Spirit Airlines could be in trouble as Iran war spikes fuel prices – CBS News Watch CBS News Sources tell CBS News that Spirit Airlines’ creditors are concerned about the company’s ability to stay afloat amid rising jet fuel prices due to the Iran war. CBS News’ Kris Van Cleave reports. Source link
Washington — As fallout from the war with Iran keeps fuel prices high, few states are making moves to suspend their gas and diesel taxes. Tax policy experts say suspending the state and federal motor fuel taxes wouldn’t be as effective in lowering prices at the pump as one might think, and could come at … Read more
Hedge fund manager Stephen Mandel and his wife Susan are a billionaire power couple that has a history of springing into action come election season. Before the 2024 presidential contest, they hosted Joe Biden for a private fundraising dinner in Greenwich, Connecticut. Kamala Harris, Hillary Clinton, and John Kerry are other beneficiaries of the $84 … Read more
White House anti-fraud task force flags $6.3 billion in potential government fraud White House Anti-Fraud Task Force Vice Chair Andrew Ferguson discusses the task force’s discovery of $6.3 billion in potential fraudulent government contracts, criticizing Democrat governors for allowing widespread fraud and even facilitating it for decades. Ferguson reveals examples of lavish spending by alleged … Read more
Irish government survives confidence vote over how it handled disruptive fuel protests Source link
Iranian parliament speaker Mohammad Bagher Qalibaf said Americans would soon be “nostalgic for $4-$5 gas” after President Trump announced a blockade of the Strait of Hormuz on Sunday. Taurean Small reports on the pain at the pump currently being felt across the United States. Source link
Southwest Airlines is raising checked baggage fees by $10, less than a year after ending its “bags fly free” perk that long set it apart, as jet fuel costs have jumped since the start of the Iran war. Customers checking one bag will pay $45 starting on Thursday, while a second will now cost $55, … Read more
Delta Air Lines is hiking its bag-check fees, the latest U.S. carrier to increase the charge to fly hands-free as jet fuel costs rise due to the Iran war. Delta cited “evolving global conditions and industry dynamics” in announcing the change, which takes effect Wednesday. Fees for travelers’ first and second checked bags will rise … Read more
The new vehicles on display at this year’s New York International Auto Show have arrived just as gas prices are accelerating to new highs. Bradley Blackburn talked to carmakers at the convention about how those high fuel costs could change what people buy. Source link
NEWYou can now listen to Fox News articles! Reps. Pramila Jayapal, D-Wash., and Jonathan Jackson, D-Ill., said after a congressional delegation returned from Cuba that U.S. economic restrictions on the island represented an “illegal U.S. blockade of fuel” and “effectively an economic bombing of the infrastructure of the country.” The lawmakers, following their five-day delegation … Read more