Ed Bastian, chief executive officer of Delta Air Lines Inc., during an interview in New York, US, on Monday, Nov. 7, 2022. Bastian said that he sees ‘strong demand’ for flights carrying in...
Tag: United States
American Airlines hikes revenue estimates after strong Q4
American Airlines shares surged Thursday after the carrier hiked its revenue and profit estimates for the fourth quarter thanks to strong demand and high fares. American stock gained nearly 10% to $16...
2022 was one of the 10 hottest years: NASA and NOAA
Electrical transmission towers at a Pacific Gas and Electric (PG&E) electrical substation during a heatwave in Vacaville, California, US, on Tuesday, Sept. 6, 2022. California narrowly avoided bla...
Porsche reports uptick in global sales despite big drop in Taycan EV
Porsche shares rose in their stock market debut Thursday, in one of the biggest public offerings in Europe ever. Bloomberg | Getty Images Porsche managed to increase its global deliveries last year by...
Here’s the inflation breakdown for December 2022 — in one chart
Kentaroo Tryman | Maskot | Getty Images The inflation rate declined in December as consumers saw prices plummet at the gasoline pump, providing another hopeful sign for households that price pressures...
If There Is A Recession In 2023, Some Cities Could Take A Decade To Recover
NEW YORK, NEW YORK – SEPTEMBER 08: A person wearing a protective face mask walks by a going out of … [+] business sign displayed outside a retail store in midtown as the city continues Pha...
FAA system outage disrupts thousands of flights across U.S.
Thousands of flights across the U.S. were delayed Wednesday after a Federal Aviation Administration pilot-alert system failed overnight, prompting a nationwide halt to departures. The FAA lifted the g...
Wells Fargo Is Backing Out Of The Mortgage Market
(Photo by Robert Alexander/Getty Images) Getty Images Key takeaways Wells Fargo, the country’s third largest mortgage lender, is stepping back from the mortgage market. While not exiting it enti...
Asia-Pacific’s benchmark index enters a bull market, thanks to China’s reopening
The Chinese and Hong Kong flags flutter outside the Exchange Square complex in Hong Kong on Feb. 16, 2021. Zhang Wei | China News Service via Getty Images Asia-Pacific’s leading index entered a ...
How One U.S. Munition Could Decide Taiwan’s Fate
A USAF B-1 bomber drops a JASSM-ER missile during testing. U.S. Air Force photo A Chinese attack on Taiwan could trigger a war drawing involving two million Chinese troops, half a million Taiwanese tr...
India is starting to love electric vehicles with two wheels
Electric vehicle charging stations from Tata Power can be found on 350 of the 600 highways in India. Puneet Vikram Singh, Nature And Concept Photographer, | Moment | Getty Images When most people thin...
McDonald’s plans reorganization, job cuts as it accelerates restaurant openings
Noam Galai | Getty Images Entertainment | Getty Images McDonald’s is planning job cuts and a reorganization as the company refocuses its priorities to accelerate restaurant expansion, CEO Chris ...
Why Gold Is Still The Best Money
For most of US history — 1789 to 1971, a period of 182 years — the United States embraced the idea of a currency that is stable, reliable, and definite. In practice, this meant a currency whose value ...
2022 was the worst-ever year for U.S. bonds. How to position for 2023
Traders at the New York Stock Exchange on Dec. 21, 2022. Michael M. Santiago | Getty Images News | Getty Images The bond market suffered a significant meltdown in 2022. Bonds are generally thought to ...
Ukraine Needs Leopard 2 Tanks. Its Allies Are Getting Closer To Providing Them.
A German army Leopard 2. NATO photo In the space of a few days this week, France, the United States and Germany all announced they would donate to Ukraine powerful armored vehicles: French AMX-10RC sc...
World Wrestling, Bed Bath, Costco
Shoppers line up outside a Costco to buy supplies after the Hawaii Department of Health on Wednesday advised residents they should stock up on a 14-day supply of food, water and other necessities for ...
The Navy’s Plan To Modernize Military Sealift Makes Sense. Congress Needs To Keep It Funded.
The United States has a knack for getting involved in fights far from home. The vast majority of countries, if they go to war at all, do so close to home. Not America. Fortunately, most of the places ...
2022 U.S. auto sales are worst in more than a decade
New Jeeps on display at a New York City car dealership on Oct. 5, 2021. Spencer Platt | Getty Images DETROIT — Automakers are hopeful last year’s new vehicle sales — the worst in more than a dec...
Which states will build the most EV batteries in 2030?
Zoom In IconArrows pointing outwards Planned electric vehicle battery plant capacity in North America by 2030. Data updated through November. U.S. Department of Energy, Argonne National Lab Georgia, K...
Ford pickup truck sales in December help narrow overall sales decline
2023 Ford Super Duty F-350 Limited Ford DETROIT – Ford Motor narrowed its U.S. sales loss last year to 2.2%, as the automaker notably increased sales of its F-Series pickups to end 2022 with a slight ...
General Motors (GM) sales Q4 2022
2022 GMC Sierra 1500 Denali Ultimate GM DETROIT – General Motors reclaimed its U.S. sales crown from Toyota Motor last year as the Detroit automaker eked out a slight gain in annual U.S. vehicle sales...
Southwest Airlines cancellations abate after holidays but costs pile up
Pristine Floyde searches for a friend’s suitcase in a baggage holding area for Southwest Airlines at Denver International Airport on December 28, 2022 in Denver, Colorado. Michael Ciaglo | Getty...
Here are some strategies that can help you dig out of holiday debt
While some Americans are still recovering from holiday festivities, many others may have lingering effects of spending regrets. Overall U.S. retail sales increased 7.6% year-over-year between Nov. 1 a...
Supporting Trade In A Non-Trade Moment
Cranes at the Port of Baltimore, underutilized during Covid disruptions. JIM WATSON/AFP via Getty Images Nations that want to move ahead engage in trade. Trade allows these countries to harvest the be...
Time For Government To Invest In Housing
Now is the time for local government to abandon regulations and put money into more housing … [+] development, especially apartments (Photo by Mark Boster/Los Angeles Times via Getty Images) Los...
Crossing The Emissions Gap Between Inflation Reduction Act And 2030 NDC Is Worth 4 Million Jobs
The United States has gone all-in on climate and clean energy funding. The Inflation Reduction Act’s (IRA) $370 billion in emissions reduction funding, the CHIPS and Science Act’s $70 billion in zero-...
Five Chinese startups that survived a tough year of Covid lockdowns
A Kennon Robotics robot delivers food at a Haidilao hotpot restaurant in Shanghai on April 7, 2021. Qilai Shen | Bloomberg | Getty Images BEIJING — In a year of Covid lockdowns and travel restrictions...
These states will raise their minimum wages in 2023
Labor activists hold a rally in support of a national $15 minimum wage on May 19, 2021, in Washington, D.C. Kevin Dietsch | Getty Images News | Getty Images As the calendar turns to 2023, workers in m...
8 Consequential Energy Predictions For 2023
RIYADH, SAUDI ARABIA – DECEMBER 8: (——EDITORIAL USE ONLY â MANDATORY CREDIT – ‘ROYAL COURT OF SAUDI … [+] ARABIA / HANDOUT’ – NO MARKETING NO ADVERTISING CAMPAIGNS ...