People are struggling to pay off their credit card debt even as many trim their spending. The share of credit card balances that are past due reached the highest level ever in the first quarter,…
-
-
Many of America’s largest labor unions have now announced their endorsements of Kamala Harris’ presidential bid, as the vice president intensifies her campaign for the Democratic nomination. Yet some notable union holdouts remain, suggesting Harris…
-
Disneyland employees have reached a tentative deal on a new contract with the company, according to a coalition of unions, averting what would have been the first strike to hit the Southern California theme park…
-
Consumer need for speed in package delivery, which has reached its apex with same-day shipping, has placed retailers in a tough spot when it comes to managing transportation costs. The result is increased competition among…
-
The math seemed impossible, but numbers don’t lie — it was less expensive for Julie Kelley to send her 9-year-old son to seven different summer camps in three states than to enroll him in one…
-
Renewable energy demand will triple over the next seven years as data center growth accelerates to facilitate the proliferation of artificial intelligence, NextEra Energy CEO John Ketchum said Wednesday. NextEra added 3,000 megawatts of renewable and storage…
-
The Federal Aviation Administration said Tuesday it was placing Southwest Airlines under a heightened safety review after a string of recent near-miss safety incidents involving the low-cost carrier. In a statement, the agency said it…
-
Business
Delta Airlines cancellations and delays continue but worst of IT outage impact is over, CEO says
Dozens of Delta Air Lines flights were canceled and more than 200 delayed Wednesday as the Atlanta-based carrier continued to recover from last week’s global CrowdStrike-Microsoft IT outage. But in a statement, Delta CEO Ed…
-
Business
Why an indicator that has foretold almost every recession doesn’t seem to be working anymore
Wall Street’s favorite recession signal started flashing red in 2022 and hasn’t stopped — and thus far has been wrong every step of the way. The yield on the 10-year Treasury note has been lower than most…
-
World News
Beijing and Manila made a deal in the South China Sea. But they’re already at odds over what was agreed
An interim deal to smooth deliveries to Philippine marines marooned on a ship at a hotly disputed reef in the South China Sea appears to be in doubt after Manila and Beijing gave opposing accounts over…