
Spirit Airlines shuts down after Trump’s war on Iran doubled jet fuel prices
Spirit Airlines planes are parked on the tarmac at the Fort Lauderdale-Hollywood International Airport on May 02, 2026 in Fort Lauderdale, Florida. | Getty Imag
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Spirit Airlines planes are parked on the tarmac at the Fort Lauderdale-Hollywood International Airport on May 02, 2026 in Fort Lauderdale, Florida. | Getty Imag
Two months after the Iran war began, the Strait of Hormuz remains severely restricted for tanker traffic while U.S. President Donald Trump faces a key legal dea
The conflict is now in its tenth week with no prospect of an immediate end as energy prices soar
Thousands have quit or been fired since Trump returned to office with an agenda focused on immigrants and enemies
The US president’s actions have inadvertently raised the appeal of renewable energy
How much Donald Trump can do with the time he has left as president will depend massively on the cost of living.
Donald Trump may have already delivered the fatal blow to the bull market he helped inspire.
Oil prices head for a weekly close below $110 after wild swings, as Iran’s negotiation proposal cools markets while uncertainty over Trump’s war-powers deadline
Spirit Airlines could shut down as soon as tomorrow, a source says, as talks with the Trump administration about a bailout fail to reach a deal
Trump said US would only proceed with rescue for bankrupt budget carrier ‘if it’s a good deal’
Donald Trump retaliates against Friedrich Merz over chancellor’s criticism of US-Israeli war effort
The low-fare airline, which has struggled for years, had been trying to secure a $500 million lifeline from the Trump administration.
The administration’s decision to relax federal regulations on medical marijuana comes with big tax breaks for many cannabis companies, and could drive new inves
The current level of tariffs charged on goods entering the US from the EU is 15%, under a deal negotiated last July.
The airline had been in talks with the Trump administration about a $500m bailout.

Trump says US Navy acting ’like pirates’ to carry out naval blockade of Iranian ports
Trump's executive order created a new way for Americans to save for retirement and called on Congress to expand the parameters of the deal.
Trump said there "is tremendous discord" among Iran's leaders, which has complicated efforts to end the war that the United States began in late February.
The Supreme Court struck down Trump's "reciprocal" tariffs earlier this year, and Europe warned that its trade deal with Washington could be in jeopardy.
One decision by President Trump may prove disastrous for Wall Street.