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U.S. Federal Reserve Chair Jerome Powell testifies before a House Financial Services Committee hearing on “The Semiannual Monetary Policy Report to the Congress,” on Capitol Hill in Washington, D.C., U.S., June 24, 2025. Kevin Lamarque | Reuters As the Trump administration escalates its criticisms of the Federal Reserve and Chairman Jerome Powell, the central bank is quietly pushing back with a …

Delta Moves To Unbundle Business Class, Tests “Basic” Premium Cabin Fares  Live and Let’s Fly Delta Says Domestic Main Cabin Seats Will Soon Be Harder to Score  Investopedia Business class+? Delta says segmentation is coming to high-end cabins  CNBC Delta’s premium play is taking advantage of the growing economic split  Yahoo Finance Delta is looking into new ultra-luxury business class cabins  The Independent Source link

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A TUI flight from Cancun to London was grounded for hours after two passengers smoked in the bathroom. Photo is representational. Getty Images A London-bound flight from Cancun turned into a 17-hour travel nightmare after two passengers allegedly smoked in the airplane bathroom, forcing the pilot to divert to the US. Terry Lawrance, 66, who was on the TUI flight …

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Kraft Heinz may be headed for a breakup. The packaged food conglomerate is planning to spin off a large chunk of its grocery business, the Wall Street Journal reported Friday, effectively undoing a 2015 merger that’s now widely regarded as a strategic blunder. Anonymous sources told the newspaper the new entity would take many Kraft products with it and could …

Key Takeaways The federal government collected $26.6 billion in tariff revenue in June, rising again as President Donald Trump’s tariffs policy began to take hold. Spending decreased by $187 billion in June, resulting in a budget surplus of about $27 billion for the month. The federal government’s total debt is around $36 trillion. It paid $84 billion in interest payments …

Jeff Bezos could be signaling a style shift now that he’s a married man. The Amazon founder, who has embraced a bald look since 2013, appeared with noticeably more hair during an outing on July 10. While attending the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, Bezos was seen with fuller gray hair around the sides …

A prominent Georgia Republican was running a Ponzi scheme that defrauded 300 investors of at least $140m, federal officials alleged in a complaint filed on Thursday. The civil lawsuit by the US Securities and Exchange Commission (SEC) said First Liberty Building and Loan, controlled by Brant Frost IV, lied to investors about its business of making high-interest loans to companies. …

The midstream sector is benefiting from increased natural gas demand. There are several strong stocks in the space with yields between 4% and 10%. Not only do these stocks have high yields, but their distributions are also well covered and rising. 10 stocks we like better than Energy Transfer › Midstream operators aren’t flashy, but they crank out dependable cash …