Southwest Airlines, long known for being an efficient low-cost carrier, is scrapping open-seating and offering premium seating. This comes after 2nd quarter profits nose-dived 46 percent, and activist investor Elliott Management called for the executives to resign. NTD spoke with aviation analyst Jay Ratcliff for his thoughts.

The U.S. national debt is about to hit $35 trillion. The gross interest on that debt is now massive. As a comparison, it’s 76 percent of personal income taxes collected in June. These are the latest numbers from the Federal Reserve. Southwest Airlines shares rose by more than 5 percent Thursday after it promised some […]

Tesla’s net income went down in the second quarter. CEO Elon Musk blamed rising competition, and said he didn’t see it as a long-term problem  

The nation’s housing slump deepened in June as sales of previously occupied homes slowed to their slowest pace since December, hampered by elevated mortgage rates and record-high prices. NTD spoke to real estate analyst Robert Helms to find out more.

Tesla stock plummeted a day after posting second quarter earnings. Car sales, its main business, were down 9 percent year-over-year, at $18.5 billion. Higher costs did not help; net income was down 45 percent, at $1.5 billion. CEO Elon Musk immediately addressed this in the earnings call. CrowdStrike says a “bug” caused the global tech […]

Geopolitical rivalries, including brewing trade battles between the United States and China, are now trumping inflation as the biggest worry for sovereign wealth funds and central banks managing some $22 trillion in assets, an Invesco survey published on Monday showed.

With wage gains failing to keep up with inflation, Americans are struggling. A new poll finds 39 percent of Americans can’t pay bills. The Federal Transit Administration will investigate Delta over flight delays caused by a global tech outage. Delta says it will cooperate with the investigation. A small Maine leather maker has been chosen […]

On Friday, the world experienced a tech outage that, by some estimates, affected over a billion computers worldwide. What can be done to prevent this, or something worse, from happening again in the future? NTD asked Carl Szabo, vice president and general counsel for Network Choice and professor of Internet Law at George Mason University. […]

Services from airlines to health care, shipping, and finance were coming back online on Friday after a global digital outage disrupted computer systems for hours, laying bare the vulnerability created by the world’s shift toward interconnected technologies following the COVID-19 pandemic. NTD speaks to Rex Lee, cybersecurity adviser at My Smart Privacy, to discuss the […]

Bud Light, formerly the top-selling beer in the United States, has had a tough year since a boycott upended the industry. And it’s only getting worse: The brand has now fallen into third place. Also brewed by Anheuser-Busch, Michelob Ultra has leapfrogged Bud Light to become the second-bestselling beer at grocery and convenience stores during […]

A recent report from Resi Club shows almost 70 percent of Florida home-builders found June slower than expected, causing concern. To get the latest on what exactly is happening in the Sunshine State, NTD spoke with Jeff Musgrave, owner of the Musgrave Group.

A worldwide tech outage ripples through critical infrastructure. One cybersecurity expert tells NTD over a billion computers have been hit. Price cuts are becoming much more common in the Florida housing market. Is it a sign of things to come for the rest of the country? Commercial real estate has become a headache for regional […]

A group of American solar manufacturers is calling on tougher rules for “Made in USA” tax credits as construction surges for U.S. solar-manufacturing plants owned by Chinese companies.

Former President Donald Trump’s pick for vice president, Sen. JD Vance (R-Ohio), says a second Trump term would mean aggressive actions to protect American manufacturers. Critics have called his policies protectionist and anti-globalist. But Zach Mottl, an American manufacturer and chairman of the Coalition for a Prosperous America, says these types of policies will mean […]

We unpack the economic policies of former President Donald Trump’s running mate—Sen. JD Vance (R-Ohio). Mr. Vance is a successful businessman and venture capitalist. He’s also pro-American worker and pro-union. Former President Trump implemented a somewhat unconventional Republican economic plan when he was in office, raising tariffs on foreign goods and creating incentives for American […]

Elon Musk has announced that he is moving the headquarters for two of his businesses from California. Aerospace company SpaceX and social media company X will be relocating to Texas. The founder said a new law in California spurred the decision. NTD spoke with site selection expert John Boyd about the move. He takes a […]

SpaceX will be taking off from California and not returning. Founder Elon Musk will be moving his headquarters for the aerospace company and his social media company X to Texas. Mr. Musk said his announcement was spurred by a new California law, which he called the “last straw.” Even the possibility of tension in Taiwan […]

China’s prolonged property market crisis continues to drag down economic growth. The economy grew at the slowest pace since 2023 and missed forecasts in the second quarter. This is on top of new home prices falling at the fastest pace in nine years. The sheer size of the challenge will make it difficult to recover […]

Goldman Sachs posted a massive 150-percent jump in second-quarter profits Monday, boosted by a resurgence of dealmaking and underwriting that has revived investment banking after the slowdown of recent years.

Elon Musk said on Tuesday he is moving the headquarters of two of his companies—social media platform X and rocket company SpaceX—to Texas from California, citing a new gender-identity law there as the “last straw.” With these moves, Mr. Musk will have relocated most of the businesses he controls to Texas. He transferred SpaceX’s incorporation […]