Feds Investigate Airlines' Frequent Flier Points Programs

A mysterious spate of bomb threats is crippling India's airlines

India vowed to punish those responsible for hoax bomb threats that have disrupted dozens of flights and caused airlines huge financial losses.

Frontier, Spirit Airlines Revive Merger Talks

The carriers have held early-stage deal discussions, as Spirit continues negotiations with bondholders over possible bankruptcy terms.

Business - The Wall Street Journal - October 23

American Airlines fined $50M for violating disability laws

The U.S. Department of Transportation on Wednesday announced a $50 million fine against American Airlines for its alleged mistreatment of passengers with disabilities, which the department said in ...

American Airlines lifts 2024 profit forecast after sales strategy shift, posts third-quarter loss

American Airlines raised its profit forecast for the year as CEO Robert Isom said the company's sales strategy shift earlier this year is paying off.

Business - CNBC - October 24

Boeing Email to Ethiopian Airlines Sheds Light on a Crash

Newly revealed correspondence indicates that a Boeing senior official counseled that the company could answer a pilot’s safety question, but it did not.

Business - The New York Times - October 24

Ryanair profit drops as airline cuts passenger forecast

European low-cost carrier blames pressure on consumers for fall in fares

Business - Financial Times - 5 days ago

NY Fed: ‘Reserves remain abundant’

Cute new measure of the reserve regime just dropped

World - Financial Times - October 21

Sources: Embiid's participation to be investigated

The NBA is likely to begin an investigation later this week into the Philadelphia 76ers surrounding the player participation of All-NBA center Joel Embiid, sources told ESPN on Wednesday.

Sports - ESPN - October 23

The Bucks are at a tipping point with Giannis

Giannis Antetokounmpo has tiptoed around the idea of leaving Milwaukee before. Here's a "Hot Take We Might Actually Believe": he puts his foot down this season.

Sports - Yahoo Sports - October 23

What is the point of polling?

Voters want precision — unfortunately, political surveys can’t deliver it

Business - Financial Times - 21 hours ago

Police investigating unexplained death of infant

The police received a call concerning the welfare of an infant on Friday afternoon.

Olympic medalist suspended in doping investigation

Olympic silver medalist race walker Koki Ikeda of Japan has been provisionally banned for suspected blood doping

Sports - ABC News - November 1

NBA reopening investigation into Lakers' Hayes

The NBA is reopening an investigation into a 2021 incident involving Lakers center Jaxson Hayes after TMZ published a video of it Saturday.

Sports - ESPN - 5 days ago

Democrats call for investigation into grocery prices

Sen. Elizabeth Warren (D-Mass.) and Rep. Adam Schiff (D-Calif.) are calling on administration officials to investigate Albertsons and other major grocery chains for “predatory practices” they say ...

Politics - The Hill - 5 days ago

Philadelphia Fed’s factory gauge jumps in October

Index rises to 10.3, second straight monthly gain

Business - MarketWatch - October 17

Feds charge fan with arson for flares in Orlando

A man has been charged with "arson of a building that led to personal injuries" after releasing two flares into the stands at an Orlando City match at Inter&Co stadium in Orlando, Florida, federal ...

Sports - ESPN - October 18

Fed Leaders Favor Rate Cuts, But Differ on Pace

Four policymakers agree the central bank should make further rate cuts, though some support a slower, smaller set of reductions.

Business - Inc. - October 22

Fed should beware of wishing on an R-star

US central bank risks reviving inflation if it keeps lowering the federal funds rate in pursuit of a nirvana state

World - Financial Times - October 23

Inflation Cooled Further in September, PCE Index Shows

Overall inflation slowed in September from a year earlier, though some signs of stubbornness lingered under the surface.

Business - The New York Times - October 31

Trump’s victory means fewer Fed rate cuts

“Trump is a president who likes to spend, he was a real-estate developer who loves to borrow. I don’t think he’s shaken either of those ideals,” notes one analyst.

Business - MarketWatch - 2 days ago

Trump Is Inheriting Booming Markets and a Decisive Fed

Stocks and bitcoin are smashing records while the labor market deteriorates, U.S. debt balloons, and housing affordability worsens.

Business - Inc. - 2 days ago

Trump is not expected to try to fire Fed Chair Powell

Federal Reserve watchers don’t think that President-elect Donald Trump will seek to remove Fed Chair Jerome Powell from his post before the central bank chief’s term ends in mid-2026.

Business - MarketWatch - 2 days ago

If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?

The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It extends an uptick in mortgage rates despite expected Federal Reserve rate cuts.

Business - The New York Times - Yesterday

Fed cuts interest rates days after election

The Fed cut interest rates by a quarter of a percentage point.

Here's what changed in the new Fed statement

This is a comparison of Thursday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in September.

Business - CNBC - Yesterday

Fed cuts interest rates as Powell says he will not resign as chair

US central bank lowers target range by a quarter point to 4.5%-4.75%

World - Financial Times - Yesterday

US central bank boss says Trump can't fire him

The US central bank cuts interest rates, as its chairman vows to stay on the job.

The Fed’s Job Is About to Get a Lot Harder

Jerome Powell sees an uncertain path as Trump enters the White House and inflation wavers.

Business - Inc. - Yesterday

Vatican sent children born out of wedlock to America as orphans for adoption

For decades, unwed mothers in Italy were pressured to give up children born out of wedlock. Thousands were sent to America. Now some families are reuniting and looking for answers.

Latest in Feds Investigate Airlines' Frequent Flier Points Programs