JFK Airport Struggles in the Wake of Winter Storm Grayson
Julian Kheel, Senior Writer at "The Points Guy," discusses the severe delays caused by "bomb cyclone" Grayson. Because of the JFK's infrastructure, it struggled to keep up with its flight schedule.
Kheel notes that one of the biggest issues at the international airport was the fact that all 6 of its terminals operate independently. When flights are backed up, planes can only go to their designated gate. He digs into the dysfunction of the New York Port Authority and how it could have prevented the mass delays caused after the storm.
The U.S. economy grew at an unexpectedly brisk 3.3% annual pace from October through December as Americans showed a continued willingness to spend freely despite high interest rates and frustrating price levels.
Alan Becker, CEO and Investment Adviser Representative at Retirement Solutions Group and RSG Investments, shares his thoughts on the latest GDP data plus why he's not sold cryptocurrency as a long-term asset.
The Biden administration wants to ban another type of bank “junk fee," targeting fees that are typically charged by banks when a transaction is declined in real time.
Al Root, senior writer at Barron’s, breaks down everything expected from Tesla’s earnings report, from Elon Musk’s demands from the board to why the market has been looking for affordable EV options.
Online retailer eBay Inc. will cut about 1,000 jobs, or an estimated 9% of its full-time workforce. The announcement follows similar moves by other tech companies that ramped up hiring during the pandemic while people spent more time and money online.
Tony Drake, CFP at Drake and Associates, LLC shares thoughts on whether the record gains in technology will broaden to other sectors, the risks of the Fed keeping interest rates higher for too long, and the health of the U.S. consumer.
