The International Monetary Fund upgraded its growth forecasts and offered a more optimistic outlook for the world economy.
Category: Prices (Fares, Fees and Rates)
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G.M. Profits Hurt by Unsold Electric Vehicles and Strike
The automaker has placed a bet on battery-powered cars, but it has struggled to produce and sell the vehicles in large numbers.
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Economists Predicted a Recession. So Far They’ve Been Wrong.
A widely predicted recession never showed up. Now, economists are assessing what the unexpected resilience tells us about the future.
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PCE, a Key Inflation Measure, Cooled in December
Inflation has been slowing swiftly, and fresh data showed that a core price gauge fell below 3 percent for the first time in years last month.
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Airlines Hoping for More Boeing Jets Could Be Waiting Awhile
The Federal Aviation Administration’s decision to limit Boeing’s production of 737 Max planes could hurt airlines that are struggling to buy enough new aircraft.
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Apple Overhauls App Store in Europe, in Response to New Digital Law
A new E.U. law taking effect in March forced Apple to loosen its grip on the App Store, changes it had long resisted.
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U.S. Economy Grew at 3.3% Rate in Latest Quarter
The increase in gross domestic product, while slower than in the previous period, showed the resilience of the recovery from the pandemic’s upheaval.
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Paris Olympics 2024: What to Expect for Tickets, Hotels and Travel
Want a prime spot to watch 10,000 athletes float by on the Seine or to catch beach volleyball in the shadow of the Eiffel Tower? Get ready for sticker shock.
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Shipping Costs Soar in Wake of Red Sea Attacks
Ships risking Houthi attacks must pay high insurance premiums, while vessels avoiding the region lose time going around Africa.
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Americans’ Economic Confidence Is Returning. Will Biden Benefit?
The White House is embracing a nascent uptick in economic sentiment. It is likely good news — but how it will map to votes is complicated.
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Where Textile Mills Thrived, Remnants Battle for Survival
Apparel makers in the Carolinas say trade policy must change because of a boom in tariff-free shipments to U.S. consumers from foreign manufacturers.