Business

Business

United Airlines pilots union moves closer to strike

Frontier Airlines CEO Barry Biffle says his company could ‘sidestep’ a possible recession as the demand for flights is ‘extremely robust’ with work from home and more flexibility post-pandemic. United Airlines pilots are set to vote on holding a strike as negotiations for better pay and working conditions have moved …

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Lululemon Athletica boosts outlook sending shares higher

Check out what’s clicking on FoxBusiness.com Lululemon Athletica raised its forecast for annual sales and profit on the strength of sales for its pricey activewear. Shares gained more than 11% on Friday. Contributing to better-than-expected quarterly results were an easing of air freight costs and tighter inventory control as well …

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Job growth keeps Fed’s eye on future interest rate hikes

The labor market has held strong, despite multiple interest rate hikes. (iStock) The economy added 339,000 jobs in May, an increase from last month’s spike of 253,000, according to the latest jobs data by the Bureau of Labor Statistics (BLS). This growth was driven by professional and business services, government, …

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