Blackstone Executive Vice Chairman Tony James says he's less optimistic now than before that the U.S.-China trade war could be resolved, but even a smaller deal could help...World Economyread more
The massive market transformation this month that some on Wall Street called a "once in a decade opportunity" might have just been a one-off technical move because of taxes.Marketsread more
The Pentagon will deploy U.S. forces to the Middle East on the heels of the attack on Saudi Arabian oil facilities, United States Secretary of Defense Mark Esper announced...Defenseread more
CNBC did a deep dive through the most recent Wall Street research to find stocks that analysts say are underappreciated.Marketsread more
Shares of MasterCard are up 46% this year, and 1120% since 2011, getting a boost from the strong U.S. consumer.Investingread more
CNBC sat in on an "empathy training" at Amazon PillPack's Somerville offices, which is part of new hire orientation.Technologyread more
Trade with China is the 'big unknown' for the Federal Reserve as it decides how best to support the U.S. economy, says Council on Foreign Relations Director of International...Futures Nowread more
Lobbying experts said the visit is likely an attempt to be in lawmakers' ears as they consider legislation that would impact Facebook.Technologyread more
Yardeni Research's Edward Yardeni believes the U.S. economy is picking up steam.Trading Nationread more
Iran's audacious drone and cruise missile attack on Saudi Arabia's oil producing facilities has provided a critical test yet for the Trump administration's foreign policy. A...Politicsread more
Many travelers aren't packing light, a habit that's a boon to airlines.
Travelers paid U.S. commercial carriers a record $4.57 billion last year in checked bag fees, according to a U.S. Department of Transportation report released Monday.
It's an eye-popping figure, but the pace of growth from 2016 to 2017 — 6 percent — is less than half of that from 2015 to 2016. While some passengers may have decided to wear a dress or shirt more than once on a vacation to avoid packing too much, or are using some co-branded credit cards to get a free checked bag, travelers may still find on some trips they'll have to pay up to check their suitcases.
Airlines are changing their long-standing polices on free checked bags on international routes. This year, Delta Air Lines and American Airlines are starting to charge for a checked bag on flights to Europe for passengers traveling in basic economy, generally the cheapest fares on board that come with few frills, like complimentary seat selection.
Unlike domestic basic economy tickets, American Airlines said it will allow basic economy passengers traveling to Europe to use overhead bins on board.
Delta and American will each charge $60 for the first checked bag and $100 for the second on trans-Atlantic routes. Passengers may instead opt to buy the more expensive economy-class ticket that comes with a free checked bag, which is what airlines want travelers to do anyway.