Airlines face holiday test as demand surges
The airline industry’s recovery is being tested this holiday season as passengers return in near pre-pandemic numbers. The resurgence in air travel is being fueled…
AP Wire
Average U.S. long-term mortgage rates hold firm another week
SILVER SPRING, Md. — The average interest rate on a long-term mortgage in the U.S. held firm again this week. Mortgage buyer Freddie Mac reported…
U.S. jobless claims drop 52-year low amid seasonal volatility
WASHINGTON — The number of Americans applying for unemployment benefits plunged last week to the lowest level in 52 years, more evidence that the U.S….
Lowe’s CEO addresses race, inflation and vaccine mandates
NEW YORK — Lowe’s CEO Marvin Ellison personally knows about racism. He grew up in segregated rural Tennessee. His father was a sharecropper-turned-insurance salesman and…
Group: Pandemic tech tools raise risk of everyday tracking
LONDON — Tech tools like digital contact tracing apps and artificial intelligence that European governments rolled out to combat COVID-19 failed to play a key…
US businesses advertised near-record 11 million open jobs
WASHINGTON — U.S. employers posted 11 million open jobs in October, nearly matching a record high reached in July and a sign that companies were…
EU unveils trade sanction plan to counter foreign coercion
BRUSSELS — The European Union moved Wednesday to set up a system of quick-fire trade sanctions that it could impose on any foreign power, like…
Work from home again: UK tightens rules amid omicron spread
LONDON — British Prime Minister Boris Johnson announced tighter restrictions today to stem the spread of the omicron variant, urging people in England to again…
CP shareholders back $31 billion purchase of Kansas City Southern
Canadian Pacific’s $31 billion plan to acquire Kansas City Southern cleared one of its final hurdles today when CP shareholders overwhelmingly approved the deal that…
US businesses advertised near-record 11 million open jobs
WASHINGTON (AP) — U.S. employers posted 11 million open jobs in October, nearly matching a record high reached in July and a sign that companies…