With fuel costs soaring from the war with Iran, we want to hear how you’re feeling about the U.S. economy.
Category: Prices (Fares, Fees and Rates)
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U.S. Trade Deficit Grew in March
Both exports and imports rose after the Supreme Court struck down many of the president’s highest levies in February.
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Ford Says an Affordable Electric Pickup Truck is Still Coming Next Year
Ford Motor has written off $20 billion in electric vehicle investments but says it is forging ahead with an electric pickup that will sell for $30,000 next year.
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Oil Prices Slide but Remain Elevated as Middle East Tensions Escalate
Oil prices fell, giving back some of the gains from the previous day as attacks in the Middle East raised concerns about the war starting again.
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As Oil Prices Stay High, China Doubles Down on Wind Power
An industrial policy of subsidies and import restrictions laid the foundations for China to become almost as dominant in wind turbines as in solar panels.
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Oil Prices Fall While Stock Futures Inch Up
Oil prices fell and futures on the S&P 500 rose slightly on Sunday as investors reacted to continued uncertainty about the war in Iran.
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Spirit Airlines’ Demise Could Help Other Airlines
Even in its reduced state, the company played an important role in forcing other airlines to keep fares low, some experts said.
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OPEC Plus, in Symbolic Gesture, to Increase Oil Production
The announcement came days after the United Arab Emirates withdrew from the group. The higher output will have little effect on global supplies.
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These Countries Embrace E.V.s to Avoid Oil Price Shocks
People in Costa Rica and other Latin American, Asian and African countries are increasingly buying electric vehicles to avoid spiking fuel prices.
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Spirit Airlines Cancels All Flights, Stranding Passengers
The budget carrier abruptly canceled flights early on Saturday, leaving passengers to rush to make other plans. “Even if they go back into business, never again,” one traveler said.
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Spirit Airlines, a Pioneer of Low-Fare Flights, Shuts Down
Spirit once upended the industry by offering very low fares but was in its second bankruptcy in two years after years of struggle.