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Spirit Airlines May 03: Budget Carrier Faces Historic Shutdown Crisis
Spirit Airlines cancels all flights May 3 due to fuel price surge from US-Iran conflict. Budget carrier faces shutdown with 17,000 jobs at risk.
Spirit Airlines May 02: Historic Shutdown Ends Budget Carrier Era
Spirit Airlines shuts down May 2, 2026. First major US carrier collapse in 25 years. Fuel costs, Iran war, and failed bailout end budget airline era.
RBA Rate Hike May 03: Stagflation Fears Push Aussie Economy to Edge
RBA interest rate hike expected May 6 amid 4.6% inflation. Homeowners brace for higher mortgage costs as Australia faces economic uncertainty.
Diesel Price May 02: Crude Oil Surge Pushes Fuel Costs Higher
Diesel prices rise on May 02 as crude oil hits $126/barrel. OMCs demand hike amid Gulf tensions. Check current rates and impact on fuel costs.
Russian Oil Arrives in Japan May 02: Sanctions Bypass Reshapes Energy
Russian oil from Sakhalin 2 arrives in Japan, bypassing Hormuz tensions. Japan diversifies energy suppliers amid Middle East instability.
Ed Miliband Chancellor May 02: Labour Pressure Mounts on Starmer
Ed Miliband discussed as Labour replacement for Starmer after 14 MPs vote to refer PM to Privileges Committee over Mandelson appointment.
Gas Prices Calgary May 02: Canadians Face $1,600 Annual Pump Surge
Gas prices in Calgary are climbing toward record highs in May 2026 due to refinery outages. Canadians could pay $1,600 more annually on fuel.
Oil Prices May 02: Strait Crisis Pushes Barrel Toward $150
Oil prices surge May 02 as Strait of Hormuz blockade deepens Middle East crisis. Crude heads toward $150/barrel amid Iran tensions and supply fears.
AEP Stock May 02: Dividend Hike Signals Strong Utility Outlook
AEP declares $0.95 quarterly dividend on May 2, 2026, extending its 116-year dividend streak. Utility sector strength continues.