Most people like traveling. But far fewer enjoy booking it. A survey of more than 2,400 people who book their own travel arrangements found that 71% say the process is at least somewhat stressful for them, according to a 2024 survey by the consumer data company CivicScience. The percentage is even higher among parents of kids … Read more
D3sign | Moment | Getty Images Inflation cooled in August and fell to its lowest level since February 2021, which was around the time the consumer price index began to climb during the pandemic era. This broad trend in the U.S. economy — a declining but still-positive rate of inflation — is known as “disinflation.” … Read more
A view shows a bronze seal beside a door at the U.S. Treasury building in Washington, U.S., January 20, 2023. Kevin Lamarque | Reuters The U.S. government for the first time has spent more than $1 trillion this year on interest payments for its $35.3 trillion national debt, the Treasury Department reported Thursday. With the … Read more
Delta Airlines planes are seen parked at Seattle-Tacoma International Airport on June 19, 2024 in Seattle, Washington. Kent Nishimura | Getty Images Airlines are reporting better unit revenues for the tail end of summer, a sign customers will continue to have to shell out more to fly in the coming months. Alaska Airlines on Thursday … Read more
Wholesale prices rose in August about in line with expectations, the final inflation data point as the Federal Reserve gets set to lower interest rates. The producer price index, a measure of final demand goods and services costs that producers receive, increased 0.2% on the month, the Bureau of Labor Statistics said Thursday. That matched … Read more
A Boeing 737 MAX aircraft is assembled at the Boeing Renton Factory in Renton, Washington, on June 25, 2024. Jennifer Buchanan | Afp | Getty Images Boeing workers are voting on a new labor contract on Thursday, setting up the potential for a crippling strike if staff members decide to reject the deal just as … Read more
Men aged 35 to 54 are Australia’s highest earners with an average salary of $103,955, according to Canstar data. Close behind are men aged 45 to 54, who bring home an average salary of $101,400. Meanwhile, women in the same age brackets take home just $83,200 and $85,800 on average respectively — or a difference … Read more
Data centers today are crucial computing infrastructure that power the modern-day internet. In Pictures Ltd | Andrew Aitchison | Corbis News | Getty Images LONDON — The U.K. on Thursday said it now classes data centers as critical infrastructure, in a move that is expected to boost cybersecurity in the country and help operators of … Read more
Grace Cary | Moment | Getty Images Inflation continued to throttle back in August, signaling that the fast-rising prices that plagued the U.S. economy for the better part of three years during the pandemic era are increasingly moving into the rearview mirror. Overall inflationary pressures are “dissipating,” said Sarah House, senior economist at Wells Fargo … Read more
A cargo ship is sailing towards the docking of a foreign trade container terminal in Qingdao Port, Shandong province, in Qingdao, China, on June 7, 2024. Costfoto | Nurphoto | Getty Images Trade analysts are warning that new tariffs threatened by former President Donald Trump, which he doubled down on during Tuesday night’s presidential debate, … Read more
