Delta Air Lines CEO Ed Bastian on Friday offered employees two free travel passes to thank staff members who were caught in massive disruptions last month sparked by a botched CrowdStrike software update that stranded thousands of customers and crew.…
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The U.S. unemployment rate rose to 4.3% in July and hiring slowed, adding to signs of a broader downturn in what has been a solid U.S. economy. The Bureau of Labor Statistics reported Friday that…
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The average rate on the popular 30-year fixed mortgage dropped 22 basis points to 6.4% Friday, according to Mortgage News Daily. That is the lowest rate since April 2023. The 15-year fixed rate fell to 5.89%, its…
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Warren Buffett’s Berkshire Hathaway dumped nearly half of its gigantic Apple stake last quarter in a surprising move for the famously long-term-focused investor. The Omaha-based conglomerate disclosed in its earnings filing that its holding in the iPhone maker was…
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Stocks tumbled for the second-straight day Friday as a weaker-than-expected jobs report and a dismal forecast from Amazon added to investor fears of a more substantial slowdown for the U.S. economy. The Dow Jones Industrial Average closed…
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ROCKLAND, Maine — Noah Barnes can’t sell bunks aboard his schooner fast enough. The ones unoccupied by his staff, anyway. Barnes, the owner and captain of the 153-year-old Stephen Taber, said demand for multiday voyages…
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CrowdStrike on Sunday said Delta Air Lines had rejected on-site help during last month’s massive outage that sparked thousands of flight cancellations. Delta CEO Ed Bastian told CNBC’s “Squawk Box” last week that the mass cancellations following the outage, which occurred…
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Business
American recession fears spark selloff in international markets and point to lower U.S. open
U.S. stocks saw their third-straight trading day of heavy declines as recession fears continued to mount and Wall Street abandoned a popular trade that had helped counter high interest rates. The Dow Jones Industrial Average…
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The UK’s policing minister has said that there will be a “nick them quick” approach to far-right rioters who have caused unrest across the country this week, but added there was no need to bring…
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World News
At least 27 killed in Bangladesh as protesters, police and pro-government activists clash
At least 27 people were killed and scores injured in clashes in Bangladesh on Sunday, as police fired tear gas and lobbed stun grenades to disperse tens of thousands of protesters calling for Prime Minister Sheikh Hasina to resign. The interior…