The Federal Reserve has decided to pause its interest rate hikes following months of slowing inflation, saying it “will be patient” with future policy adjustments. The Fed noted that increased household spending and a strong labor market had pushed up economic growth, but that the outlook appears to have become uncertain with the recent drop […]
Olive oil prices have surged over 100% to record highs as demand for the commodity outstrips supply, sparking an increase in cooking oil thefts. In Spain, the country responsible for over 50% of global olive oil production, supplies are particularly affected by the on-going drought. The increased prices have made olive oil a prime target […]
Autoworkers who are striking want to end the practice of paying different wages for the same job. They argue that this practice creates an unfair playing field between workers who may have different levels of experience or education, but are responsible for doing the same job. This discrepancy creates tension and resentment among workers, and […]
Three of the biggest automakers, Ford, General Motors, and Fiat Chrysler, are in a fast-paced battle to dominate the next generation of the auto industry. All three companies are investing heavily in electric vehicles, autonomous driving technology, and mobility solutions, such as ride-hailing and car-sharing. Ford plans on investing $11 billion by 2022 in electrification […]
Auto workers occasionally go on strike at each of the Big Three automakers – Ford, General Motors, and Fiat Chrysler. Strikes typically occur when there is disagreement between the United Auto Workers (UAW) and the automaker over wages, benefits, job security, working conditions, and retirement. In the past few years, UAW strikes at each of […]
, and increase the cost of flights. In addition, they may also make their rewards program more competitive and difficult to earn miles or upgrades. Customers should also expect to see an increase in fees, such as baggage fees, or changes to the boarding process. Finally, Delta may also make changes to its loyalty programs, […]