Article
Spirit Airlines Prepares To Shutter Operations As Trump Rescue Deal Falls Apart
Spirit Airlines Prepares To Shutter Operations As Trump Rescue Deal Falls Apart
The Wall Street Journal reports that bankrupt Spirit Airlines is preparing to wind down operations after failing to secure a $500 million lifeline from the Trump administration.
WSJ reports:
The ailing budget airline had been hoping to finalize a $500 million lifeline from the government before running out of cash. The discount carrier hasn't been able to get sufficient support between certain bondholders and the government to secure the funding to keep it in business, people familiar with the matter...
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Jul 3, 2026 / Tyler Durden
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By Bas van Geffen, Senior Macro Strategist at Rabobank
It was a reassuring week for those who are concerned about central bank independence. At the ECB’s annual conference in Sintra, moderator Sarah Eisen channeled a bit of her inner Beyoncé, asking a panel of central bank heads “To all you [bankers], who are independent, throw your hands up at me.” All four policymakers, including Fed Chairman Warsh, confirmed the importance of central bank independence: “The Fed acted independently before the Supreme Court ruling, and the Fed will continue to...
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Jul 2, 2026 / Tyler Durden
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Readers have been well ahead of both the federal government and the mainstream news cycle in asking whether there is a "Cuba connection" behind the radicalization of the Democratic Party and its aligned billionaire-funded nonprofit universe.
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Even...
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Aug 19, 2026 / Tyler Durden
Trump Pauses 50% Canada Tariffs At 11th Hour, Declares "We Have A Deal"




