American Airlines in talks to pick Citigroup over rival bank Barclays for crucial credit card deal, sources say

An American Airlines’ Embraer E175LR (front), an American Airlines’ Boeing 737 (C) and an American Airlines’ Boeing 737 are seen parked at LaGuardia Airport in Queens, New York on May 24, 2024. Charly Triballeau | AFP | Getty ImagesAmerican...

Huawei’s trifold phone is proving popular among Apple iPhone fans in Beijing

Pictured here is an Apple flagship store in Beijing, China, on the day of the iPhone 16 launch on Sept. 20, 2024.Bloomberg | Bloomberg | Getty ImagesBEIJING — Many of Apple’s affluent iPhone users in China are just as interested in Huawei’s pricier trifold...

Stocks making the biggest moves after hours: Nike, FedEx, Lennar and more

Check out the companies making headlines in extended trading: Nike — Shares soared 10%. The sneaker company announced that CEO John Donahoe would step down from the role on Oct. 13. Nike veteran Elliott Hill, who had been at the company for 32 years before retiring in...

Ray Dalio says the Fed has a tough balancing act as the economy faces ‘enormous amount of debt’

Ray Dalio, Bridgewater Associates co-chairman and co-chief investment officer, speaks during the Skybridge Capital SALT New York 2021 conference.Brendan McDermid | ReutersAs the U.S. Federal Reserve implemented its first interest rate cut since the early Covid-19...

Stocks making the biggest moves midday: Tesla, Mobileye Global, Darden Restaurants and more

Check out the companies making headlines in midday trading: Tech stocks — Key tech names rallied a day after the Federal Reserve’s supersized rate cut decision. Tesla and Meta jumped around 7% and 4%, respectively, while chip darlings Nvidia and ASML each...