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Air Canada flight attendants defy return-to-work order, forcing airline to delay plans to resume flights
Air Canada said it suspended plans to restart operations on Sunday after the union representing 10,000 flight attendants said it will defy a return to work order. The strike was already affecting about 130,000 travelers around the world per day...
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Fed Chair Jerome Powell may seriously disappoint Wall Street at Jackson Hole
Jason Ma -
All eyes will turn to Federal Reserve Chairman Jerome Powell on Friday, when he is scheduled to deliver a highly anticipated speech at a central bank conference in Jackson Hole, Wyo.The annual event previously has served as an opportunity...
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We still aren’t sure what’s going on with tariffs and inflation — or what will happen next
Jason Ma -
Months after President Donald Trump launched his trade war, economic data continue to give mixed signals on how much tariffs are affecting prices in the U.S.While the consumer price index has ticked higher, it has also consistently come in...
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Putin agreed to let US, Europe offer NATO-style security protections for Ukraine, Trump envoy says
Special U.S. envoy Steve Witkoff said Sunday that Russian leader Vladimir Putin agreed at his summit with President Donald Trump to allow the U.S. and European allies to offer Ukraine a security guarantee resembling NATO’s collective defense mandate as...
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‘Million Dollar Listing’ star used to sling paninis, but now leads a team closing $15 billion in deals—because someone was ‘stupid enough’ to hire...
Fredrik Eklund has made it in U.S. real estate—the Million Dollar Listing New York star has helped close more than $15 billion in sales all across the country. But things looked a lot different just two decades ago when he...
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Government forces Air Canada and flight attendants back to work and into arbitration, after strike strands over 100,000 travelers
Canada’s government forced Air Canada and its striking flight attendants back to work and into arbitration Saturday after a work stoppage stranded more than 100,000 travelers around the world during the peak summer travel season.Federal Jobs Minister Patty Hajdu said now...
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OpenAI staffers to sell $6 billion in stock to SoftBank, other investors
Current and former OpenAI employees plan to sell approximately $6 billion worth of shares to an investor group that includes Thrive Capital, SoftBank Group Corp. and Dragoneer Investment Group, in a deal that values the ChatGPT maker at $500 billion, according...
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Trump’s reciprocal tariffs could be struck down as soon as this month — and the administration is warning of economic apocalypse
Jason Ma -
The Trump administration sees complete disaster for the U.S. economy if its reciprocal tariffs are struck down, revealing its level of concern as a court is expected to issue a critical decision soon.On July 31, a federal appeals court...
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Airfares are surging again after a months-long slump as carriers trim flights to ease a capacity glut
Jason Ma -
The latest consumer price index report showed airfares jumped 4% in July from the prior month, reversing a slump that began early this year. That’s as airlines are reducing the number of flights, easing a capacity glut, while demand...
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Macron names ally Sébastien Lecornu as new French PM
President Emmanuel Macron has named close ally Sébastien Lecornu as new French prime minister, 24 hours after a vote...