Travelers at LaGuardia Airport in New York on June 30, 2022. Leslie Josephs | CNBC Airfare fell 6.4% in January from a year earlier, the Labor Department said in its monthly consumer price index on Tuesday. It might not last too long. January is typically a slower month for travel as customers take fewer trips … Read more
CHICAGO, ILLINOIS – JANUARY 24: American Airlines workers picket at O’Hare International Airport on January 24, 2023 in Chicago, Illinois. The workers, mostly flight attendants with the Association of Professional Flight Attendants (APFA), were picketing to demand better working conditions as their contract negotiations continue. (Photo by Scott Olson/Getty Images) Scott Olson | Getty Images … Read more
Canadians are stressed out about the economy and have little faith in politicians or governments to fix big problems, a new survey suggests. The annual CanTrust Index published by Proof Strategies queries Canadians about their level in trust in everything from political leaders and businesses to corporations, the media, bankers and scientists. The 2024 edition … Read more
Director of the National Economic Council Lael Brainard speaks during the daily press briefing at the White House January 11, 2024 in Washington, DC. Brainard fielded a range of questions about the economy and inflation. Drew Angerer | Getty Images National Economic Council Director Lael Brainard on Tuesday blamed higher consumer prices on “shrinkflation,” doubling … Read more
Supporters of the Fridays for Future climate action movement, including one holding a sign showing Russian President Vladimir Putin, in Berlin, Germany. Sean Gallup | Getty Images News | Getty Images China and Russia are considered less of a threat to Western populations now than a year ago, as public concern pivots to non-traditional risks … Read more
DUBAI, United Arab Emirates — China is facing a confidence deficit as its economy undergoes massive transition and concern grows over its ongoing property crisis, a top banking CEO said while onstage at Dubai’s World Governments Summit. “China’s biggest problem to me is a lack of confidence. External investors lack confidence in China and domestic … Read more
1. Record run Here are the most important news items that investors need to start their trading day: The S&P 500 closed above 5,000 on Friday for the first time as U.S. stocks continued their steady climb. The S&P, Dow Jones Industrial Average and Nasdaq have all risen for five straight weeks. A slate of … Read more
Valentine’s Day is just around the corner, but recent data shows that for many Canadian couples, the rising cost of living is leading to conflict instead of romance. A report from BMO’s Real Financial Progress Index released Thursday found that about one-third of Canadian couples (32 per cent) say money is often a source of … Read more
Kristalina Georgieva, managing director of the International Monetary Fund, at a press conference at the IMF Headquarters on April 14, 2023. Kevin Dietsch | Getty Images News | Getty Images The head of the International Monetary Fund warned the Russian economy is still facing significant headwinds despite receiving a recent growth upgrade by the Washington-based … Read more
A farmer pulls waste to block the RN 19 near in Vesoul, eastern France, on January 25, 2024. Sebastien Bozon | Afp | Getty Images The European Union prides itself on being a champion for the environment. But that reputation is now being firmly tested, after it toned down its climate policies following angry farmer … Read more
