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Economic Fear Pummels Stocks Closely Tied to Americans' Spending [Yahoo! Finance]
Last american airlines group, inc. earnings: 4/30 07:30 am
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Most Read from Bloomberg Trump DEI Purge Hits Affordable Housing Groups Electric Construction Equipment Promises a Quiet Revolution NYC Congestion Pricing Toll Gains Support Among City Residents Open Philanthropy Launches $120 Million Fund To Support YIMBY Reforms Prospect Medical's Pennsylvania Hospitals at Risk of Closure From retailers to airlines to restaurant operators, corporations that count on discretionary spending are having an increasingly difficult time, which is weighing on their bottom lines. Investors are reacting, sending the S&P 500 Consumer Discretionary Index down for a fourth straight week. The sector is down 15% in the past month, almost double the decline in the broader S&P 500 Index. A slew of disappointing earnings forecasts from retailers sparked the recent rout, and outlook cuts by the biggest US airlines earlier this week accelerated the selloff. Consumer companies have been contending with budget-conscious Americans pressured by years of elev
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- At least 1 dead, 1 injured after helicopters crash in New Jersey [USA TODAY][USA TODAY]
- XRP Crashes 48% From July High: Did Ripple Spend $2.7B In Vain In 2025? [Yahoo! Finance][Yahoo! Finance]
- American Airlines announces significant changes to operations at DFW Airport to "improve passenger experience" [CBS News][CBS News]
- 'Misery Map' shows holiday travel chaos on both coasts with canceled and delayed flights [Business Insider][Business Insider]
- Holiday travel rush not slowing down after Christmas [CBS News][CBS News]
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AAL
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