Flights of Air China are parked on the tarmac of Beijing Capital International Airport in Beijing, China, March 28, 2016. Kim Kyung Hoon | Reuters BEIJING — Fewer than 6% of U.S. flights to and from mainland China that existed in 2019 have resumed, according to a Nomura report. In contrast, flights between mainland China
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Visitors at the U.S. Capitol in Washington, D.C., on May 24, 2023. Jonathan Ernst | Reuters A tentative deal to raise the debt ceiling limit includes up to $21.4 billion of IRS budget cuts, slashing part of the nearly $80 billion in agency funding enacted last August to boost taxpayer service, technology and enforcement. The
Construction on a real estate development project gets underway near the Bund in Shanghai, China, on May 25, 2023. Future Publishing | Future Publishing | Getty Images BEIJING — New data show China’s massive property sector is still struggling to turn around, despite signs of recovery earlier this year. “In a reversal from April, prices
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Travelers arrive for flights at O’Hare Airport on May 25, 2023 in Chicago, Illinois. Scott Olson | Getty Images Memorial Day air travel surpassed pre-pandemic levels, showing how consumers continue to shell out for trips despite persistent inflation. The Transportation Security Administration screened 9.79 million people from Friday through Monday, up slightly from the holiday
HANGZHOU, CHINA – NOVEMBER 3, 2022 – Visitors visit the Nvidia stand at the 2022 Apsara Conference in Hangzhou, Zhejiang province, China, Nov 3, 2022. May 25, 2025 – Nvidia’s first-quarter earnings beat expectations by a large margin, the company’s second-quarter revenue outlook of $11 billion also beat market expectations, and Nvidia’s forecast of a
Anadolu Agency | Anadolu Agency | Getty Images Federal student loan borrowers hoping for another extension of the pandemic-era payment pause received bad news in the the tentative deal between Republican lawmakers and President Joe Biden to suspend the debt ceiling and avoid default. According to the legislative text of the agreement, the pause on
A potential buyer walks in to view a home for sale during an open house in Parkland, Florida on May 25, 2021. Carline Jean | Tribune News Service | Getty Images Steep competition in the housing market and low supply are heating up home prices again. Nationally, home prices in March were 0.7% higher than
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A waitress delivers sushi orders at Masa Hibachi Steakhouse & Sushi in Silver Spring, Maryland. Bill O’Leary | The Washington Post | Getty Images Warmer weather usually boosts restaurant sales, but diners may hold back for the second straight summer as inflation weighs on consumers’ minds — and wallets. “I think operators are still hopeful
In this article NFLX WBD DIS CMCSA Follow your favorite stocksCREATE FREE ACCOUNT The Disney+ logo is displayed on a TV screen in Paris, December 26, 2019. Chesnot | Getty Images Streaming was supposed to be forever. That was the promise of a digital library of movies and TV shows. Consumers got used to Netflix
Traders react as Federal Reserve Chair Jerome Powell is seen delivering remarks on a screen, on the floor of the New York Stock Exchange (NYSE) in New York City, March 22, 2023. Brendan McDermid | Reuters The market has long been pricing in interest rate cuts from major central banks toward the end of 2023,
These days, many people are worried about paying for college. Less than half of Americans are confident that they’re currently saving enough for future education expenses, according to a recent report by Edward Jones. Checking your 529 college savings balance may not provide much comfort, either. Last year, these popular savings plans took a hit
In this article MS Follow your favorite stocksCREATE FREE ACCOUNT Starbucks opened its 6,000 store in mainland China in September 2022. Bloomberg | Bloomberg | Getty Images BEIJING — Chinese consumer spending won’t return to pre-Covid levels anytime soon, a problem for international brands such as Starbucks, Morgan Stanley said in a report Sunday. Not
“Many of the most common financial mistakes — chasing quick wins, attempting to ‘time the market’, and taking a knee-jerk reaction to market volatility — can all be avoided by taking a longer-term perspective,” one expert tells CNBC Make It. Pekic | E+ | Getty Images Making money mistakes can be scary and seem catastrophic.
In this article CELH SAM HZO PLUG NVDA WEED-CA CROX LEN IFP-CA RH Follow your favorite stocksCREATE FREE ACCOUNT A Citibank sign in front of one of the company’s offices in California. Justin Sullivan | Getty Images Over the past decade, rising household incomes have helped boost the consumer goods sector, providing a great investment
Traders work on the floor of the New York Stock Exchange during morning trading on May 17, 2023 in New York City. Michael M. Santiago | Getty Images A U.S. recession may prevent a steep market downturn in the second half of 2023, according to Michael Yoshikami, founder and CEO of Destination Wealth Management. U.S.
In this article JPM CCF AXP V MA COF DFS BAC WFC C MHI-AU NTFL SSVC TNL TRV JBLU DAL DELTACORP-IN LUV SAVE AAL UAL 9201.T-JP YOU AMZN Follow your favorite stocksCREATE FREE ACCOUNT Have you ever gotten a free flight because of your Delta SkyMiles card? Or maybe you get the advantage of walking
In this article BYDDY ZE594-CN F Follow your favorite stocksCREATE FREE ACCOUNT Ford CEO Jim Farley at a battery lab for the automaker in suburban Detroit, announcing a new $3.5 billion EV battery plant in the state to produce lithium iron phosphate batteries, Feb. 13, 2023. Michael Wayland/CNBC DETROIT — Ford Motor’s largest competition in