SpiceJet rose sharply as massive IndiGo flight disruptions boosted sentiment for the stock. IndiGo’s operational troubles, driven by crew shortages and new duty-hour rules, triggered over 400 cancellations, weighing on InterGlobe Aviation shares and shifting momentum across aviation-linked stocks.
Chicago Fed President Goolsbee rejects calls for Fed rate cuts to ease US debt burden
Chicago Fed President Austan Goolsbee rejected calls for interest-rate cuts to ease the US government’s debt burden, warning that such a move could fuel inflation