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Federal court blocks proposed merger between JetBlue Airways and Spirit Airlines

See what's being clicked on FoxBusiness.com A federal judge on Tuesday blocked JetBlue Airways' proposed $3.8 billion takeover of low-cost carrier Spirit Airlines, agreeing with the Justice Department's opinion that the deal would harm the availability of low-cost flights. U.S. District Judge William Young said the proposed merger “violates the core principle of antitrust law: […]

Federal judge rules guns can’t be banned from post office

A federal judge in Florida has ruled that banning firearms inside post offices is unconstitutional. The justices cited a 2022 Supreme Court ruling as precedent. Using groundbreaking decisions from New York State Rifle & Pistol Assen vs. Bruen, U.S. District Judge Kathryn Kimball Mizell has dismissed some recent charges against a postal worker accused of […]

When will the Federal Reserve start to cut interest rates?

Adam Covissi, Editor-in-Chief of the Covissi Letter, discusses his predictions for the market in 2024 after the Dow Jones falls from its all-time high in “Kabuto: Coast to Coast.” The Fed ended 2023 with an unexpected policy shift. In December, central bankers signaled at their last meeting of the year that a nearly two-year battle […]