Business

(WASHINGTON) — The Federal Reserve has held interest rates steady at a 23-year high since last July — but a rate cut is widely expected in the coming months. On Wall Street, the outlook for an interest rate cut has shifted from if to when. The central bank will issue its latest interest rate decision […]

(NEW YORK) — Delta Air Lines has reportedly hired a prominent law firm to help the Atlanta-based carrier pursue potential damages from CrowdStrike and Microsoft following the global tech outages that caused a slew of internal computer issues and prompted thousands of canceled flights earlier this month. CNBC first reported that Delta had hired Boies […]

(NEW YORK) — Holland America has created some picture perfect cruise itineraries for travelers with celestial events on their adventure bucket list such as seeing the northern lights or a total solar eclipse from the high seas. The Seattle-based cruise line announced a new slate of celestial cruises on Monday that will take guests to […]

(WASHINGTON) — Former President Donald Trump told the audience at a cryptocurrency conference in Nashville, Tennessee, over the weekend that he wants to turn the U.S. into the “crypto capital of the planet.” The remarks thrust digital currency into the forefront of a presidential campaign in which both major candidates are seeking to draw contrasts […]

(NEW YORK) — They’ve got sleek styling, impressive fuel economy and added power. Hybrids are the hottest vehicles right now and some Americans are struggling to find one. Jeff Buchanan, vice president of vehicle marketing and communications at Toyota, said there’s still a wait list for the newest Prius model, which launched in November of […]

(NEW YORK) — An outage caused by a software update distributed by cybersecurity firm CrowdStrike triggered a wave of flight cancellations at several major U.S. airlines – but the disruption was most severe and prolonged at Delta Airlines. In all, the carrier canceled more than 2,500 flights over a period that stretched from last Friday, […]

Javier Ghersi/Getty Images (NEW YORK) — The U.S. economy grew much faster than expected over three months ending in June, accelerating from the previous quarter and defying concerns about a possible slowdown. U.S. GDP grew at a 2.8% annualized rate over three months ending in September. That figure doubled the annualized rate of growth undertaken […]

(NEW YORK) — The Department of Justice and Boeing have finalized their plea agreement — the manufacturer will plead guilty to conspiracy to defraud the United States and pay a fine of $243.6 million, according to a court filing. Boeing will also serve a three-year term of organizational probation; invest $455 million in compliance, quality […]

(NEW YORK) — Shares of Tesla fell 12% in early trading on Wednesday after an earnings release showed slumping profits in the face of strengthened competition and sluggish sales. The earnings report fell short of Wall Street expectations for profit. “There have been quite a few competing electric vehicles that have entered the market and […]

(NEW YORK) — Delta Air Lines passengers are voicing outrage over the growing chaos with the carrier that has yet to rebound its operations since the global tech outage. The Atlanta-based airline is in its sixth day of flight disruptions leaving ticketed passengers stranded at airports, following the CrowdStrike outage on Friday that impacted industries […]