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| May 29, 2017

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economy Archives -

U.K. Economy Slows Sharply Ahead of Election, Brexit Talks

April 29, 2017 |

The U.K. economy slowed sharply in the first quarter as consumers pared back spending, a warning sign on growth ahead of a national election in June and the start of Britain’s exit talks with the European Union. What’s News Europe

Markets Send a Worrying Message About the Economy

April 21, 2017 |

Markets are flashing red on growth as investors begin to return to pre-election bets on the “new normal”—a persistently weak economic expansion. What’s News Asia

Basic economy seats are improving American Airlines’ bottom line

April 8, 2017 |

American Airlines’ basic economy fares — those no-frill tickets that offer no upgrades, no cancellations and an extra charge for large carry-on bags — are helping to boost fares for main cabin seats and driving prices higher on competing low-cost carriers.

Those are some of the conclusions from…

L.A. Times – Business

As Eurozone Economy Strengthens, Divisions Within ECB Re-Emerge

March 7, 2017 |

Europe’s economy is accelerating, sparking optimism during a year of contentious politics but also rekindling a war of words between the eurozone’s top monetary officials. What’s News Europe

United and American Airlines to board basic economy passengers last

February 25, 2017 |

To better complete with ultra low-cost carriers, United and American Airlines this week began selling their new “basic economy” seats, a bare-bones fare with almost no extras included.

Not only will the airlines allow no cancellations, upgrades or refunds for basic economy passengers, but the carriers…

L.A. Times – Business

Pence Pledges EU Support on Ukraine, Terror, Economy

February 20, 2017 |

Vice President Mike Pence said the U.S. commitment to the European Union was “steadfast and enduring,” seeking to reassure anxious European leaders. Mr. Pence pledged stepped-up cooperation on terror, the economy and said the U.S. would continue to hold Russia accountable for its actions in Ukraine. What’s News Europe

‘Day Without Immigrants’ Shows Importance to US Economy

February 16, 2017 |

The heart of Philadelphia’s Italian Market was uncommonly quiet. Fine restaurants in New York, San Francisco, and the nation’s capital closed for the day. Grocery stores, food trucks, coffee shops, diners, and taco joints in places like Chicago, Los Angeles, and Boston shut down. The AP reports immigrants around the…

Stronger economy lifts bond yields; stocks stay near record highs

February 15, 2017 |

Bond yields climbed again on Wednesday and U.S. stocks held close to their record highs after more reports showed the economy continues to strengthen. The encouraging data could push the Federal Reserve to raise interest rates sooner rather than later in its gradual move away from record-low rates…

L.A. Times – Business

Greece’s Economy Minister Confident of Reaching Deal With Creditors

February 10, 2017 |

Greece’s economy minister said he is optimistic the country can resolve its deadlock with its international creditors this month over how to fulfil its bailout program, allowing Greece to bring down its borrowing costs and return to bond markets late this year. What’s News Europe

Eurozone Economy on Pace With U.S.

February 1, 2017 |

The eurozone economy kept pace with that of the U.S. for the first time since 2008 last year, and its jobless rate fell to a seven-year low, putting the currency area on a steadier footing at the start of a year clouded by political uncertainty. What’s News Europe