The Federal Reserve is poised to make the first interest rate cut in years this fall, which can influence mortgage rates to go down. Even small cuts in rates could make a meaningful difference in what a homebuyer…
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Business
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U.S. airlines are reducing their capacity through the end of the year in a bid to cool an oversupplied domestic market that has led to lower fares and reduced profits despite strong summer travel demand. For passengers,…
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Business
The housing crunch is still squeezing buyers — but not as badly in these swing-state counties
by adminHomes are getting less affordable for buyers all over the country — including in places where the 2024 presidential race could be decided. But market conditions in six key swing counties aren’t quite as bad…
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Free Wi-Fi? Free checked bag? Free snacks? On Spirit? The Florida-based carrier that is practically synonymous with budget air travel in the U.S. said Tuesday that it plans to offer packages for its highest-priced tickets, wrapping…
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Tesla has issued a recall for more than 1.8 million vehicles after it received reports that the hoods on some were unintentionally popping open. According to a document filed with the National Highway Traffic Safety…
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Business
Extreme heat makes flying harder. Airlines and airports say they aren’t sweating it.
by adminIt’s been another summer of record-smashing temperatures and record-smashing air travel. Airports and airlines say they can handle both. U.S. airlines expect to transport 271 million passengers worldwide this summer, up 6.3% from last season,…
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Business
‘Make Bitcoin Great Again’: Trump and GOP’s presence looms over annual crypto gathering
by adminNASHVILLE — Charlene Brown arrived at the first full day of Bitcoin 2024 at the Music City Center convention complex with two signs in hand: “Orange Man Good” and “Bitcoin Don.” Similar symbols of a recent…
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Warner Bros. Discovery sued the National Basketball Association on Friday as it tries to maintain broadcast rights for a package of live games. “Given the NBA’s unjustified rejection of our matching of a third-party offer, we…
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Companies are offering deep discounts this summer, and consumers are cashing in on them. From Amazon to McDonald’s and Best Buy to JetBlue, major brands are ramping up efforts to get price-pressured customers to keep…
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Business
Chipotle says restaurants will give bigger servings after complaints over measly portions
by adminTired of measly Chipotle bowls? The company’s CEO said Wednesday all restaurants will serve bigger portions following social media complaints against the Mexican grill chain over smaller servings. Brian Niccol, the head of the company,…