logo
Ryanair boss considers increasing staff bonus to tackle excess baggage ‘scourge'

Ryanair boss considers increasing staff bonus to tackle excess baggage ‘scourge'

Yahoo3 days ago
Ryanair is considering increasing a bonus paid to staff for identifying passengers' oversized luggage, its chief executive said.
The airline currently pays staff around 1.50 euros (£1.30) for intercepting customers who are bringing bags on to the aircraft.
It is reported that the bonus is capped at about 80 euros (£70) for each staff member per month.
Passengers are charged a fee of up to 75 euros (£65) for bringing luggage that is larger than they paid for while booking their journey.
Ryanair currently includes a small carry-on bag – capped at a size of 40x20x25cm and weight of 10kg – with every ticket.
Passengers must pay a fee if they want to bring larger luggage, or if they want to bring multiple bags.
Ryanair boss Michael O'Leary said on Monday that summer fares would, on average, be the same rate as 2023 – but added that he expects a boost in profitability for the airline by 'controlling costs'.
Members of the European Parliament are pushing for airlines to allow passengers to be allowed to bring on free an on-board personal item and small hand luggage.
However, Mr O'Leary predicted the proposal will not come into law due to a lack of space.
Speaking to the business news on RTE's Morning Ireland, he said: 'We're flying largely full flights, about half the passengers can bring two bags and the other half can only bring one – because that's all that fits in the plane.
'We're already struggling with that amount of baggage.
'That's one of the reasons we are so aggressive about eliminating the scourge of passengers with excess baggage.'
Mr O'Leary said more than 99.9% of passengers comply with baggage rules, with 'sizers' located within the airport.
He said: 'We are happy to incentivise our (staff) with a share of those excess baggage fees, which we think will decline over the coming year or two.'
The chief executive added: 'It is about 1.50 euro per bag – and we're thinking of increasing it, so we eliminate it.'
Meanwhile, Mr O'Leary predicted that US President Donald Trump will 'chicken out' of introducing increased tariffs for Europe on August 1.
Asked if he anticipated tariffs applying to Boeing aircraft being delivered to the airline, he said: 'Trump will probably chicken out again, I suspect the August 1 will get moved to September or October.
'We have taken delivery of five aircraft in the first quarter but no tariffs applied to those aircraft
'There is a risk of tariffs being introduced by the Europeans or the Americans in some tit-for-tat in August, September or October – but Boeing will have to pay those tariffs.'
Mr O'Leary said Ryanair would work with Boeing to ensure no tariffs are applied to commercial aircraft, which he said would be bad for the manufacturer's exports to Europe as well as Airbus's sales to the US – as well as the Irish aircraft leasing industry.
He added: 'There's increasing optimism, though, in Washington that commercial aircraft will be exempt from any tariffs – if Trump ever gets around to actually imposing tariffs.'
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Stock market today: Dow, S&P 500, Nasdaq trade mixed as Wall Street weighs Google, Tesla earnings
Stock market today: Dow, S&P 500, Nasdaq trade mixed as Wall Street weighs Google, Tesla earnings

Yahoo

time21 minutes ago

  • Yahoo

Stock market today: Dow, S&P 500, Nasdaq trade mixed as Wall Street weighs Google, Tesla earnings

US stocks traded mixed on Thursday, as hopes for a US-EU trade deal kept fresh records in sight and Wall Street assessed earnings from tech giants Alphabet (GOOG) and Tesla (TSLA). The Dow Jones Industrial Average (^DJI) dropped 0.3%, paring earlier losses amid a post-earnings slide in IBM (IBM) shares, after the blue-chip index ended Wednesday just shy of its first record close this year. Meanwhile, the tech-heavy Nasdaq Composite (^IXIC) and the S&P 500 (^GSPC) climbed 0.3% after reaching all-time closing highs. Alphabet beat Wall Street's second quarter earnings expectations and doubled down on its AI spending spree. The Google parent's shares rose alongside other AI-linked stocks such as Nvidia (NVDA), helping buoy the tech-focused gauges. Read more: Full earnings coverage in our live blog But fellow "Magnificent Seven" stalwart Tesla's stock sank after an earnings miss, a continued slump in European sales, and a warning from CEO Elon Musk that the EV maker faced "rough quarters" as President Trump's budget bill kills off tax credits. Trade deal hopes continued to run high after the US-Japan pact helped fuel more records for the S&P 500 and Nasdaq Composite on Wednesday. The EU and US are closing in on an agreement that would impose a 15% tariff for most imports from Europe, instead of the 30% threatened, media reports said. Read more: The latest on Trump's tariffs That rate is emerging as a potential new baseline for the "reciprocal" tariffs set to kick in on Aug. 1, going by Trump's comments late Wednesday. Previously, the president had imposed a 10% baseline rate on countries as part of his sweeping April tariffs. Meanwhile, Trump and the White House have taken their battle over interest rates with Fed Chair Jerome Powell to a new level. In an unusual presidential move, the president is slated to visit the Federal Reserve's headquarters at 4:00 p.m. ET today following weeks of mounting criticism over its $2.5 billion renovation. It sounds like Trump now has a new minimum tariff rate: 15% Yahoo Finance's Ben Werschkul reports: Read more here. Stock watch: TKO Group + Netflix on Hulk Hogan news Reports have surfaced this afternoon that iconic wrestler Hulk Hogan has died at the age of 71. TMZ and The NY Post both reported the news. I would keep a close eye on TKO Group Holdings (TKO) on this one. The company is the holding company for WWE and UFC. Hogan, of course, is the most recognizable wrestler ever, bar none. I am curious about how the company honors Hogan in the months ahead, and the details could be shared on the company's Aug. 6 earnings call. I would also keep an eye on Netflix (NFLX) as WWE is exclusively streamed on there now. I suspect the upcoming Monday Night Raw episode may get more eyeballs than norma; following this news. Intel to report Q2 earnings as Wall Street looks for signs of turnaround Intel (INTC) will report its second quarter earnings on Thursday as the company's new CEO, Lip-Bu Tan, continues his attempt to turn around the ailing chip giant, Yahoo Finance's Dan Howley reports. Howley writes: Read more about Intel's upcoming earnings report here. Wall Street bullish on Alphabet as Search growth stays steady amid AI disruption fears Wall Street analysts were bullish on Alphabet stock following the Google parent's earnings, as Search revenue continued to climb despite fears of AI displacing the dominant search engine. "Another stable qtr for Search results increases our confidence in the AI transition and should ease concerns on a potential revenue reset," Bank of America analyst Justin Post wrote in a note. Post raised his price outlook on Google shares to $217 from $210. Post and other analysts noted that AI Overviews helped drive 10% more Search queries for the types of searches that the AI is used for. The Overviews has 2 billion monthly users, and the Gemini app has hit 450 million monthly active users. RBC Capital analyst Brad Erickson raised his price target on Google shares to $220 from $200, saying, "We still believe that GOOGL's AI competitors along with its own AI search tools are driving traffic headwinds across the internet, and yet, it is still finding a way to distribute enough intentful volume to grow the business plenty fast." Still, Alphabet has fallen short of giving hard dollar figures for its AI business while focusing on how the technology is driving growth in its existing businesses. Notably, analysts didn't seem discouraged by Alphabet raising its capital expenditure guidance for the year to $85 billion from $75 billion, driven by spending in infrastructure such as data centers and server equipment to power AI. Erickson said the company's "AI investment decisions are being made with clear ROI signals in front of it." Fed gets new legal headache with lawsuit seeking to make FOMC rate meetings public The Federal Reserve got a new legal headache Thursday when a money manager sued Chair Jerome Powell and other central bank policymakers in a Washington, D.C., federal court, arguing it is violating a 1976 federal law by keeping its monetary policy meetings behind closed doors, Yahoo Finance's Jennifer Schonberger reports. Schonberger writes: Read the full story here. UnitedHealth stock drops after company confirms DOJ investigation into Medicare billing practices UnitedHealth (UNH) stock fell as much as 2% early Thursday after the insurance giant disclosed in a regulatory filing Thursday morning that it is facing an investigation from the Department of Justice into its Medicare billing practices, Yahoo Finance's Jake Conley reports. Conley writes: Read the full story here. Stocks trade mixed at the open US stocks traded mixed on Thursday, as hopes lifted for a US-EU trade deal and Wall Street digested earnings results from tech giants Alphabet (GOOGL, GOOG) and Tesla (TSLA) as well as fresh labor market data. The Dow Jones Industrial Average (^DJI) dropped 0.6%, after the blue-chip index ended Wednesday just shy of tis first record close this year. The tech-heavy Nasdaq Composite (^IXIC) rose roughly 0.3%, while the S&P 500 (^GSPC) climbed more than 0.1%. IBM stock slides after software sales disappoint International Business Machines stock (IBM) slid 6% ahead of the opening bell after second quarter sales in its core software segment were lower than expected and the company did not provide a forecast for the third quarter. IBM's software segment, which has traditionally been a bright spot, reported sales of $7.39 billion, missing analysts' average estimate of $7.41 billion, per Reuters. After a 30% run-up in the stock year to date, the company had little room to miss estimates. Still, IBM's adjusted earnings per share of $2.80 topped the Street's expectations, and its revenue of $16.98 billion for the quarter beat estimates of $16.59 billion. Companies' spending on artificial intelligence infrastructure spurred demand for IBM's latest AI-specialized mainframes. The infrastructure segment, which houses its mainframe, reported revenue of $4.14 billion, beating estimates of $3.81 billion. Read more here from Reuters. Jobless claims hit lowest level in three months Amid a quiet week of economic data, investors were greeted with yet another sign that the US labor market isn't flashing glaring alarm signals. Data from the Department of Labor released Thursday morning showed 217,000 initial jobless claims were filed in the week ending July 19, down 4,000 from the week prior and the lowest number of weekly filings since the week of April 12. After surging in May, weekly filings have consistently declined throughout the start of the summer. Meanwhile, 1.955 million continuing claims were filed, up about 4,000 from the week prior and hovering near the highest level seen since November 2021. Economists see an increase in continuing claims as a sign that those out of work are taking longer to find new jobs. Tesla stock slides as Musk warns of a 'few rough quarters' Tesla's (TSLA) stock is sinking in premarket as a warning from CEO Elon Musk rings in investors' ears. Shares fell over 6% after Tesla posted an earnings miss, setting the stage for a tough stretch ahead. The automaker faces the end of EV incentives brought in by President Trump, alongside potential delays to its autonomous vehicle rollout. 'We probably could have a few rough quarters,' Musk said, per Bloomberg. Meanwhile, a report Thursday showed Tesla's sales in Europe fell in June for the sixth straight month, falling 23%. Tesla's finance chief flagged other challenges on a conference call with analysts. Yahoo Finance's Pras Subramanian reports: Read more here. The AI trade hasn't changed for Big Tech — and that's working for them Alphabet (GOOG, GOOGL) and Tesla (TSLA) kicked off Big Tech earnings on Wednesday afternoon, and Yahoo Finance's Hamza Shaban recaps what investors learned in today's Morning Brief: Read more here. Good morning. Here's what's happening today. Economic data: Initial jobless claims (week ending July 19) Chicago Fed national activity index (June); S&P Global US manufacturing PMI (July preliminary); S&P Global US services PMI (July preliminary); S&P global US composite PMI (July preliminary); New home sales (June) Earnings: American Airlines (AAL), Blackstone (BX), Deckers (DECK), Dow (DOW), Honeywell (HON), Intel (INTC), Keurig Dr Pepper (KDP), Nasdaq (NDAQ), Nokia (NOK), Southwest Airlines (LUV), Union Pacific (UNP) Here are some of the biggest stories you may have missed overnight and early this morning: Trump signals baseline hike in 'reciprocal' tariffs to 15% The AI trade hasn't changed for Big Tech — and that's working for them Trump to visit Fed HQ for refurb check as he battles with Powell Keurig Dr Pepper beats estimates but coffee inflation lurks Google beats on earnings, doubles down on AI spending spree Tesla stock sinks after earnings miss, 'rough' patch warning Chipotle plunges after company reports 2nd straight sales decline Goldman's trading desk touts cheap hedges against S&P 500 slide Meme stock rally has investors feeling 'invulnerable' Meme stock rally has investors feeling 'invulnerable' Retail investors with an appetite for risk are piling into speculative trades and creating a new roster of meme-stocks, helping power a broader rally in markets, Yahoo Finance's Jake Conley reports: Read more here. STMicro stock falls by most in a year after surprise loss STMicroelectronics (STM) delivered a double whammy in its earnings on Thursday: A surprise Q2 loss from restructuring charges and a disappointing outlook for Q3. US-listed stock in the European chipmaker slid over 10% in premarket trading, while its shares in Paris ( fell to their lowest in a year at one point, down 13%. Bloomberg reports: Read more here. Trending tickers: Chipotle Mexican Grill, T-mobile and Wolfspeed Here are some top stocks trending on Yahoo Finance in premarket trading: Chipotle Mexican Grill (CMG) stock fell 10% before the bell on Thursday after reporting another quarter of negative sales growth. The fast-casual restaurant chain posted results on Wednesday as it navigates an uncertain consumer environment and as its new leadership deals with the most challenging backdrop in years. T-mobile (TMUS) stock rose 5% premarket on Thursday after beating analyst estimates on Wednesday. The telecom group's CEO Mike Sievert told Yahoo Finance's executive editor Brian Sozzi that the company's steady value messaging is helping it to gain market share. Wolfspeed (WOLF) shares rose 18% before the bell. The chipmaker's stock reacted positively this week to the new US-Japan trade deal and has been up 13% over the last five days. The US-Japan trade deal boosts optimism for Wolfspeed as it supports Renesas' EV chip production, raising hopes for more deals with automakers like Jaguar Land Rover. American Eagle stock soars after-hours in latest meme push Stock in retail giant American Eagle Outfitters, Inc. (AEO) flew up over 25% in after-hours trades overnight Thursday. The individual share price went from $10.82 at close to a peak of $13.80 as of 10:57 p.m. EDT. The jump in value can be attributed to the current meme stock phase that has pushed up value in companies such as Opendoor (OPEN), Krispy Kreme (DNUT), Kohl's (KSS), and GoPro (GPRO) over the past few days. Much of meme-stock mania can be attributed to retail investors making moves in stocks with 'undervalued fundamentals', and the rallying of groups around individual personalities. With this in mind, the release of an ad campaign starring actress Sydney Sweeney has been leapt upon by members of online communities on Reddit and X. Though seen in other companies receiving the benefits of online attention, with Opendoor receiving a 140% increase in retail revenue in the past two weeks, it is unclear whether the increase in stock value will see a corresponding increase in revenue for American Eagle. Oil prices rise on trade deal positivity, stockpile reduction Crude oil prices climbed late night Thursday, fueled by hopes for progress in US trade talks and a surprise plunge in American oil stockpiles, easing concerns about global economic slowdown. Reuters reports: Read more here. It sounds like Trump now has a new minimum tariff rate: 15% Yahoo Finance's Ben Werschkul reports: Read more here. Yahoo Finance's Ben Werschkul reports: Read more here. Stock watch: TKO Group + Netflix on Hulk Hogan news Reports have surfaced this afternoon that iconic wrestler Hulk Hogan has died at the age of 71. TMZ and The NY Post both reported the news. I would keep a close eye on TKO Group Holdings (TKO) on this one. The company is the holding company for WWE and UFC. Hogan, of course, is the most recognizable wrestler ever, bar none. I am curious about how the company honors Hogan in the months ahead, and the details could be shared on the company's Aug. 6 earnings call. I would also keep an eye on Netflix (NFLX) as WWE is exclusively streamed on there now. I suspect the upcoming Monday Night Raw episode may get more eyeballs than norma; following this news. Reports have surfaced this afternoon that iconic wrestler Hulk Hogan has died at the age of 71. TMZ and The NY Post both reported the news. I would keep a close eye on TKO Group Holdings (TKO) on this one. The company is the holding company for WWE and UFC. Hogan, of course, is the most recognizable wrestler ever, bar none. I am curious about how the company honors Hogan in the months ahead, and the details could be shared on the company's Aug. 6 earnings call. I would also keep an eye on Netflix (NFLX) as WWE is exclusively streamed on there now. I suspect the upcoming Monday Night Raw episode may get more eyeballs than norma; following this news. Intel to report Q2 earnings as Wall Street looks for signs of turnaround Intel (INTC) will report its second quarter earnings on Thursday as the company's new CEO, Lip-Bu Tan, continues his attempt to turn around the ailing chip giant, Yahoo Finance's Dan Howley reports. Howley writes: Read more about Intel's upcoming earnings report here. Intel (INTC) will report its second quarter earnings on Thursday as the company's new CEO, Lip-Bu Tan, continues his attempt to turn around the ailing chip giant, Yahoo Finance's Dan Howley reports. Howley writes: Read more about Intel's upcoming earnings report here. Wall Street bullish on Alphabet as Search growth stays steady amid AI disruption fears Wall Street analysts were bullish on Alphabet stock following the Google parent's earnings, as Search revenue continued to climb despite fears of AI displacing the dominant search engine. "Another stable qtr for Search results increases our confidence in the AI transition and should ease concerns on a potential revenue reset," Bank of America analyst Justin Post wrote in a note. Post raised his price outlook on Google shares to $217 from $210. Post and other analysts noted that AI Overviews helped drive 10% more Search queries for the types of searches that the AI is used for. The Overviews has 2 billion monthly users, and the Gemini app has hit 450 million monthly active users. RBC Capital analyst Brad Erickson raised his price target on Google shares to $220 from $200, saying, "We still believe that GOOGL's AI competitors along with its own AI search tools are driving traffic headwinds across the internet, and yet, it is still finding a way to distribute enough intentful volume to grow the business plenty fast." Still, Alphabet has fallen short of giving hard dollar figures for its AI business while focusing on how the technology is driving growth in its existing businesses. Notably, analysts didn't seem discouraged by Alphabet raising its capital expenditure guidance for the year to $85 billion from $75 billion, driven by spending in infrastructure such as data centers and server equipment to power AI. Erickson said the company's "AI investment decisions are being made with clear ROI signals in front of it." Wall Street analysts were bullish on Alphabet stock following the Google parent's earnings, as Search revenue continued to climb despite fears of AI displacing the dominant search engine. "Another stable qtr for Search results increases our confidence in the AI transition and should ease concerns on a potential revenue reset," Bank of America analyst Justin Post wrote in a note. Post raised his price outlook on Google shares to $217 from $210. Post and other analysts noted that AI Overviews helped drive 10% more Search queries for the types of searches that the AI is used for. The Overviews has 2 billion monthly users, and the Gemini app has hit 450 million monthly active users. RBC Capital analyst Brad Erickson raised his price target on Google shares to $220 from $200, saying, "We still believe that GOOGL's AI competitors along with its own AI search tools are driving traffic headwinds across the internet, and yet, it is still finding a way to distribute enough intentful volume to grow the business plenty fast." Still, Alphabet has fallen short of giving hard dollar figures for its AI business while focusing on how the technology is driving growth in its existing businesses. Notably, analysts didn't seem discouraged by Alphabet raising its capital expenditure guidance for the year to $85 billion from $75 billion, driven by spending in infrastructure such as data centers and server equipment to power AI. Erickson said the company's "AI investment decisions are being made with clear ROI signals in front of it." Fed gets new legal headache with lawsuit seeking to make FOMC rate meetings public The Federal Reserve got a new legal headache Thursday when a money manager sued Chair Jerome Powell and other central bank policymakers in a Washington, D.C., federal court, arguing it is violating a 1976 federal law by keeping its monetary policy meetings behind closed doors, Yahoo Finance's Jennifer Schonberger reports. Schonberger writes: Read the full story here. The Federal Reserve got a new legal headache Thursday when a money manager sued Chair Jerome Powell and other central bank policymakers in a Washington, D.C., federal court, arguing it is violating a 1976 federal law by keeping its monetary policy meetings behind closed doors, Yahoo Finance's Jennifer Schonberger reports. Schonberger writes: Read the full story here. UnitedHealth stock drops after company confirms DOJ investigation into Medicare billing practices UnitedHealth (UNH) stock fell as much as 2% early Thursday after the insurance giant disclosed in a regulatory filing Thursday morning that it is facing an investigation from the Department of Justice into its Medicare billing practices, Yahoo Finance's Jake Conley reports. Conley writes: Read the full story here. UnitedHealth (UNH) stock fell as much as 2% early Thursday after the insurance giant disclosed in a regulatory filing Thursday morning that it is facing an investigation from the Department of Justice into its Medicare billing practices, Yahoo Finance's Jake Conley reports. Conley writes: Read the full story here. Stocks trade mixed at the open US stocks traded mixed on Thursday, as hopes lifted for a US-EU trade deal and Wall Street digested earnings results from tech giants Alphabet (GOOGL, GOOG) and Tesla (TSLA) as well as fresh labor market data. The Dow Jones Industrial Average (^DJI) dropped 0.6%, after the blue-chip index ended Wednesday just shy of tis first record close this year. The tech-heavy Nasdaq Composite (^IXIC) rose roughly 0.3%, while the S&P 500 (^GSPC) climbed more than 0.1%. US stocks traded mixed on Thursday, as hopes lifted for a US-EU trade deal and Wall Street digested earnings results from tech giants Alphabet (GOOGL, GOOG) and Tesla (TSLA) as well as fresh labor market data. The Dow Jones Industrial Average (^DJI) dropped 0.6%, after the blue-chip index ended Wednesday just shy of tis first record close this year. The tech-heavy Nasdaq Composite (^IXIC) rose roughly 0.3%, while the S&P 500 (^GSPC) climbed more than 0.1%. IBM stock slides after software sales disappoint International Business Machines stock (IBM) slid 6% ahead of the opening bell after second quarter sales in its core software segment were lower than expected and the company did not provide a forecast for the third quarter. IBM's software segment, which has traditionally been a bright spot, reported sales of $7.39 billion, missing analysts' average estimate of $7.41 billion, per Reuters. After a 30% run-up in the stock year to date, the company had little room to miss estimates. Still, IBM's adjusted earnings per share of $2.80 topped the Street's expectations, and its revenue of $16.98 billion for the quarter beat estimates of $16.59 billion. Companies' spending on artificial intelligence infrastructure spurred demand for IBM's latest AI-specialized mainframes. The infrastructure segment, which houses its mainframe, reported revenue of $4.14 billion, beating estimates of $3.81 billion. Read more here from Reuters. International Business Machines stock (IBM) slid 6% ahead of the opening bell after second quarter sales in its core software segment were lower than expected and the company did not provide a forecast for the third quarter. IBM's software segment, which has traditionally been a bright spot, reported sales of $7.39 billion, missing analysts' average estimate of $7.41 billion, per Reuters. After a 30% run-up in the stock year to date, the company had little room to miss estimates. Still, IBM's adjusted earnings per share of $2.80 topped the Street's expectations, and its revenue of $16.98 billion for the quarter beat estimates of $16.59 billion. Companies' spending on artificial intelligence infrastructure spurred demand for IBM's latest AI-specialized mainframes. The infrastructure segment, which houses its mainframe, reported revenue of $4.14 billion, beating estimates of $3.81 billion. Read more here from Reuters. Jobless claims hit lowest level in three months Amid a quiet week of economic data, investors were greeted with yet another sign that the US labor market isn't flashing glaring alarm signals. Data from the Department of Labor released Thursday morning showed 217,000 initial jobless claims were filed in the week ending July 19, down 4,000 from the week prior and the lowest number of weekly filings since the week of April 12. After surging in May, weekly filings have consistently declined throughout the start of the summer. Meanwhile, 1.955 million continuing claims were filed, up about 4,000 from the week prior and hovering near the highest level seen since November 2021. Economists see an increase in continuing claims as a sign that those out of work are taking longer to find new jobs. Amid a quiet week of economic data, investors were greeted with yet another sign that the US labor market isn't flashing glaring alarm signals. Data from the Department of Labor released Thursday morning showed 217,000 initial jobless claims were filed in the week ending July 19, down 4,000 from the week prior and the lowest number of weekly filings since the week of April 12. After surging in May, weekly filings have consistently declined throughout the start of the summer. Meanwhile, 1.955 million continuing claims were filed, up about 4,000 from the week prior and hovering near the highest level seen since November 2021. Economists see an increase in continuing claims as a sign that those out of work are taking longer to find new jobs. Tesla stock slides as Musk warns of a 'few rough quarters' Tesla's (TSLA) stock is sinking in premarket as a warning from CEO Elon Musk rings in investors' ears. Shares fell over 6% after Tesla posted an earnings miss, setting the stage for a tough stretch ahead. The automaker faces the end of EV incentives brought in by President Trump, alongside potential delays to its autonomous vehicle rollout. 'We probably could have a few rough quarters,' Musk said, per Bloomberg. Meanwhile, a report Thursday showed Tesla's sales in Europe fell in June for the sixth straight month, falling 23%. Tesla's finance chief flagged other challenges on a conference call with analysts. Yahoo Finance's Pras Subramanian reports: Read more here. Tesla's (TSLA) stock is sinking in premarket as a warning from CEO Elon Musk rings in investors' ears. Shares fell over 6% after Tesla posted an earnings miss, setting the stage for a tough stretch ahead. The automaker faces the end of EV incentives brought in by President Trump, alongside potential delays to its autonomous vehicle rollout. 'We probably could have a few rough quarters,' Musk said, per Bloomberg. Meanwhile, a report Thursday showed Tesla's sales in Europe fell in June for the sixth straight month, falling 23%. Tesla's finance chief flagged other challenges on a conference call with analysts. Yahoo Finance's Pras Subramanian reports: Read more here. The AI trade hasn't changed for Big Tech — and that's working for them Alphabet (GOOG, GOOGL) and Tesla (TSLA) kicked off Big Tech earnings on Wednesday afternoon, and Yahoo Finance's Hamza Shaban recaps what investors learned in today's Morning Brief: Read more here. Alphabet (GOOG, GOOGL) and Tesla (TSLA) kicked off Big Tech earnings on Wednesday afternoon, and Yahoo Finance's Hamza Shaban recaps what investors learned in today's Morning Brief: Read more here. Good morning. Here's what's happening today. Economic data: Initial jobless claims (week ending July 19) Chicago Fed national activity index (June); S&P Global US manufacturing PMI (July preliminary); S&P Global US services PMI (July preliminary); S&P global US composite PMI (July preliminary); New home sales (June) Earnings: American Airlines (AAL), Blackstone (BX), Deckers (DECK), Dow (DOW), Honeywell (HON), Intel (INTC), Keurig Dr Pepper (KDP), Nasdaq (NDAQ), Nokia (NOK), Southwest Airlines (LUV), Union Pacific (UNP) Here are some of the biggest stories you may have missed overnight and early this morning: Trump signals baseline hike in 'reciprocal' tariffs to 15% The AI trade hasn't changed for Big Tech — and that's working for them Trump to visit Fed HQ for refurb check as he battles with Powell Keurig Dr Pepper beats estimates but coffee inflation lurks Google beats on earnings, doubles down on AI spending spree Tesla stock sinks after earnings miss, 'rough' patch warning Chipotle plunges after company reports 2nd straight sales decline Goldman's trading desk touts cheap hedges against S&P 500 slide Meme stock rally has investors feeling 'invulnerable' Economic data: Initial jobless claims (week ending July 19) Chicago Fed national activity index (June); S&P Global US manufacturing PMI (July preliminary); S&P Global US services PMI (July preliminary); S&P global US composite PMI (July preliminary); New home sales (June) Earnings: American Airlines (AAL), Blackstone (BX), Deckers (DECK), Dow (DOW), Honeywell (HON), Intel (INTC), Keurig Dr Pepper (KDP), Nasdaq (NDAQ), Nokia (NOK), Southwest Airlines (LUV), Union Pacific (UNP) Here are some of the biggest stories you may have missed overnight and early this morning: Trump signals baseline hike in 'reciprocal' tariffs to 15% The AI trade hasn't changed for Big Tech — and that's working for them Trump to visit Fed HQ for refurb check as he battles with Powell Keurig Dr Pepper beats estimates but coffee inflation lurks Google beats on earnings, doubles down on AI spending spree Tesla stock sinks after earnings miss, 'rough' patch warning Chipotle plunges after company reports 2nd straight sales decline Goldman's trading desk touts cheap hedges against S&P 500 slide Meme stock rally has investors feeling 'invulnerable' Meme stock rally has investors feeling 'invulnerable' Retail investors with an appetite for risk are piling into speculative trades and creating a new roster of meme-stocks, helping power a broader rally in markets, Yahoo Finance's Jake Conley reports: Read more here. Retail investors with an appetite for risk are piling into speculative trades and creating a new roster of meme-stocks, helping power a broader rally in markets, Yahoo Finance's Jake Conley reports: Read more here. STMicro stock falls by most in a year after surprise loss STMicroelectronics (STM) delivered a double whammy in its earnings on Thursday: A surprise Q2 loss from restructuring charges and a disappointing outlook for Q3. US-listed stock in the European chipmaker slid over 10% in premarket trading, while its shares in Paris ( fell to their lowest in a year at one point, down 13%. Bloomberg reports: Read more here. STMicroelectronics (STM) delivered a double whammy in its earnings on Thursday: A surprise Q2 loss from restructuring charges and a disappointing outlook for Q3. US-listed stock in the European chipmaker slid over 10% in premarket trading, while its shares in Paris ( fell to their lowest in a year at one point, down 13%. Bloomberg reports: Read more here. Trending tickers: Chipotle Mexican Grill, T-mobile and Wolfspeed Here are some top stocks trending on Yahoo Finance in premarket trading: Chipotle Mexican Grill (CMG) stock fell 10% before the bell on Thursday after reporting another quarter of negative sales growth. The fast-casual restaurant chain posted results on Wednesday as it navigates an uncertain consumer environment and as its new leadership deals with the most challenging backdrop in years. T-mobile (TMUS) stock rose 5% premarket on Thursday after beating analyst estimates on Wednesday. The telecom group's CEO Mike Sievert told Yahoo Finance's executive editor Brian Sozzi that the company's steady value messaging is helping it to gain market share. Wolfspeed (WOLF) shares rose 18% before the bell. The chipmaker's stock reacted positively this week to the new US-Japan trade deal and has been up 13% over the last five days. The US-Japan trade deal boosts optimism for Wolfspeed as it supports Renesas' EV chip production, raising hopes for more deals with automakers like Jaguar Land Rover. Here are some top stocks trending on Yahoo Finance in premarket trading: Chipotle Mexican Grill (CMG) stock fell 10% before the bell on Thursday after reporting another quarter of negative sales growth. The fast-casual restaurant chain posted results on Wednesday as it navigates an uncertain consumer environment and as its new leadership deals with the most challenging backdrop in years. T-mobile (TMUS) stock rose 5% premarket on Thursday after beating analyst estimates on Wednesday. The telecom group's CEO Mike Sievert told Yahoo Finance's executive editor Brian Sozzi that the company's steady value messaging is helping it to gain market share. Wolfspeed (WOLF) shares rose 18% before the bell. The chipmaker's stock reacted positively this week to the new US-Japan trade deal and has been up 13% over the last five days. The US-Japan trade deal boosts optimism for Wolfspeed as it supports Renesas' EV chip production, raising hopes for more deals with automakers like Jaguar Land Rover. American Eagle stock soars after-hours in latest meme push Stock in retail giant American Eagle Outfitters, Inc. (AEO) flew up over 25% in after-hours trades overnight Thursday. The individual share price went from $10.82 at close to a peak of $13.80 as of 10:57 p.m. EDT. The jump in value can be attributed to the current meme stock phase that has pushed up value in companies such as Opendoor (OPEN), Krispy Kreme (DNUT), Kohl's (KSS), and GoPro (GPRO) over the past few days. Much of meme-stock mania can be attributed to retail investors making moves in stocks with 'undervalued fundamentals', and the rallying of groups around individual personalities. With this in mind, the release of an ad campaign starring actress Sydney Sweeney has been leapt upon by members of online communities on Reddit and X. Though seen in other companies receiving the benefits of online attention, with Opendoor receiving a 140% increase in retail revenue in the past two weeks, it is unclear whether the increase in stock value will see a corresponding increase in revenue for American Eagle. Stock in retail giant American Eagle Outfitters, Inc. (AEO) flew up over 25% in after-hours trades overnight Thursday. The individual share price went from $10.82 at close to a peak of $13.80 as of 10:57 p.m. EDT. The jump in value can be attributed to the current meme stock phase that has pushed up value in companies such as Opendoor (OPEN), Krispy Kreme (DNUT), Kohl's (KSS), and GoPro (GPRO) over the past few days. Much of meme-stock mania can be attributed to retail investors making moves in stocks with 'undervalued fundamentals', and the rallying of groups around individual personalities. With this in mind, the release of an ad campaign starring actress Sydney Sweeney has been leapt upon by members of online communities on Reddit and X. Though seen in other companies receiving the benefits of online attention, with Opendoor receiving a 140% increase in retail revenue in the past two weeks, it is unclear whether the increase in stock value will see a corresponding increase in revenue for American Eagle. Oil prices rise on trade deal positivity, stockpile reduction Crude oil prices climbed late night Thursday, fueled by hopes for progress in US trade talks and a surprise plunge in American oil stockpiles, easing concerns about global economic slowdown. Reuters reports: Read more here. Crude oil prices climbed late night Thursday, fueled by hopes for progress in US trade talks and a surprise plunge in American oil stockpiles, easing concerns about global economic slowdown. Reuters reports: Read more here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Trump threatens to escalate trade war with new round of tariffs up to 50%
Trump threatens to escalate trade war with new round of tariffs up to 50%

New York Post

time22 minutes ago

  • New York Post

Trump threatens to escalate trade war with new round of tariffs up to 50%

President Donald Trump said he will impose tariffs ranging from a minimum rate of 15% to a clip as high as 50% as his Aug. 1 deadline looms. 'We'll have a straight, simple tariff of anywhere between 15% and 50%,' Trump said Wednesday at an artificial intelligence summit in Washington, DC. Trump's latest tariff salvo was aimed at countries that have not yet secured bilateral trade frameworks with Washington. Advertisement 4 President Donald Trump said Wednesday that his administration is preparing to impose a new round of tariffs ranging from a minimum rate of 15% to a clip as high as 50%. REUTERS While some nations are actively negotiating to lower their rates, Trump emphasized that he intends to apply a 'very, very simple tariff for some of the countries,' citing the logistical challenge of negotiating individual deals with over 150 nations. 'You can't negotiate deals with everyone,' Trump said. Advertisement He added that negotiations with the European Union were 'serious' and tied potential reductions in tariffs to increased access for American businesses. 'If they agree to open up the (EU) to American businesses, then we will let them pay a lower tariff,' Trump said. The markets were mixed Thursday, with the Dow Jones Industrial Average falling 164 points, or 0.36%, to 44,846.29 as of noon. The S&P 500 rose 13.68 points, or 0.22%, to 6,372.59, while the Nasdaq gained 43.05 points, or 0.21%, to reach 21,063.06. Advertisement 4 Trump laid out his latest tariff plans, describing them as 'reciprocal' duties ahead of an Aug. 1 deadline. Getty Images Trump's comments mark a shift from statements when he initially proposed a universal tariff of 10% on nearly every country during his 'Liberation Day' rollout in April. While his team has previously floated rates between 10% and 15%, Wednesday's remarks indicate that the baseline is now expected to begin at 15%, with significantly higher rates for countries with strained relations with the US. Commerce Secretary Howard Lutnick said Sunday that smaller nations — including 'the Latin American countries, the Caribbean countries, many countries in Africa' — would face a baseline tariff of 10%. Advertisement Despite initial expressions of interest in formal trade agreements, Trump has recently suggested that the letters themselves constitute a form of dealmaking. Still, countries may reduce their rates through side agreements. 4 Trump's tariff initiative, which he began rolling out in April, is aimed at countries that have not yet secured bilateral trade frameworks with Washington. REUTERS On Tuesday, the White House announced that Trump had agreed to reduce a proposed 25% tariff on Japan to 15%. The reduction was made in exchange for Japan lifting certain restrictions on US products and pledging $550 billion in US investments. A similar deal is reportedly under discussion with South Korea, according to people familiar with the matter. That country is also working toward securing a 15% tariff rate, including on automobiles. In Southeast Asia, the Philippines is also seeking to lower its rate. According to the country's ambassador to the US, Jose Manuel Romualdez, the Philippines hopes to bring down its current tariff rate from 19% to 15%. Vietnam, another country weighing its options, is assessing the possible consequences of not securing a trade agreement. An internal Vietnamese government estimate projects that its exports to the US could fall by as much as one-third if higher tariffs take effect. 4 An aerial view of a container shipped docked at the Port of Oakland on May 20. Getty Images Advertisement India and members of the European Union are also pushing for trade agreements before the new tariffs are enacted. As the deadline nears, multiple governments are working to either strike a deal or gauge the economic impact of the proposed levies. Trump's increasingly firm stance on tariffs suggests a broader strategy to use trade policy as a lever for international concessions. With the Aug. 1 implementation date fast approaching, the administration is signaling that countries will either accept the new terms or negotiate quickly to avoid higher costs.

We've Tested Nearly 600 Carry-on Suitcases (Yes, Really) on Flights Around the World—Here Are 15 Must-haves
We've Tested Nearly 600 Carry-on Suitcases (Yes, Really) on Flights Around the World—Here Are 15 Must-haves

Travel + Leisure

time22 minutes ago

  • Travel + Leisure

We've Tested Nearly 600 Carry-on Suitcases (Yes, Really) on Flights Around the World—Here Are 15 Must-haves

Credit: Amazon $200 $121 at Amazon View on Nordstrom View on Samsonite For the past couple of years, the Samsonite Freeform Carry-on Spinner has come out on top as T+L's favorite carry-on—and for good reason. When testing it in our New York City lab, we loved its organization, capacity, and value. We've now tested this bag three times in our New York City lab, and each time we were blown away by its surprising capacity, offering ample packing room for trips up to a week. If you tend to overpack or plan to do some retail therapy during your travels, the expandable zipper unveils an extra inch of depth which gives you wiggle room to fit any shopping hauls and souvenirs you plan to take back home. We were able to pack enough clothes for a four-day trip, including two pairs of shoes, multiple jackets, and two toiletry bags—all without having to use the expander. In terms of maneuverability, it handled tight turns like a champ and went over our simulated concrete curbs without incident. We also gave it a few whacks with a metal baseball bat and noticed that the slight bend of the exterior shell made this suitcase impervious to dents while still protecting its contents (a win if you ever decide to take the gate agent up on the offer to check your bag). Although we did notice the Samsonite Freeform showed a few surface scratches after six months of consistent travel, we still consider it the gold standard for a hardside carry-on suitcase. It may be too large for some overhead compartments, so always check the dimensions of your airline before flying. The Details: Hardside | 23 x 15 x 10 inches | 6.5 pounds | Expandable (1 inch) | Polycarbonate | 4 dual spinner wheels Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Tumi $779 $623 at Amazon View on Coming in right behind our beloved Samsonite Freeform is the Tumi Alpha Dual Access Carry-on. This close contender fell just short of our Best Overall slot due to its heaviness and lack of open packing space, but it's a sophisticated piece of luggage that's in a league of its own when it comes to organization and helpful features. For starters, it has a built-in front access pocket, which allows you to quickly grab items like a light sweater or your in-flight essentials without having to unzip your entire suitcase in the middle of the airport. There's also another small exterior pocket for stashing smaller belongings like a travel umbrella, as well as a built-in USB port you can connect to your own portable power bank. Perhaps the biggest selling point of this suitcase is the removable garment sleeve, which makes this bag the perfect companion for business trips or destination weddings. While the garment sleeve and three mesh zip pockets are no doubt useful, they will eat into the bag's overall capacity, so you'll have to pack strategically. Thankfully, you can always rely on the Tumi Alpha's expandable zipper to grant you 2 extra inches of depth if things get tight. In terms of durability, we couldn't ask for more. T+L associate editorial director and Tumi loyalist Morgan Ashley Parker took this suitcase for a spin in our testing lab, and after hitting it with a bat several times, she noticed there were no scuffs or dents to speak of. 'As someone who owns a Tumi bag that has lasted 16-plus years (and still kicking), I know the durability will extend beyond our lab tests,' says Parker. 'I truly can't imagine a world in which this would puncture or rip.' While Tumi's coveted suitcases are certainly a splurge, they're a worthwhile investment for someone who wants a durable and versatile suitcase they won't have to replace for a very long time. The Details: Softside | 22 x 14 x 9 inches | 10.7 pounds | 35-liter capacity | Expandable (2 inches) | USB port | Ballistic nylon | 4 dual spinner wheels Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Away View on Nordstrom View on Away Travel Stroll through any airport, and you'll see loads of passengers toting one of Away's signature striped suitcases. After personally testing dozens of Away products, I can assure you'll have no regrets hopping on the Away trend. The brand's built-to-last luggage can always be counted on to help overpackers travel more efficiently, and The Carry-On Flex is a testament to that. Offering a generous 2.25 inches of extra packing space with its expandable feature, this is the exact kind of suitcase to bring on trips where you want extra room for those 'just in case' items. Inside The Carry-on Flex, you'll find an open compartment with a mesh divider and another compartment opposite of that with a mesh pocket and compression straps to help you pack down all your belongings for an easier close. We enjoyed floating this compact suitcase through the obstacle course in our testing lab thanks to its easy-gliding 360-degree wheels. It also showed minimal damage after our table drop and baseball bat tests — a good indicator that the exterior will stand up to the roughest of handling. The only downside of the Away Carry-on Flex is that some international airlines may be strict about bringing it on board once fully expanded. The Details: Hardside | 21.7 x 14.4 x 9 inches | 7.9 pounds | 39.8-liter capacity (unexpanded); 44.6-liter capacity (expanded) | Expandable (2.25 inches) | Polycarbonate | 4 dual spinner wheels Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Amazon You might have assumed that finding a budget suitcase means you have to sacrifice on the quality front, but Amazon's slate of luggage continuously proves that theory wrong. After testing their 21-inch expandable hardside spinner in the T+L lab, I'm convinced the retailer's wallet-friendly suitcase is the best you can buy on a budget. For starters, it offers the same capacity as suitcases that are more than double the price. Inside, you'll find an X compression strap and a mesh zip divider that makes storing underwear, socks, and swimsuits a breeze. The bag has four "feet" on its right side to keep it propped up horizontally on an airport scale or in the trunk of a car. Though the telescoping handle was a bit wobbly, I was able to adjust between the three handle heights with ease. We do caution that, like other expandable suitcases, it would be at risk of being flagged by airline staff because it looks much wider in its expanded state. We tested the Amazon Basics 21-inch carry-on three times in our lab just to make sure we still loved it over the years. Though it got a bit scuffed from our bat tests during its second round of testing, it proved easy to buff the scratches out by hand. Considering all you get for under $100, you can't go wrong taking the plunge on this affordable yet solid option. The Details: Hardside | 21.7 x 14.8 x 10 inches | 6.8 pounds | 34-liter capacity | Expandable (2 inches) | Acrylonitrile butadiene styrene (ABS) | 4 dual spinner wheels Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Delsey $330 $249 at Amazon View on $660 at Macy's T+L editors reach for this timeless carry-on from Delsey Paris again and again, thanks to its vintage charm and useful functionality. The polycarbonate shell is accented with reinforced corners, and with its two-tone colorway, you're guaranteed to arrive at your destination in style. Aesthetics aside, there's also substance. Inside, you'll find a fully zippered compartment on one side of the suitcase and compression straps to keep clothing from shuffling on the other. We also found pockets throughout and even a handy USB port with which you can attach your own battery pack. After inspecting it closely, we found that the zippers all open and close smoothly, and the spinner wheels glide with little effort (even over carpet!). After taking the cream colored version on the road for six months, we observed little scuffs and scrapes to the bag even after it was checked — a pleasant surprise considering light-colored luggage tends to show the wear and tear quickly. Its maneuverability and lightweight profile also makes it a breeze to travel with. 'I had to carry it up and down multiple flights of stairs and get it onto a train, and I had no trouble lifting it and moving the handle in and out quickly,' says T+L editor Taylor Fox who brought it on a two-week trip to Egypt. The Details: Hardside | 22.75 x 15 x 10 inches | 7.74 pounds | 44-liter capacity | USB port | Polycarbonate | 4 dual spinner wheels Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Dagne Dover While softside luggage is more durable and less prone to wear and tear, it isn't known for being the most stylish type of luggage. Dagne Dover completely changed the game when it launched its debut luggage collection last summer. T+L editors were among the first to try them out, and we were enamored by the sheen and elegance of the Seattle Carry-on—a modernized softside bag with the structure and sturdy frame of a hardside suitcase. Its 33-liter capacity and 20.5-inch height is ideal for short getaways (it was the perfect companion on my quick trip to St. Thomas), business trips, and international flights. It also offers two ways to pack: via clamshell opening and a top-loading option. During testing and on actual trips, we couldn't help but notice that the wheels glide like a dream over various surfaces. But with the beauty of this suitcase comes one painful fact: it's heavy for a carry-on. For some, it may feel like a drag schlepping a 10-pound carry-on (plus the weight of your items). However, if that's not a big deal to you, we say it's a great entry point for the softside newcomers. The Details: Softside | 20.5 x 13 x 8.75 inches | 9.13 pounds | 33-liter capacity | Recycled 900D polyester | 4 dual spinner wheels | 13-inch laptop sleeve Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Samsonite View on Samsonite $500 at Macy's View on In case you weren't aware, Samsonite's Proxis carry-on is kind of a big deal. Like, it was sent into space and dropped from 130,000 feet-level big deal. To date, this is the most lightweight and durable suitcase Samsonite has ever released. We brought the Proxis Global Carry-on Spinner into our testing lab for some experimenting of our own and found that this textured, hardside carry-on lived up to its claims of being virtually indestructible. The outer shell of this bag is made of Roxkin—an exclusive recycled material developed by Samsonite that is lightweight and engineered to bounce back into shape. 'Samsonite sent this suitcase to space, and it survived, which is only a small amount of what we did to it with a bat,' says T+L associate editorial director Morgan Ashley Parker. 'I also stood and jumped on it. I completely trust this bag to hold up against baggage handlers.' In terms of organizational features, you don't get much with the Samsonite Proxis: just two fully zippered compartments and one mesh zippered pocket. This is actually a good thing if the goal is for your luggage to weigh less and hold more. While it's certainly one of the more expensive options on this list, we think the Proxis is a worthy investment for carry-on loyalists who want the maximum amount of packing space and a durable design that will last for years. The Details: Hardside | 22 x 14 x 9 inches | 4.7 pounds | Expandable (0.5 inches) | Roxkin material | 4 dual spinner wheels Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: July Sometimes, a diminutive carry-on just won't do (especially for longer trips). In these instances, we'd recommend something like the July Carry-on Max. It has a 50-liter capacity that jumps to 62 liters when fully expanded—the largest carry-on we've ever tested. Weighing in around 8 pounds, it's on par with other carry-ons with similar dimensions. However, we noticed that it became a little cumbersome to maneuver around tight corners the more we packed it, and because of its size, you may be forced to gate-check it at the airport. The exterior shell of the suitcase didn't get too banged up when we put it through the wringer of our durability tests. We were also amazed that you can choose between 20 different height handles—another design quirk that helps July stand out from the pack. Inside, there's a Y compression strap and panel on one side, while the other side is secured by a mesh panel with no pockets (a missed opportunity, if you ask us). We would be remiss not to mention that this carry-on comes with its own packable tote bag that fits discreetly inside the suitcase when not in use. You also have the option to personalize this suitcase with a name or initials, with nine fonts to choose from. The Details: Hardside | 23 x 16 x 9 inches | 8.16 pounds | 50-liter capacity (unexpanded); 62-liter capacity (expanded) | Expandable | Polycarbonate | 4 dual spinner wheels | Packable tote included Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travelpro You won't be short on organization with the Travelpro VersaPack+ Carry-on. While it may look small, it's got a roomy interior made even better by all of the useful add-ons, like the included shoe bags, a laundry bag to store used or wet items, and built-in compression packing cubes that strap in to the top of the bag for additional storage. It also features an external laptop sleeve, a small outer pocket, and a luggage lock. If you find that you're running out of space, the bag's tapered extension adds an extra 2 inches of depth. Our chief complaint about Travelpro's VersaPack+ carry-on is its weight. Part of the appeal of softside luggage is that it's lighter because of its fabric construction. And while its nearly 8-pound weight isn't the heaviest we've encountered, we do think it might get bogged down if overpacked. There's also a possibility you'll be forced to check it on smaller airlines because of its 23-inch height, so keep that in mind if traveling on airlines with tighter carry-on restrictions. Though its a bit heavier than we'd like for a softside, we found this spinner to be pretty compact and loved that it wasn't cumbersome to wheel around our obstacle course. The wheels, zippers, and handle also ran smoothly without any snags. The Details: Softside | 23 x 14.5 x 9.5 inches | 7.7 pounds | 47-liter capacity | Expandable (2 inches) | Water-resistant nylon | 4 dual spinner wheels Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Aer $319 at Nordstrom View on If you've ever been on a fast-moving airport shuttle, bus, or subway, you know the struggle of trying to keep your luggage from rolling away while holding on for dear life. Aer, a new kid on the luggage block, saw this common problem hadn't yet been solved by its competitors and created a carry-on suitcase with brakes. Similar to a stroller, the wheels on Aer's Carry-on Max can be locked in place with the simple slide of a button located beneath the handles. 'It's such a unique feature and helpful if on public transport or stopping on an incline with bags since it securely holds the bag in place,' says associate editorial director Morgan Ashley Parker, who owns and loves this Aer model. Speaking of the wheels, they're some of the smoothest we've seen on a carry-on. We were able to roll them over our cement pavers with ease, and it didn't lag behind even when packed full. In terms of capacity, Aer really meant it when they said max . The slender profile of this bag allowed us to fit everything on our packing list despite the fact that it's not expandable. Though Aer touts this as a minimalist's suitcase, there are some undercelebrated details about this bag that we found helpful, like the hidden pocket for you to stash a luggage tracker, a Y-shaped compression system secured with an intuitive and sturdy buckle, and puncture-resistant YKK zippers. The top and side handles also have a hole to where you can attach other bags and belongings to it with a carabiner. We tested out the white version, and the initial surface scratches that appeared after we threw it off a table made us suspect that lighter colors might show damage over time. The good thing is it's available in a range of five colors, so you can always choose a more inconspicuous hue. The Details: Hardside | 22.7 x 15 x 9 inches | 8.4 pounds | 48-liter capacity | Makrolon polycarbonate | 4 dual spinner wheels Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Rimowa There's no doubt that Rimowa, a longstanding luxury luggage brand, is currently having a moment. Its classic aluminum suitcases will cost you a pretty penny, but the sleek vertical lines and sterling material will be instantly recognizable at the airport. We couldn't wait to get our hands on their Cabin S version, which did not disappoint. We'll preface our review by confirming that this is definitely not the bag for overpackers, but if you'll have plenty of space to pack for a long weekend trip or a few items to supplement your checked luggage. We were floored that the bag weighed in much lighter than other aluminum suitcases we've tested (9 pounds), and we find comfort in the locks on each latch that provide extra security. "The wheels roll like a dream—they truly roll better than any suitcase I've tried," says associate editor Anna Popp, who also applauded this Cabin S for surviving our durability tests with not a dent or scratch on it. Aluminum luggage is known to accumulate dents and scrapes over time, so we look forward to seeing how this precious gem of a spinner will hold up over the next six months of testing. The Details: Carry-on | 21.7 x 15.8 x 7.9 inches | 9.3 pounds | 31-liter capacity | Aluminum | 4 dual spinner wheels Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Like Tumi, Briggs & Riley has a best-in-class reputation for luggage. This 22-inch spinner is a classic hardside with some innovative features that allowed us to pack way more than expected. The top lid unzips to reveal a main large compartment which has a built-in compressor pad. While the compressor isn't removable, it did a great job of helping us stuff this suitcase to the brim. Unlike other expandable suitcases that use a simple zipper mechanism, this one has a unique one-touch system: you simply push two buttons on either side of the inner compartment, and raise them up to expose an extra 25 percent more packing space. There's a pouch on the back of the outside of the suitcase with a place to zip up a power bank and pull a charger through the outer pocket. Other fancy accoutrements—like the aircraft-grade aluminum handles, whisper-quiet 360 degree wheels, and drawstring bag storage bag—make the Briggs & Riley 22-inch spinner a justifiable splurge. We thought it rolled well through our obstacle courses. The hardside shell was also well constructed and did not dent after we hit it multiple times with a metal baseball bat. Unfortunately, the very bottom of the bag did get scratched when going over a concrete curb during testing. That said, we still think this carry-on fits the bill for frequent flyers who don't mind shelling out a few extra bucks in exchange for longevity and premium quality. We feel even more confident recommending this Briggs & Riley carry-on because of its lifetime guarantee—you'll be able to have your carry-on repaired for free at any time, no proof of purchase necessary. The Details: Hardside | 22 x 14 x 9 inches | 8.6 pounds | 41-liter capacity (unexpanded); 51-liter capacity (expanded) | Expandable | Recycled polycarbonate, recycled polyester | 4 dual spinner wheels Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Samsonite There's so much to love about this sleek carry-on from Samsonite, from its smooth gliding wheels to its highly-customized handle that offers tons of handle height options. However, where it really shines is its internal organization. We found packing for a trip to be a joy thanks to its generous spacing, compartments, and accessories. The bag came with a TSA-compliant toiletry bag, a shoe bag which easily fit two pairs of shoes, and then—our favorite part—two packing cubes of varying sizes. The more narrow packing cube perfectly fit in the gap between the handles on one half of the suitcase, which we thought to be a clever, space-saving touch. The fun features don't stop there: this suitcase also features a MagneTag, Samsonite's patented magnetic luggage tag that magnetically snaps into the structure of the bag ensuring it won't get lost. Speaking of lost luggage, you'll also find a built-in AirTag holder in the bag's interior (a great benefit if you ever want to take the airline up on the option to check your bag). We thought it felt a little heavy, at 9 pounds but rolled very smoothly. The Details: Carry-on | 23 x 14.75 x 10 inches | 9.04 pounds | Expandable | Polycarbonate | 4 dual spinner wheels Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Casetify Nothing makes a statement at baggage claim like a suitcase that's inscribed with your name. If you're looking to invest in a luggage that you can make your own in every sense, we'd go with Casetify's 21-inch Bounce Custom Carry-on. The brand is widely known for its cushiony and protective phone cases, but it's recently entered its luggage era—and what an entrance it was. Much like with its phone cases, Casetify gives you the option to customize your suitcase using a variety of fonts, colors, and backgrounds. Associate editor Anna Popp picked her carry-on in a stunning cobalt blue and went with a pink-and-white combo for her initial design. Aside from the monogram option, what sets this carry-on apart from the rest are the reinforced bumper corners that give the suitcase another layer of protection from any rough handling it may endure. The capacity of this 21-inch spinner felt like just enough to fit a multiday vacation's worth of items, but we're confident you could fit more with some strategic packing. "I love the organizer flap it comes with since there are tons of little pockets to place various things," says Popp. "I also love that the flap can be taken out when you don't want to use it." While its not the lightest carry-on out there, we were impressed with its style element, and we expect to get tons of compliments at the airport. The Details: Carry-on | 21 x 13.9 x 9 inches | 8.23 pounds | 33.8-liter capacity | Polycarbonate | 4 dual spinner wheels Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: July There's something about a zipperless closure on a suitcase that instantly makes it feel a tad more luxury. Such is the case with the July Carry On Trunk. Built with two TSA-approved latch locks, a German polycarbonate shell, and a removable power bank, we'd say this pick serves equal parts style and function. We found an abundance of helpful organization on the interior of the bag: there are two dividers on each side of the bag with mesh pockets on each, clips to keep the dividers in place, Y compression straps on each side, and a cylindrical zip pocket on one side. We also noticed that the bag opens evenly as opposed to the 30/70 design that we typically see in other travel trunks. The wheels were so smooth, they practically rolled themselves through our testing lab floors and in airports. However, our favorite thing about the bag, as with all July luggage, was the handle which has 20 different heights and can be customized down to the exact millimeter. The one small drawback noted by T+L editor Hillary Maglin is that this carry-on tends to get black scuff marks from the baggage carousel conveyor belt after every trip. 'While most of the scuffs come off pretty easily using the included sponge, I noticed a few small scuffs are harder to get out,' she says. Aside from slight cosmetic damage that occurs with most hardside luggage over time, Maglin still attests that 'it's probably the sturdiest and most smooth-rolling spinner I've ever used.' The Details: Hardside | 21.5 x 14.75 x 8.75 inches | 8.4 pounds | 42-liter capacity | Ejectable USB-C battery | Polycarbonate | 4 dual spinner wheels Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Credit: Travel + Leisure Though these carry-on suitcases were strong contenders, they were just shy of making the list due to a few shortcomings. However, they do possess a few redeeming qualities we feel are worth mentioning. Rains Texel Cabin Trolley: We love the puffy exterior of this waterproof carry-on, though it does add bulk to the suitcase. We noticed that when fully packed, it just barely fit in the overhead compartment in our testing lab. Arlo Skye The Zipper Carry-on Max With Front Pocket: This bag had slightly weak scores in the maneuverability category since it didn't glide as effortlessly as other carry-ons we tried. However, we appreciated its helpful features, like its protective front pocket for laptops and removable power bank. Calpak Ambeur Front Pocket Carry-on Luggage: For under $300, this metallic option offers the sleek look of an aluminum suitcase without the heaviness. Upon first glance, the capacity seemed standard for a carry-on. During packing, we struggled to fit everything on our list. We also noticed that the laptop compartment protruded the more we packed it. Zero Halliburton Classic Aluminum 3.0 International Carry-on: The durability on this suitcase was top notch. In fact, it's one of the most solid suitcases we've ever tested. Ultimately, we preferred the Rimowa bag in our main list for an aluminum option, and we wish this one had more internal organization. Paravel Aviator Carry-on Plus: After toting the bag on trips over six months, we came to appreciate the built-in compression board that made it easy to pack in as many items as possible. Still, we would've appreciated an expandable feature here. Miamily Carry-on: We loved how easy it was to navigate a busy airport with a toddler placed on top of this ride-on suitcase. We just wish the luggage was lighter when empty. Bagsmart Roamer Expandable 20-inch Carry-on Luggage: This affordable bag has lots of impressive features. It even held strong after we whacked it with a metal bat about 10 times. The Amazon Basics hardside spinner ultimately won as our favorite budget option because it offered slightly more in terms of organization, but this is another excellent affordable carry-on that will last for years. Frequently Asked Questions Accepted carry-on dimensions vary by airline, according to the TSA. However, standard dimensions for a carry-on are 22 x 14 x 9 inches. Some airlines will differ give or take a few inches, which is why larger size carry-ons made this list. As a rule of thumb, always research your airline's carry-on rules before your flight to avoid having to involuntarily check your bag. Again, this varies. Some airlines like JetBlue and American Airlines currently don't have any weight restrictions for carry-on bags, while some international airlines limit carry-ons to 22 pounds. In our experience, carry-on weight limits are not always enforced as much as dimension size, but as a rule of thumb, your carry-on is likely too heavy if you can't lift it on your own. If you're concerned about the weight of your bag, grab an inexpensive luggage scale so you can check before heading to the airport. According to the TSA, you are allowed to bring a quart-sized bag of liquids, aerosols, gels, creams, and pastes in your carry-on bag and through the security checkpoint. No liquid in your carry-on or personal item can exceed 3.4 ounces. Any amounts larger than that will need to be checked or will be disposed of. Solid toiletries like powdered makeup, bar soap, and solid deodorant should pose no issue. Yes, AirTags and other luggage trackers are allowed in carry-on luggage. For GPS trackers that utilize a higher level of battery power, you should check with your individual airline to make sure it's allowed on board. T+L senior editor Jasmine Grant covers luggage and travel accessories. She owns roughly 35 different suitcases, backpacks, and tote bags, and rotates between her favorites for different trips around the world. She is a carry-on loyalist and enjoys the challenge of finding creative ways to pack weeks worth of clothing into a compact suitcase. She frequently utilizes clever accessories like compression packing cubes, hanging toiletry bags, and travel pouches to maximize space. Right now, her favorite carry-ons come from brands Away, Dagne Dover, and Samsonite. Love a great deal? Sign up for our T+L Recommends newsletter and we'll send you our favorite travel products each week.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store