Browsing: Economy
The Biden administration announced new rules that mandate automatic cash refunds for canceled or significantly delayed flights and protect consumers from surprise junk fees in air travel. “These rules will…
The astronomic rise in mortgage rates and spike in home prices over the past year has pushed a key tenet of the American dream out of reach for millions of…
A Swiss Air flight traveling from New York City to Zurich last week had to abort takeoff, averting a “potentially dangerous situation,” the airline confirmed. Flight LX17 from John F.…
Columbia University has told FOX Business on Tuesday that it is “grateful” for Robert Kraft’s “years of generosity and service” after the New England Patriots team owner announced he is…
The U.S. unemployment rate would be higher if the government properly accounted for the recent surge in illegal immigration, according to a new analyst note from Goldman Sachs. The Goldman…
Mortgage rates jumped to the highest level this year, throttling demand among would-be buyers and putting more pressure on the already beleaguered housing market. Mortgage buyer Freddie Mac said Thursday…
A Central Florida Tex-Mex restaurant chain that has locations in four southeastern states has filed for Chapter 11 bankruptcy after closing 11 locations. Tijuana Flats, whose first location was opened…
An “alarming” new study on the future of the labor market puts a spotlight on the lack of employees and a rise in workplace litigation this year. “The report talks…
S&P Global Ratings on Thursday cut key short- and long-term credit ratings for Israel amid the country’s ongoing conflict with Hamas and its recent confrontation with Iran. S&P Global lowered…
Two more insurance companies are ending property insurance coverage in California, adding to the growing list of insurers fleeing the state in what has become an escalating crisis. Tokio Marine…