Browsing: Economy
Delta Air Lines passenger settlement offers refunds to some customers affected by COVID cancelations
Delta Air Lines has settled a class-action lawsuit filed by passengers upset by flight cancelations during the beginning of the coronavirus pandemic. The lawsuit alleges that…
By Luc Cohen and Chris Prentice NEW YORK (Reuters) – The U.S. Treasury Department will soon propose a rule that would effectively end anonymous luxury-home purchases,…
U.S. inflation has slowed down significantly over the past few months, but it faces risks of re-acceleration in the fourth quarter or next year, some analysts…
By Nandita Bose SALT LAKE CITY (Reuters) -President Joe Biden on Thursday expanded federal aid to Hawaii and promised help to its suffering citizens as deadly…
What’s going on with frozen fruit and vegetables? Food prices rose 0.2% on the month in July after remaining unchanged in June, and they rose 4.9%…
Investing.com — Bank borrowing from the Federal Reserve’s emergency lending programs rose slightly for the week ended Aug. 9. In the week ended Aug. 9, total lending…
Yellow bankruptcy: Treasury’s $700 million pandemic loan is ‘undercollateralized,’ congressman warns
In the wake of Yellow Corp.’s bankruptcy announcement, Rep. French Hill of Arkansas has again voiced his concerns about a $700 million federal loan that the…
By Safiyah Riddle (Reuters) – U.S. mortgage delinquency rates fell to a record low in the second quarter due to a strong job market and low…
The numbers: The U.S. producer price index rose 0.3% in July, the Labor Department said Friday, up from a revised flat reading in June and the…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Markets are betting that the Fed’s…