• JetBlue is jacking up its ticket prices as fuel costs soar

    21 days ago - By Business Insider

    JetBlue saw its fuel costs climb by 48% in the third quarter compared to last year.
    The airline still managed to turn a profit, but its stock has been sinking all year, down 27%.
    One Wall Street analyst says rising fuel costs could actually be good for airlines, as it forces them to focus on capacity.
    JetBlue 's fuel costs surged nearly 50% in the third-quarter compared to last year, the airline said Tuesday, eating a big chunk out of its bottom line.
    The New York-based airline's Aircraft fuel and related taxes rose to $515 million for the quarter ended September 30, 48.4% higher than the...
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  • Wall St. cuts losses as investors snap up shares

    Wall St. cuts losses as investors snap up shares

    21 days ago - By Reuters

    U.S. stocks cut their losses late on Tuesday and the Nasdaq briefly turned higher as investors bought back beaten-down shares, though worries about company earnings outlooks kept a lid on the market.
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  • Global stocks, oil prices stumble, investors eye bonds, gold

    21 days ago - By Reuters

    Wall Street indexes were down on Tuesday though they pulled back from the day's lows after investors fled to safety on worries about a global slowdown in growth while oil tumbled and pressure mounted on Saudi Arabia over the death of journalist Jamal Khashoggi.
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  • Wall Street sinks as weak forecasts add to dour mood; Nasdaq nears correction

    21 days ago - By Reuters

    Wall Street sank on Tuesday, continuing a punishing month for U.S. stocks, as dismal outlook from industrial bellwethers Caterpillar and 3M sparked concerns over corporate growth and added to worries ranging from China's slowdown to Saudi Arabia's diplomatic isolation.
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