Are airliners so automated that pilots are becoming complacent? The New York Times reports.
Despite Monday's huge rally, investors are taking a somewhat skeptical view of Europe's $1 trillion bailout fund and looking for areas of safety, not risk.
Talk about choppy trading...transports led yesterday, UP 135 points, today they lead the decline, DOWN 135 POINTS! Techs were strong yesterday, leading decline today; consumer discretionary like retail and home builders all led the market up yesterday, all weak today. In other words, all the higher beta names are weak.
The Dow jumped 1.3 percent Monday, its biggest gain in over two months, after some positive U.S. economic reports and details of a European financial rescue package for Greece.
The government on Monday confirmed what many travelers might have already suspected: U.S. airlines made a lot more money in fees last year.
Stocks advanced on this first trading day of May after some positive economic reports and details of a European financial rescue package for Greece provided some measure of relief.
With the $3B merger between United and Continental announced, one has to wonder what is in store for US Airways.
Stocks opened higher Monday after Greece was offered a bailout package of more than $145 billion by the European Union and the IMF.
Police are continuing their investigation of a botched car-bombing attempt in New York’s Times Square on Saturday. Was a terror premium already built in or are markets discounting the event? John Brady of MF Global shared his market insights.
Is the U.S. decoupling again? U.S. stock opened higher, though Greece and Spain are both down about 1 percent on concerns that contagion has not been contained and there will be more bailouts.
US stock index futures were indicating a higher open for Wall Street Monday, after Greece was offered a bailout package of more than $145 billion by the European Union and the IMF.
Directors at Continental and United Airlines have approved a deal that would combine them into the world's largest airline, a source with knowledge of the situation said on Sunday.
Stocks shed 1.4 percent Friday, . Goldman Sachs tumbled on reports of a federal probe, prompting investors to unload bank shares. The Dow was down more than 130 points, or 1.2 percent, with 10 minutes to go on the clock.
Advocating the old Wall Street saying, "sell in May and then go away," a European analyst said there are "dark clouds ahead" in the markets.
Stocks continued to fall in the final hour as Goldman Sachs tumbled on reports of a federal probe, prompting investors to unload bank shares.
Stocks were lower in midday trading amid disappointing economic news, with financials and technology leading the way.
Stock index futures rose Friday as fears of a default in Greece subsided after officials said a rescue plan could be unveiled as early as Friday night or during the weekend.
The Dow erased nearly all of its gains Monday, dragged down by the financial sector amid worries about financial reform. Caterpillar led the Dow's gainers, up more than 4 percent.
The Dow remained higher in mid-afternoon Monday amid a flurry of new M&A activity and an earnings beat from Caterpillar. But there was some weakness in the energy, banking and health-care sectors, which dragged on the S&P and Nasdaq.
Stocks continued their winning streak Monday after Caterpillar beat earnings expectations and raised its outlook.