, 2026. Krisztian Bocsi | Bloomberg | Getty Images Microsoft is set to report fiscal second-quarter results after market close on Wednesday. Here’s what analysts polled by LSEG are expecting: Earnings per share: $3.97 adjusted Revenue: $80.27 billion The consensus

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Fed has not complied with subpoenas as Jerome Powell probe continues

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 The Federal Reserve has not yet complied with grand jury subpoenas issued as part of a criminal investigation of Fed Chair

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Allbirds becomes latest retailer to close brick-and-mortar stores

A woman walks past an Allbirds store in the Georgetown neighborhood of Washington, D.C., Feb. 16, 2021. Al Drago | Bloomberg | Getty Images Shoe brand Allbirds on Wednesday became the latest retailer to shift its focus from physical stores to online retail to increase profitability. The company announced that it will close its remaining

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JPMorgan Chase to match $1,000 contribution to ‘Trump accounts’

Jamie Dimon, chief executive officer of JPMorgan Chase & Co., speaks at the US Chamber of Commerce in Washington, Jan. 15, 2026. Luke Johnson | Bloomberg | Getty Images JPMorgan Chase and Bank of America said Wednesday in separate announcements that the firms will match the U.S. government’s one-time $1,000 contribution to children’s retirement savings

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Autonomous startup Waabi raises $750 million to expand into robotaxis

Waabi founder and CEO Raquel Urtasun Courtesy of Waabi Autonomous trucking startup Waabi has raised $750 million in a new round of venture funding to expand into the robotaxi market, the company announced Wednesday. Waabi’s series C round is led by Khosla Ventures and G2 Venture Partners, the startup announced Wednesday. The deal is one

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U.S.-India trade talks revamp as Trump sees other deals being done

FILE PHOTO: U.S. President Donald Trump meets with Indian Prime Minister Narendra Modi at the White House in Washington, D.C., U.S., February 13, 2025. Kevin Lamarque | Reuters A renewed push to conclude a U.S.-India trade deal may get underway, analysts say, as the White House sees other countries and power blocs working harder than

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