CNBC

The U.S. economy might be ok, or not. Either way, United Airlines says it's going to make money this year. The carrier took the unusual step of sticking with its original 2025 earnings outlook but offering a 2nd what-if forecast should the U.S. slip into a recession. "The Company’s outlook is dependent on the macro environment which the Company believes is impossible to predict this year with any degree of confidence." Like rival Delta, United is trimming its domestic capacity, cutting 4% out starting next quarter, with international and premium continue to hum along with domestic bookings in coach waning. Where do we go from here? https://lnkd.in/ekqe7X3Z

Design software maker Figma said on Tuesday that it has submitted paperwork to the SEC for an IPO. The confidential filing lands 16 months after the company scrapped a deal to be acquired by Adobe for $20 billion due to regulatory pressure in the U.K. The San Francisco startup had originally agreed to the deal 2022. Adobe paid Figma a $1 billion termination fee. Figma's software is popular among designers inside companies who need to collaborate on prototypes for websites and apps. The company was valued at $12.5 billion in a 2024 tender offer.

With tariffs creating economic uncertainty, many Americans are rethinking their emergency savings — and whether to keep some physical cash at home. Not every financial planner thinks physical cash is essential, but some say it’s wise to keep a small amount on hand in case of power outages, natural disasters or payment disruptions. Here's how much cash experts recommend keeping at home: cnb.cx/3G5esVk

United warns that a recession could drive down its adjusted annual earnings to $7 to $9 a share from its currently projected $11.50 to $13.50. The airline is also planning to cut flights starting this summer to match disappointing domestic travel demand while bookings for pricier, international trips remain strong. Full details: cnb.cx/3RP1tth

Vietnam is the 6th largest source of U.S. imports. If the U.S. government’s reciprocal tariffs reach levels suggested in April, it could change the country’s economic trajectory. A portion of Vietnam’s rising exports to the U.S. may be Chinese products that were rerouted to evade higher tariff rates. Find the full report: cnb.cx/4cyq7rH

Former NEC Director Gary Cohn on Tuesday said he's "concerned" about the dollar and U.S. Treasurys. Watch the full interview: cnb.cx/3RO8JFJ

Sometimes, it pays to pay with cash. More merchants are offering a lower price to customers who use cash rather than credit card for a purchase. That means opting for paper over plastic may save you money in some cases. Here's what you need to know: cnb.cx/3RfPwwC

American Airlines plans to offer Wi-Fi for free starting in January as more carriers opt for complimentary internet service for their loyalty program members, increasing pressure on holdouts. The free Wi-Fi will be sponsored by AT&T and is available for members of American Airlines’ AAdvantage loyalty program, the airline said Tuesday. More details: cnb.cx/4lxQUZk

Megan Moritz bought her dream house in 2019. However, the 1,400-square-foot home, in the Arlington Heights suburb northwest of Chicago, was built in the 1930s and lacked insulation — leading to heating bills that were "very high," said Moritz, 48. The first-time homeowner opted to pay about $5,700 for a series of projects last year to make her home more energy-efficient. She added insulation to the walls, and sealed gaps in ductwork connected to her furnace to prevent air leaks.

Former NEC Director Gary Cohn on Tuesday said that the probability of a recession is "higher than it has been for a long period of time." Watch the full interview: cnb.cx/3RO8JFJ