Dec 27 Watch 7:42 Buttigieg calls for accountability as Southwest cancellation ‘meltdown’ worsens Blizzard conditions kept planes grounded at airports nationwide this week, with thousands more flights canceled Tuesday. But Southwest Airlines is the focus of passenger anger after it canceled far more flights than any other major carrier. U.S. Secretary of Transportation… Continue watching
Dec 26 Watch 8:05 Millions of ‘unbanked’ Americans lack adequate access to financial services By Paul Solman, Diane Lincoln Estes It's not well known, but about 4.5% of U.S. households are unbanked, meaning no one in the house has a checking or savings account. The rate declined during the pandemic because people opened accounts to receive government stimulus funds. But… Continue watching
Dec 26 Holiday sales rose 7.6 percent despite inflation By Associated Press Holiday sales rose as American spending remained resilient during the critical shopping season despite surging prices on everything from food to rent, according to one measure. Continue reading
Dec 26 Tax credits for electric vehicles are coming. How will they work? By Hope Yen, Tom Krisher, Associated Press Starting Jan. 1, many Americans will qualify for a tax credit of up to $7,500 for buying an electric vehicle. Continue reading
Dec 23 Watch 3:32 News Wrap: House passes $1.7 trillion spending bill avoiding government shutdown In our news wrap Friday, the House of Representatives passed the $1.7 trillion spending bill avoiding a government shutdown, Ukrainian President Volodymyr Zelenskyy is back home in Kyiv after a trip to Washington that helped secure a new $1.8 billion… Continue watching
Dec 23 Stocks unsteady on Wall Street amid mixed economy data By Damian J. Troise, Associated Press Stocks are wavering on Wall Street and headed for weekly losses as investors reviewed mixed news on the economy. Continue reading
Dec 23 Commerce Department inflation gauge shows price increases slowing to 5.5 percent By Paul Wiseman, Associated Press A measure of inflation closely watched by the Federal Reserve slowed last month, another sign that a long surge in consumer prices seems to be easing. Continue reading
Dec 22 Watch 3:54 News Wrap: FTX founder charged with fraud released on $250 million bond In our news wrap Thursday, Sam Bankman-Fried, the founder of cryptocurrency exchange FTX, was released on $250 million bond as he awaits trial on charges of fraud and money laundering, the U.S. economy is showing more signs of strength despite… Continue watching
Dec 22 Watch 6:36 Small retailers find ways to adapt amid pandemic and online shopping convenience By Paul Solman, Mary Fecteau, Maea Lenei Buhre The COVID-19 pandemic has changed the face of retail in cities across the country with small and independent businesses bearing the brunt of closures. And this winter, many have seen a drop in demand from last year. But owners, and… Continue watching
Dec 22 Inflation is a factor behind an increase in holiday procrastinators this year By Anne D'Innocenzio, Associated Press Inflation is driving many consumers to put off their holiday shopping until the last minute. Continue reading