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02.05.26 - 14:15
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Spirit Airlines pulls plug on flights, moves toward closure (The Hill)
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Spirit Airlines announced early Saturday that it will immediately shut down operations after failing to reach a deal for a government bailout, citing rising oil prices as a major factor. The airline's parent company Spirit Aviation Holdings started "an orderly wind-down of operations" and cancellation of all flights, urging travelers who purchased tickets through Spirit......
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02.05.26 - 14:12
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What Kevin Warsh Means for the Future of the Fed (Bloomberg)
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The Federal Reserve held its latest policy meeting this week with inflation still elevated, the war in Iran still rattling energy markets, and a new Chair waiting to be confirmed by the Senate. Former economic adviser to President Bush and Columbia Business School dean Glenn Hubbard breaks down what the Fed's decision signals about the economy and what Kevin Warsh's incoming leadership could mean for the institution's purpose, strategy, and independence. (Source: Bloomberg)...
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02.05.26 - 14:12
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UFO ETF Faces a Critical Test: Can Pre-Profit Space Stocks Deliver on $1.85B Backlog (24/7 Wall St.)
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The Procure Space ETF (NYSEARCA:UFO) was built to give investors a single ticket to a fragmented industry: rocket builders, satellite operators, ground-segment vendors, and direct-to-device communications upstarts that rarely fit cleanly into a sector ETF. The prospectus is direct about the design, requiring at least 80% of index weight in companies that derive a majority ... UFO ETF Faces a Critical Test: Can Pre-Profit Space Stocks Deliver on $1.85B Backlog...
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