Business

(NEW YORK) — U.S. economic growth accelerated over three months ending in June, blowing past economist expectations and rebuking concern about a possible recession. The U.S. gross domestic product grew by a 2.4% annualized rate to finish the first half of 2023, according to government data released Thursday. The results mark an advance from the […]

(NEW YORK) — United Airlines announced Thursday that it is the first U.S. airline to add Braille to its aircraft cabin interiors. The airline has about a dozen planes outfitted with Braille already, and plans to add Braille to its entire mainline fleet of more than 900 planes by 2026. The Braille will help blind […]

(NEW YORK) — Fears of a recession have cast a thundercloud over the economy for many months but forecasters sun-kissed by falling inflation and a robust jobs market have grown optimistic about the U.S. averting a downturn. Gross domestic product data to be released by the federal government on Thursday will show if and how […]

(NEW YORK) — Fears of a recession have cast a thundercloud over the economy for many months but forecasters sun-kissed by falling inflation and a robust jobs market have grown optimistic about the U.S. averting a downturn. Gross domestic product data to be released by the federal government on Thursday will show if and how […]

Alex Wong/Getty Images (WASHINGTON) — U.S. Federal Reserve Chair Jerome Powell told reporters Wednesday that the Fed staff no longer forecasts a recession for the U.S., and there is a chance inflation could return to target without high job losses. In April, the Federal Reserve staff expected the regional bank crisis to tip the economy into […]

(WASHINGTON) — The Federal Reserve raised its benchmark interest rate another 0.25% on Wednesday, reviving its inflation fight despite a significant cooldown of price increases in recent months. The rate hike brought the Fed’s benchmark interest rate to a 22-year high of between 5.25% and 5.5%. Inflation has fallen significantly from a peak last summer, but […]

(NEW YORK) — For couples ready to take that next step together, there’s nothing like planning a wedding — then going into sticker shock after discovering just how much it’s going to cost. The average cost of a wedding in 2022 was about $30,000, according to wedding planning site The Knot. And that figure isn’t […]

(NEW YORK) — If you travel often, you’ve probably heard the rule of thumb, to book during the opposite season — sort of like Christmas in July or buying a winter coat at a deep discount during summer. Experts say the logic is the same for booking holiday flights or a winter getaway for less. […]

(NEW YORK) — Alarm over a possible recession has blared for well over a year, but in recent months a cooldown of inflation alongside resilient job gains has quieted the din. Growing optimism among some forecasters that the economy could avoid a recession altogether, however, faces a pair of tests this week. The Federal Reserve […]

(WASHINGTON) — The Federal Reserve on Wednesday will decide whether to revive an aggressive series of interest rate hikes and may indicate a willingness to soon end its full-throttle inflation fight. Last month, the central bank left its benchmark interest rate unchanged, ending a string of 10 consecutive rate increases that stretched back 15 months. […]