House-rich, cash-poor homeowners are tapping their record-high equity to cut their debts
After years of bruising inflation, Americans are carrying more debt than ever before. And more are using their homes to help them dig out. Cash-out refinances, which let homeowners withdraw…
Gov. Maura Healey ready to cut local spending in Massachusetts
Gov. Maura Healey said her budget office is ready to slash millions in legislative earmarks for local projects and will seek the extraordinary power to cut spending across all state…
JetBlue to cut flights as economic uncertainty led to ‘softened travel demand’
JetBlue (JBLU) is sounding the alarm on weakening consumer travel demand. In an internal memo obtained by Yahoo Finance, CEO Joanna Geraghty told employees it is “unlikely” that it will…
Ryanair warns air travel tax rises mean 10% of its UK flights could be cut
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Ryanair has warned it may cut the number of flights…
Will The Fed Make An Emergency Rate Cut?
Can the U.S. economy continue chugging along with interest rates at the highest level in two decades? It’s a question rattling throughout financial markets following July’s weak jobs report and…
American Airlines flight hit speed of sound and cut nearly an hour off flight
Some fortunate travellers likely ended up where they needed to be a fair bit earlier than intended. Travelling long distance can be a bit of a pain sometimes. Firstly there…