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Image about Biden Administration Reveals New Rules Requiring Airlines to Disclose Fee Schedules

Biden Administration Reveals New Rules Requiring Airlines to Disclose Fee Schedules

President Joe Biden announced new air travel regulations, this week, which requires both airlines and online travel agencies to disclose their fees for various ticketing add-ons like seat selection and checked baggage. The new policy... More of this article »
Image about Federal Reserve Commits to Fifth Interest Rate Hike This Year

Federal Reserve Commits to Fifth Interest Rate Hike This Year

On Wednesday, this week, the Federal Reserve announced they will raise interest rates again, marking the fifth such hike so far this year. Concluding a two-day monetary policymaking session, the central bank updated its Summary of... More of this article »
Image about The Fed’s Latest Rate Hike Pushes Treasury Yields Higher

The Fed’s Latest Rate Hike Pushes Treasury Yields Higher

US Treasury yields climbed at the end of the week as markets analyzed the eventual impact of the Federal Reserve’s most recent rate hike. Specifically, the 2-Year Treasury note reached up to its highest mark in 15 years, as... More of this article »
Image about Homebuilder Sentiment Falls into Negative Territory

Homebuilder Sentiment Falls into Negative Territory

According to the National Association of Home Builders (NAHB), homebuilder sentiment fell by three points this month. Now at a score of 46, the index has fallen below the 50-point threshold, indicating that the sentiment is negative.... More of this article »
Image about Amtrak To Suspend Some Long Haul Routes Anticipating Freight Rail Labor Strike

Amtrak To Suspend Some Long Haul Routes Anticipating Freight Rail Labor Strike

Heading into the second full week of September, rail carrier Amtrak announced a plan to preemptively suspend service(s) along some of its longer-range routes, mostly originating in Chicago. Apparently, there is a pending freight... More of this article »
Image about Expect Holiday Airfare to Hit 5-Year High As Air Travel Chaos Persists

Expect Holiday Airfare to Hit 5-Year High As Air Travel Chaos Persists

If you are planning to fly anywhere this holiday season, you may have to pay through the teeth for that plane ticket. Unfortunately, it appears the cost of a boarding pass this winter will reach a five-year high. Experts advise that... More of this article »
Image about Juul Ordered to Pay $438.5 Million Settlement Over Underage Marketing Charges

Juul Ordered to Pay $438.5 Million Settlement Over Underage Marketing Charges

Electronic cigarette maker Juul has just inked a settlement deal to conclude a two-year investigation regarding its sales and marketing practices. According to announcements coming out of several US states, in the first week of September,... More of this article »
Image about Global Economic Troubles Continue to Drag Oil Prices

Global Economic Troubles Continue to Drag Oil Prices

Oil prices took a dive this week, increasing the selloff acting that has already started to offer some relief for drivers trying to make the most of the rest of the summer, but feeling the pinch at the pump. Indeed, US oil slipped... More of this article »
Image about FTC Orders Credit Karma to $3 Million in Consumer Damages Over False “Pre-Approval” Claims

FTC Orders Credit Karma to $3 Million in Consumer Damages Over False “Pre-Approval” Claims

The Federal Trade Commission (FTC) has ordered Credit Karma to pay $3 million to users on allegations that the online credit monitoring company pushed consumers to take out falsely pre-approved credit cards. This inevitably led to... More of this article »
Image about CVS Health and Signify Health Hopes To Bring Health Care to the Home

CVS Health and Signify Health Hopes To Bring Health Care to the Home

In the first week of September, CVS health announced a new $8 billion deal aimed at meeting patients where they are to address their health care issues as needed. The deal will finalize the CVS purchase of Signify Health, which is... More of this article »
Image about Inflation Concerns Continue as There are Twice as Many Job Openings as Available Workers

Inflation Concerns Continue as There are Twice as Many Job Openings as Available Workers

Despite a big push from the US government to combat inflation, the labor market remains tight. According to a report, this week, from the Bureau of Labor Statistics, there were almost one million more job openings last month than... More of this article »
Image about Regal Cinemas Parent Company—Cineworld Group—Files Chapter 11

Regal Cinemas Parent Company—Cineworld Group—Files Chapter 11

Cineworld Group is the second largest movie theatre chain in the world, although many people may not know who they are. Perhaps identifying the British company—who operates in nearly a dozen countries—as the owner of Regal Cinemas... More of this article »
Image about Federal Trade Commission Sues Data Broker Over Sale of Sensitive Geolocation Data

Federal Trade Commission Sues Data Broker Over Sale of Sensitive Geolocation Data

The issue came to light after a June Supreme Court ruling overturned Roe vs Wade: the landmark decision that guaranteed women a Constitutional Right to abortion. With reproductive rights now a States’ issue, the technology... More of this article »
Image about Honda Partners with LG to Upscale EV Battery Production at New US Plant

Honda Partners with LG to Upscale EV Battery Production at New US Plant

With the new California ban on gas-powered engine vehicles (by 2035)—and some states likely to follow suit—the pressure to scale up production and make these cars more accessible is certainly growing. Whether this shift—in... More of this article »
Image about Bed Bath & Beyond Announces Layoffs and Closures Amid Struggles

Bed Bath & Beyond Announces Layoffs and Closures Amid Struggles

Approaching the end of August, home furnishings retailer Bed Bath & Beyond revealed a plan to close stores and layoff staff in a somewhat emergency cost-cutting effort. On a recent call with investors, the struggling New Jersey-based... More of this article »