United States
Get ready for higher fares: Airlines bet surge in travel demand will help offset fuel costs
American Airlines planes at LaGuardia Airport Leslie Josephs | CNBC Travel demand has bounced back faster than expected this year, major airlines said Tuesday, a welcome trend for an industry battered by Covid and a sign that carriers expect to pass along higher fuel prices and other costs on to customers. U.S. jet fuel prices […]
Read More
U.S. lobbyists connect Ukraine officials with powerful allies to help in war against Russia
Firefighters extinguish fire at a damaged residential building that was hit by a Russian attack in Kyiv, Ukraine on March 15, 2022. Emin Sansar | Anadolu Agency | Getty Images Lobbyists are working to connect Ukrainian officials with powerful allies in the U.S., including mayors, governors and representatives of at least one firearm’s dealer in […]
Read More
China says it wants to steer clear of U.S. sanctions over Russia’s invasion of Ukraine
Chinese Foreign Minister Wang Yi attends a press conference in Beijing, China on March 7, 2022. Li Xin | Xinhua News Agency | Getty Images China’s foreign minister, Wang Yi, says Beijing wants to avoid being impacted by U.S. sanctions over Russia’s war with Ukraine. “China is not a party to the crisis, nor does […]
Read More
Tesla hikes car prices in the U.S., China after CEO Elon Musk warns of inflation pressure
Tesla CEO Elon Musk speaks at a delivery ceremony for Tesla China-made Model 3 in Shanghai, east China, Jan. 7, 2020. Ding Ting | Xinhua News Agency | Getty Images Tesla has hiked the prices of its electric vehicles in the U.S. and China after CEO Elon Musk warned of inflation pressure on the business. […]
Read More
Work at a small employer? You likely pay high 401(k) fees
Yongyuan | E+ | Getty Images Workers who save in a 401(k) plan offered by a small business pay fees that are twice as high as those paid by employees who work at the largest companies in the U.S. The smallest workplace retirement plans (those with less than $25 million in aggregate savings) charge total […]
Read More
Pollen season could be longer, more intense, as climate changes, study finds
A bee collects pollen from flowers in Los Angeles June 9, 2021. Chris Delmas | AFP | Getty Images As the climate warms, allergy season in the United States could get worse. If carbon emissions go unchecked, pollen season could start up to 40 days earlier and last 19 days longer by the end of the century, […]
Read More
SoftBank’s Arm plans to cut up to 1,000 jobs after collapse of $40 billion Nvidia deal
SAM YEH | AFP | Getty Images LONDON — British chip designer Arm is planning to cut up to 1,000 jobs, or 15% of its workforce, just weeks after its $40 billion deal with Nvidia collapsed. Widely regarded as the jewel in the crown of the U.K. tech sector, Arm employs employs around 6,400 people […]
Read More
Ballistic missiles hit Iraq’s Kurdish capital, Iran’s Revolutionary Guard claim responsibility
March 13, 2022 shows buildings damaged due to the missile attack near the U.S. consulate compound in Erbil, Iraq. Twelve ballistic missiles launched from outside Iraq struck the country’s northern Kurdish regional capital Erbil on Sunday, the regional government said. Dalshad Al-Daloo | Xinhua News Agency | Getty Images Iran’s Revolutionary Guards claimed responsibility for […]
Read More
If Putin uses chemical weapons in Ukraine it’s a ‘game changer’ for NATO
Russian President Vladimir Putin watches with binoculars the Tsentr-2019 military exercise at the Donguz range near Orenburg city on September 20, 2019. Alexey Nikolsky | Afp | Getty Images There are increasing concerns that Russia could be prepared to use chemical weapons to attack Ukraine, with Western officials and strategists warning the threat posed by […]
Read More
5 charts show the stages of global economic recovery since Covid hit
Commuters on a train in Hong Kong on March 2, 2022, amid the Covid pandemic. Dale De La Rey | AFP | Getty Images Oil prices plunged, travel came to a halt and unemployment rates spiked when the coronavirus hit in early 2020. Then, signs of recovery emerged. Stock markets rebounded and quickly surpassed 2019 […]
Read More