The Federal Reserve is set this week to raise interest rates for a third time this year to prevent the economy from growing too fast. With President Donald Trump’s trade fights posing a risk to the U.S. economy, however, the ...
Read More »Will American Airlines bar customers from changing a ticket?
American Airlines is threatening to prohibit customers from making changes to nonrefundable tickets if Congress makes good on a proposal to crack down on what critics call unreasonable airline fees. American CEO Doug Parker says that his airline would be ...
Read More »AT&T fires back in bid to preserve Time Warner deal
Fighting to defend its $81 billion takeover of Time Warner from a government challenge, AT&T is arguing the Trump Justice Department has failed to show that the merger will raise prices for pay-TV programming and for the consumers who watch ...
Read More »Carolinas farms could take billions in losses from Florence
Hurricane Florence is testing the resolve of farmers in the Carolinas, who could face billions of dollars in agricultural damage while still feeling the sting from Hurricane Matthew almost two years ago. After the storm’s high winds and rain measured ...
Read More »US home sales were flat in August
U.S. sales of existing homes were unchanged in August, as a shortage of houses priced at less than $250,000 — a level considered to be affordable for the middle class — has become a drag on the real estate market. ...
Read More »Trump’s tariffs put GOP candidates in a bind in rural areas
In the aptly named Harvester Restaurant, wheat farmer Roy Dube makes clear he’s no fan of President Donald Trump’s trade policy. “We get him elected into office and he pulls us out of trade agreements,” Dube said last week as ...
Read More »Appeals court rules for bartenders, waiters in tip fight
Restaurants must pay waiters and bartenders minimum wage when they are engaged in tasks such as cleaning toilets that are unrelated to their main jobs and do not offer tips, a divided U.S. appeals court ruled Tuesday. At issue in ...
Read More »August housing construction up 9.2 pct., but permits slide
U.S. home construction rebounded in August at the fastest pace in seven months but applications for new building permits plunged, sending mixed signals for an industry that has been struggling with rising lumber costs. Housing starts increased 9.2 percent in ...
Read More »Papa John’s new ads: John’s out, diverse franchisees are in
Papa John’s, which wants to distance itself from founder John Schnatter, is releasing new ads that replace him with a diverse group of franchisees. The commercials show several franchisees looking into the camera and introducing themselves to viewers. “You’ve heard ...
Read More »An old problem: Aging pipelines lead to deadly explosions
The natural-gas pipeline in the United States is vast, sprawling across 2.5 million miles in a complex pressurized system that delivers a quarter of the energy consumed nationwide, according to the American Gas Association. Many of the pipes are old, ...
Read More »Official Washington scrambles after Kavanaugh allegations
True or false, a woman’s accusation that Brett Kavanaugh sexually assaulted her in high school buckles what had been a smooth path to a seat on the Supreme Court. Kavanaugh denies it, however, the accuser came back with an offer ...
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