American Airlines said it was planning to issue $5bn in bonds and seek a $2. 5bn term loan backed by its frequent flyer program to pay back a government loan and other debts.
The high likelihood that Democrats in the US Senate will get their $1. 9trn fiscal stimulus proposal through the US Congress has seen economists revise their forecasts for economic growth in 2021 sharply higher.
America's shortfall in trade with the rest of the world widened at the start of 2020, as import outgrowth continued to outpace overseas sales.
Stocks on Wall Street are being called to start lower amid investor jitters over the recent rise in Treasury yields, even as they wait on the latest monthly non-farm payrolls report.
Longer-term US government debt yields extended their recent rebound even after Federal Reserve chief, Jerome Powell, said he was monitoring their rise.
The number of Americans filing for initial unemployment claims edged higher unexpectedly last week, although some economists had expected worse.
US labor productivity fell by less than expected at the end of 2020, helping to douse labour cost growth.
The American jobs market may be primed for a full recovery, one of the country's most influential outplacement firms said.
Activity in the US services sector slowed last month amid a big decline in the rate of new orders, the results of a closely-followed survey showed.
Private sector employment in the States grew a tad less quickly than anticipated last month, the results of a closely-followed survey revealed.
German retail sales sank at the start of 2021 as the sector was clobbered by Covid-19 restrictions and a three percentage point hike in the country's value added tax.
Central bankers need to be ready for inflation to move in either direction, former Bank of England Governor, Mervyn King, said.
Consumer confidence in the US picked up a tad in late February, but middle-income families were not overly confident regarding the prospects for a quick rebound in the economy, findings from a key survey revealed.
Americans splashed out at the start of 2020 as government stimulus checks began arriving in their mailboxes.
The head of the US central bank said policy would remain "accommodative" until labor market slack had been absorbed, potentially pointing to an extended period of low interest rates.
One of the world's top credit rating agencies downgraded Royal Dutch Shell's long-term debt on the back of the expected challenges from the transition to sustainable technologies.
A top Bank of England official will make the case for moving to negative interest rates if necessary.
Homebuilders in the US broke ground on fewer homes than expected in January.
Import prices jumped past forecasts at the start of 2021, led by rising energy prices.
Manufacturing activity in the US mid-Atlantic region continued to grow at a brisk pace in February, the results of a closely-watched survey revealed.