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| July 23, 2017

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economy Archives -

‘The yellow light is on’: California loses 1,400 jobs as economy shows signs of slowing

July 21, 2017 |

California’s economic engine quieted in June as employers reduced their payrolls by 1,400, according to a report Friday by the state’s Employment Development Department. It was the second month this year that the state lost jobs.

The unemployment rate stayed flat at 4.7%, the lowest rate since…

L.A. Times – Business

Merkel Puts Economy at Forefront of Election Campaign

July 5, 2017 |

German Chancellor Angela Merkel’s conservatives have pledged to achieve full employment by 2025 and cut income tax as part of their platform for the election in September. What’s News Europe

Trump Says He Doesn’t Want ‘Poor People’ to Lead Economy

June 22, 2017 |

President Trump spoke to 6,000 supporters in Cedar Rapids, Iowa Wednesday night at a gathering that strongly resembled one of his raucous campaign rallies—right down to whistle-blowing protesters and chants of “Lock her up” when Hillary Clinton’s name was mentioned. In what is being widely described as a…

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…