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Delta stock soars as it brings back profit outlook, pulling airlines up with it

Delta’s encouraging report boosted the entire airline sector. Delta surged 12%, United jumped 10.1%, American climbed 7.9% and JetBlue rose 4.8%.

Alex Veiga

The Dallas-based airline said that the job cuts would be focused almost entirely on “corporate overhead and leadership positions,” including...

The FTC and a group of attorneys general from 49 states and the District of Columbia announced the terms of separate settlements with Marriott on...

The FTC claims that Invitation Homes used “deceptive advertising and unfair practices” to charge millions of dollars in bogus fees.

“Mortgage rates fell again this week due to expectations of a Fed rate cut,” said Sam Khater, Freddie Mac’s chief economist.

As a result of the court's decision, the FTC won't be able to enforce its rule, which was set to go into effect on September 4.

“The decline in mortgage rates does increase prospective homebuyers’ purchasing power and should begin to pique their interest in making a...