BusinessKorean Air Bets Forty-Four Billion Dollars on Boeing and GE Engines: The Deal That Locks in Fleet Strategy Through 2035
Korean Air finalized a 4.8 billion agreement to acquire 103 Boeing aircraft and engine contracts, completing a procurement plan that locks in the airline's fleet strategy for the next decade.
FinanceThe Fed Just Hiked Rates and the Dow Dropped 600 Points: What Higher Borrowing Costs Mean for Your Wallet
The Federal Reserve raised rates for the first time since 2023, and markets immediately punished the decision. The Dow fell 600 points as investors realized higher borrowing costs are here to stay.