Inflation and recession fears are squeezing some industries more than others

Inflation and recession fears are squeezing some industries more than others

A woman pushes a shopping cart through the grocery aisle at Target in Annapolis, Maryland, on May 16, 2022, as Americans brace for summer sticker shock as inflation continues to grow. jim watson | AFP | Getty Images People still appear willing to shell out to travel, go to the movies and have a drink … Read more

Airline stocks tumble as economic concerns overshadow travel surge

Airline stocks tumble as economic concerns overshadow travel surge

An American Eagle aircraft taxis as a Southwest Airlines aircraft lands at Reagan National Airport in Arlington, Virginia, January 24, 2022. Joshua Roberts | Reuters Packed planes. Sky-high airfare. An end to Covid testing for international arrivals. So much is going in airlines’ favor these days — except their share prices. The sector’s latest drop … Read more

SpaceX fires employees after internal letter criticizes CEO Elon Musk

SpaceX fires employees after internal letter criticizes CEO Elon Musk

SpaceX CEO Elon Musk participates in a postlaunch news conference inside the Press Site auditorium at NASA’s Kennedy Space Center in Florida on May 30, 2020, following the launch of the agency’s SpaceX Demo-2 mission to the International Space Station. NASA/Kim Shiflett SpaceX has fired at least five employees who were involved with circulating a … Read more