Spirit Airlines has announced today that it is filing for bankruptcy protection after experiencing a series of quarterly financial losses, unsuccessful attempts at mergers, and facing significant debt deadlines.

The situation worsened for Spirit following the failure of its $3.8 billion merger attempt with JetBlue Airways back in January and complications with an engine from a manufacturer that left many of Spirit’s planes unable to fly, according to my colleague Zach Wichter.

So, what does this mean for your upcoming Spirit flights?

How will Trump tariffs impact U.S. manufacturers?

President-elect Donald Trump has vowed to create a “manufacturing rebirth” when he returns to the White House, proposing tariffs aimed at strengthening domestic manufacturing businesses.

The goal is to increase the costs of imported products to make locally produced goods more competitive, as noted by my colleague Bailey Schulz.

What could this mean for U.S. manufacturers?

🍔 What’s on today’s menu 🍔

Is Kraft Mac & Cheese truly free of “artificial flavors, preservatives, or dyes,” as claimed on its label? The manufacturer is heading to federal court to address a proposed nationwide class action lawsuit by dissatisfied customers who allege false advertising regarding its ingredients.

More about The Daily Money

Every weekday, The Daily Money presents the top consumer and financial news from YSL News, breaking down complicated topics, summarizing the information, and showing how various issues, such as Federal Reserve rate adjustments and bankruptcy cases, may affect you.