Deira Trading Company

American Airlines (AAL) 1Q 2025 earnings

American Airlines withdrew its 2025 financial guidance on Thursday, joining other carriers that are grappling with an uncertain outlook for the U.S. economy and weaker-than-expected leisure travel bookings this year. “We came off a strong fourth quarter, saw decent business in January and really domestic leisure travel fell off considerably as we went into the […]

More Americans buy groceries with buy now, pay later loans

People shop for produce at a Walmart in Rosemead, California, on April 11, 2025.  Frederic J. Brown | Afp | Getty Images A growing number of Americans are using buy now, pay later loans to buy groceries, and more people are paying those bills late, according to new Lending Tree data released Friday.  The figures […]

Plane tickets are getting cheaper as domestic travel demand weakens

Is a recession brewing in row 33? Airline CEOs this month warned Wall Street that passengers’ appetite for domestic trips is coming in lighter than they had hoped when they set forecasts high at the start of 2025. On a series of earnings calls, they said the reasons range from President Donald Trump’s whipsawing tariff […]

Private jet demand declines as tariffs spook would-be buyers

A Cessna Citation jet aircraft is viewed at Charles M. Schulz Sonoma County Airport in this aerial photo taken on June 1, 2021, near Healdsburg, California. George Rose | Getty Images With consumer confidence tumbling, demand for commercial air travel has waned. Even deep-pocketed travelers are pulling back, according to Barclays’ latest survey of business […]

Car purchases rise, consumer spending slows

In an aerial view, Ford Broncos are seen for sale on a lot at a dealership on April 18, 2025 in Austin, Texas. Brandon Bell | Getty Images At car dealerships across the country, consumers are rushing to buy new vehicles ahead of tariff-related price hikes. Some shoppers have also replaced iPhones early. Yet when […]

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