Economy - Finance > Right

JetBlue's founder is back with new low-cost airline Breeze. Here's his plan to reinvent the budget market

25 days ago   |   By Business Insider

Summary List Placement Considering that US airlines lost more than $35 billion in 2020 and experts say it will take at least two more years for the industry to fully recover, now doesn't seem like the ideal time to launch a new carrier.
Airline entrepreneur and JetBlue founder David Neeleman is doing it anyway.
Breeze Airways, Neeleman's newest project, promises a focus on cheap fares and direct flights. Tickets are now on sale, with the first flight scheduled for May 27 from Tampa to Charleston to Hartford. New routes will be added each week through the end of July, focusing on the east...
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A chief strategist who called the 2020 crash shares 5 indicators that show 'more than adequate evidence' of a stock market bubble - and warns an up to 60% crash is highly likely

A chief strategist who called the 2020 crash shares 5 indicators that show 'more than adequate evidence' of a stock market bubble - and warns an up to 60% crash is highly likely

25 days ago   |   By Business Insider

Summary List Placement Stocks have effectively gone sideways over the last month, with the S&P 500 down just 0.4% since April 21.
But that's unlikely to be the continued fate of stocks as the economic rebound that investors have been anticipating begins to play out, according to Lance Roberts, the chief investment strategist at RIA Advisors, a financial-planning firm with over $800 million under management.
Rather, stocks are overextended, and probably due for an eventual drop.
"During the last 120-years, overvaluation and extreme deviations NEVER got resolved by markets going sideways...
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Comments on May Housing Starts

Comments on May Housing Starts

Earlier: Housing Starts increased to 1.572 Million Annual Rate in May Total housing starts in May were below expectations, and starts in March and April were revised down... Read more ...

US stocks trade mixed as investors await inflation outlook from the Fed

US stocks trade mixed as investors await inflation outlook from the Fed

Summary List Placement US stocks were mixed Wednesday as investors paused before a key decision by the Federal Reserve coming later in the day. The Federal Open Market... Read more ...

Introhive raises $100M to automate customer relationship management

Introhive raises $100M to automate customer relationship management

Introhive, a company providing customer relationship management automation solutions, has raised $100 million in a growth equity round. Read more ...

Rod MacIver passed on Warren Buffett's Berkshire Hathaway at $97 a share...

Rod MacIver passed on Warren Buffett's Berkshire Hathaway at $97 a share. The money manager shares the key lessons he learned, and explains why Buffett's portfolio needs a major overhaul

Summary List Placement Rod MacIver passed up the chance to buy Berkshire Hathaway stock at $97 in 1982. A single "A" share of Warren Buffett's company trades at north of... Read more ...

This startup just raised $226 million to help make plant-based cheese gooey...

This startup just raised $226 million to help make plant-based cheese gooey. Its CEO reveals the big opportunity in developing alternative protein ingredients that taste like the real thing

Summary List Placement There's big money in tiny but vital food ingredients for alternative proteins. Boston-based Motif FoodWorks raised $226 million in a Series B funding... Read more ...

El Salvador's 'stupid' decision to adopt bitcoin as legal tender could...

El Salvador's 'stupid' decision to adopt bitcoin as legal tender could collapse the economy, economist Steve Hanke said

Summary List Placement El Salvador's move to classify bitcoin as legal currency has the potential to completely collapse its economy, Steve Hanke, professor of applied... Read more ...

Billionaire hedge fund manager Paul Tudor Jones says to 'go all in on the...

Billionaire hedge fund manager Paul Tudor Jones says to 'go all in on the inflation trades' if the Fed stays nonchalant about rising prices. Here are 3 trades from top investors, and 3 hedging strategies if the Fed delivers a surprise u-turn

Summary List Placement All eyes are on the Fed's meeting this week as one hotter-than-expected inflation reading after another keeps adding to the inflationary pressure... Read more ...

Wall Street firms are snapping up every single home they can find. Here are...

Wall Street firms are snapping up every single home they can find. Here are the 6 most important things to know about how their investment strategies can make life harder for regular homebuyers

Summary List Placement The competition to purchase a home right now is vicious . Prospective buyers have flocked to open houses and touched off bidding wars amid a dearth of... Read more ...

Stanley Druckenmiller and Dan Loeb's Third Point back $70 million funding...

Stanley Druckenmiller and Dan Loeb's Third Point back $70 million funding round for crypto asset manager Bitwise

Summary List Placement Stanley Druckenmiller and Dan Loeb's Third Point participated in a $70 million Series B fundraising round for Bitwise Asset Management, the company... Read more ...

Second Home Market: South Lake Tahoe in May

Second Home Market: South Lake Tahoe in May

Three months ago, from Jann Swanson at MortgageNewsDaily: Fannie Warns Lenders on Investment Properties and 2nd Homes. This action will result in higher interest rates on 2nd... Read more ...