The outgoing transportation secretary talks about his record of holding airlines accountable, what might come next and whether to check a bag. (No.)
Category: Prices (Fares, Fees and Rates)
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With Discounts on Offer, Shoppers Seem to Bite
Early data on online spending this week shows consumers are being drawn to discounts. A clearer picture of Black Friday sales, including in-store spending, will emerge in the days ahead.
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Drug Companies Face Hostility as They Hope for Allies Among Trump’s Health Picks
Robert F. Kennedy Jr. and other candidates for top health posts are at odds with the drug industry, setting the stage for tense battles over regulatory changes.
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Inflation concerns loom as Trumponomics revs up
Investors are bracing for the latest data as the president-elect’s economic agenda of cutting immigration and taxes, while raising tariffs takes shape.
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Fed Minutes Show Options Are Open on Interest Rate Cuts
Minutes from a Nov. 6-7 meeting showed that Federal Reserve policymakers saw the labor market stabilizing and signs of economic strength.
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How Trump Could Upend Electric Car Sales
Fewer people will be able to afford electric cars and trucks if President-elect Donald J. Trump and Republicans in Congress eliminate a $7,500 federal tax credit.
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Southwest Airlines Makes Changes, but They Haven’t Been Enough
For decades, the company made money even as other airlines stumbled and went bankrupt. But the carrier has struggled to adapt to changes in air travel.
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New York City Hotel Rates Soar to Record Heights as Holiday Travel Nears
Hotels charged an average of $417 per night in September, the highest monthly rate ever for the city. “I don’t understand how normal people can go there,” one tourist said.
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Biden’s Chief Economist Processes the Election With ‘Confusion, Guilt’
Jared Bernstein, the chair of the White House Council of Economic Advisers, was a leading architect of “Bidenomics.”
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Trump Promised to Halve Energy Costs in 18 Months. Experts Have Doubts.
A president has little control over global oil markets, economists say.
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Ford to Cut 4,000 Jobs in Europe as Electric Vehicle Sales Slow
The American automaker said the cost-cutting measure would help it compete with Chinese rivals in the face of slowing demand for electric vehicles.
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TKTS to Open Booth in Philadelphia, Hoping to Boost Local Theaters
The first domestic TKTS outpost outside New York comes at a time of rising concern about ticket prices and theater economics.