for goods and services, lifting the economy out of a yearlong stagnation,” write Vipal Monga and Sharon Nunn of the Wall Street Journal. The surge in holiday spending, whether driven by discounts, e-commerce, or stimulus checks, aided a broad swath of the economy, from luxury boutiques to shippers hustling to make deliveries. Retail sales in […]
Prices had been increasing for 3.5 years before finally falling last month. This is a significant change as it suggests that the cost of living has finally decreased since it had been rising for a prolonged period. It is unlikely that prices will remain at the lower level, however, and it is possible that they […]
In 2019, the U.S. Environmental Protection Agency and the Department of Justice accused the U.S. engine maker, Cummins, of cheating on emissions tests. The two entities said that the company, which supplies diesel engines to many truck and bus manufacturers, had installed a defeat device on models sold between 2007 and 2018. Under this device, […]
. The recall affects various models of the cars produced in the years 2012-2016. Owners will be notified to bring their vehicles to a dealership to have the defect replaced and repaired for free.
Based on the limited information provided it is impossible to answer this question accurately. In order to answer this question correctly, one would need to know where the homes were located, the prices of the homes, the median income of the area, and the average cost of living in that area.
The Consumer Product Safety Commission has announced a recall for more than 300,000 air fryers sold at Walmart, Target and Kohl’s due to a burn hazard. The information was posted on the CPSC’s website on December 11, 2019. The recalled air fryers are provided by Midea America Corp. and were sold at Walmart, Target and […]
After months of contentious negotiations, Southwest Airlines and the Southwest Airlines Pilots’ Union (SWAPA) have reached a preliminary labor agreement. The union, which represents over 10,000 of the airline’s pilots, declared that it had “reached a consensus” and announced that negotiations will now move to a contract ratification process. The agreement is the culmination of […]
Apple has made a surprise decision to pause some Apple Watch sales before Christmas due to an ongoing patent dispute with a third-party supplier. The pause comes after a federal judge issued a preliminary injunction on November 6th that temporarily prevented any shipments of the device from leaving an Apple supplier in the US. The […]
The development of a new travel system for Europe, which was initially expected to be up and running by 2020, has been delayed again to 2025. The goal of the system is to make it easier for travelers to move around the continent by creating a single set of tickets, fares, and travel documents for […]
. Rental markets across the United States have been experiencing tighter conditions as the demand for rental units continues to increase. Rent increases have been outpacing wage growth, leaving many tenants in a situation where they are paying too much for their housing. However, this may be easing in some markets, with various cities and […]