Economy – Page 2 – Techwen

United Airlines, American Airlines are increasing business-class seats

United Airlines, American Airlines are increasing business-class seats

American Airlines new business-class suite. American Airlines DALLAS — Armed with dollops of caviar and handfuls of Bang & Olufsen headphones, U.S. airlines are duking it out for international business-class dominance. There are even differences between seats in the same cabin. Next week, American Airlines plans to start flying its upgraded business-class “suites” that feature … Read more

Inflation rate slipped to 2.1% in April, lower than expected, Fed’s preferred gauge shows

Inflation rate slipped to 2.1% in April, lower than expected, Fed’s preferred gauge shows

Inflation barely budged in April as tariffs President Donald Trump implemented in the early part of the month had yet to show up in consumer prices, the Commerce Department reported Friday. The personal consumption expenditures price index, the Federal Reserve’s key inflation measure, increased just 0.1% for the month, putting the annual inflation rate at … Read more

Trump could ask Supreme Court to halt tariff block as soon as Friday

Trump could ask Supreme Court to halt tariff block as soon as Friday

U.S. President Donald Trump announcing new tariffs at the White House in Washington, April 2, 2025. Chip Somodevilla | Getty The Trump administration said it may ask the U.S. Supreme Court as soon as Friday to immediately pause a federal court ruling blocking many of President Donald Trump‘s tariffs. The U.S. will seek the “emergency … Read more

Trump advisor Hassett confident tariffs will stay despite judges’ ruling

Trump advisor Hassett confident tariffs will stay despite judges’ ruling

National Economic Council Director Kevin Hassett speaks to reporters at the White House in Washington, D.C., U.S., April 14, 2025.  Kevin Lamarque | Reuters A top economic advisor to President Donald Trump expressed confidence Thursday that court rulings throwing out aggressive tariffs will be overturned on appeal. Kevin Hassett, director of the National Economic Council, … Read more

Elon Musk says Trump’s spending bill undermines the work DOGE has been doing

Elon Musk says Trump’s spending bill undermines the work DOGE has been doing

U.S. President Donald Trump and Tesla CEO Elon Musk, alongside Musk’s son X Æ A-Xii, speak to the press as they stand next to a Tesla vehicle on the South Portico of the White House in Washington, D.C., on March 11, 2025. Mandel Ngan | AFP | Getty Images Elon Musk criticized the Republican spending … Read more

Trump to pardon reality TV stars Todd and Julie Chrisley

Trump to pardon reality TV stars Todd and Julie Chrisley

Reality TV Personalities Julie Chrisley (L) and Todd Chrisley (R) visit Hallmark’s “Home & Family” at Universal Studios Hollywood on June 18, 2018 in Universal City, California. Paul Archuleta | Getty Images President Donald Trump said Tuesday that he will pardon reality television stars Todd and Julie Chrisley, who were convicted of tax evasion and … Read more

Consumer confidence for May was much stronger than expected on optimism for trade deals

Consumer confidence for May was much stronger than expected on optimism for trade deals

Consumer optimism got a much-needed boost in May on hopes for trade peace between the U.S. and China, according to a survey Tuesday. The Conference Board’s Consumer Confidence Index leaped to 98.0, a 12.3-point increase from April and much better than the Dow Jones consensus estimate for 86.0. Much of the positive sentiment, according to … Read more

Southwest Airlines starts charging many flyers to check bags this week

Southwest Airlines starts charging many flyers to check bags this week

Passengers check in for Southwest Airlines flights at Chicago Midway International Airport on Feb. 18, 2025 in Chicago, Illinois. Scott Olson | Getty Images Set your alarm. Southwest Airlines customers have only one day to go before the company starts charging to check bags for the first time in more than half a century. Starting … Read more

GOP senators criticize House budget bill over deficit concerns

GOP senators criticize House budget bill over deficit concerns

Sen. Ron Johnson, R-Wis., is seen in the U.S. Capitol during a series of votes on Thursday, April 3, 2025.  Tom Williams | CQ-Roll Call, Inc. | Getty Images Sen. Ron Johnson said Sunday that he thinks he has enough GOP colleagues on board with his opposition to the House’s “big, beautiful bill” to stall … Read more

Speaker Johnson dismisses deficit worries as bill heads to Senate

Speaker Johnson dismisses deficit worries as bill heads to Senate

U.S. House Speaker Mike Johnson (R-LA) speaks to a reporter, as he leaves for a meeting at the White House on the budget, on the day of the House Rules Committee’s hearing on U.S. President Donald Trump’s plan for extensive tax cuts, on Capitol Hill, in Washington, D.C., U.S., May 21, 2025. Nathan Howard | … Read more