

It is also seeing very strong demand in our core leisure and visiting friends and relatives (VFR) markets. JetBlue said it continues to experience robust travel demand trends, which strengthened into Presidents' Day weekend and beyond. (JBLU) said it has maintained its strong operational performance with a solid completion factor of over 98% quarter-to-date.


Yes, but: The banking sector isn't out of the woods. And there was some good news with February's inflation data: The price of food at home rose only 0.3% in the month, compared with January, marking its lowest monthly increase since April 2021.Regional bank stocks stopped plummeting, and even rebounded Tuesday, as investors showed tentative confidence in the sector's stability.government took steps to ensure the safety of deposits. The good news: Bank customers seem to have remained relatively calm despite talk of a social-media-fueled meltdown, as the U.S. Inflation is driving rate increases, which ravaged SVB, which briefly caused investors to panic-sell regional bank stocks on Monday, fearing that depositors were heading for the exits.The big picture: All of it is intertwined. And more interest rate increases may be on the way, though likely less than believed last week.Inflation is still undermining consumers.Why it matters: The sudden collapse of Silicon Valley Bank and New York's Signature Bank comes at a precarious time for the economy as it grapples with myriad challenges. These days the economy resembles a unicycling juggler - and it just got yet another ball to keep in the air.
