Economy

Economy
Economy

FAA investigating close call involving United Airlines plane and Black Hawk helicopter in California

Federal authorities are investigating a close call this week involving a military helicopter and a United Airlines plane approaching John Wayne Airport in Santa Ana. United Airlines Flight 589 was approaching the airport in Orange County around 8:40 p.m. Tuesday when a Sikorsky Black Hawk helicopter crossed its path, according to the Federal Aviation Administration.

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Economy

What we know about the LaGuardia plane and fire truck crash

The two pilots killed in the collision between a passenger jet and a Port Authority fire truck at New York’s LaGuardia Airport late Sunday have been identified as Antoine Forest and Mackenzie Gunther. The pair have yet to be officially named by authorities, who have said only that both pilots of the Canada Air Express

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Economy

At least 40% of Russia’s oil export capacity halted, Reuters calculations show

At least 40% of Russia‘s oil export capacity is at a halt following Ukrainian drone attacks, a disputed attack on a major pipeline and the seizure of tankers, according to Reuters calculations based on market data. The shutdown is the most severe oil supply disruption in the modern history of Russia, the world’s second largest

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Economy

Stocks rally, oil prices fall amid talk of Iran ceasefire

U.S. stocks rose Wednesday and global oil prices fell in yet another volatile trading session as traders and investors were buffeted by constant headlines about the war in Iran. News of a 15-point U.S. peace plan proposal sparked hopes early in the day that the Trump administration was moving to end its monthlong war against

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Economy

Trump backs off escalation, but Iran war goes on amid ‘productive’ talks

The clock that was ticking toward a dramatic new escalation in the Iran war may now be counting down to a deal that would end it. That’s the latest stunning turn of events delivered by President Donald Trump’s social media account. Trump announced Monday that he was postponing his threatened military strikes against Iranian power

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Economy

America’s wealth gap is growing, and Trump’s policies are making it bigger

This article is part of “Unaffordable America,” a series examining rising economic inequality in the U.S. and the policies that drive it. How’s the economy? Not bad if you’re rich. Demand for luxury yachts and private jets is surging thanks to last year’s tax law. Sales of $10 million-plus mansions are booming as stocks hit

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Economy

Pentagon will remove media offices after judge reinstates New York Times press credentials

The Defense Department will remove media offices from the Pentagon after a federal judge sided with The New York Times in a lawsuit challenging limits on reporters’ access to the building, a department official announced Monday. An area of the Pentagon known as “Correspondents’ Corridor” that reporters have used for decades to cover the U.S.

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Economy

U.S. stocks rise, oil prices fall after Trump backs off threat to hit Iran’s power grid

U.S. stocks surged Monday, after President Donald Trump announced that he was postponing all military strikes on Iranian power plants for a five-day period. Trump said the U.S. and Iran had engaged in what he called “very good and productive conversations regarding a complete and total resolution of our hostilities in the Middle East.” Reporting

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Economy

Trump rejects off-ramp to fund DHS as airport delays worsen

WASHINGTON — On Sunday, Senate Majority Leader John Thune, R-S.D., discussed an off-ramp with President Donald Trump to reopen TSA and end the long lines and delays at airports. It would fund all of the Department of Homeland Security except for ICE, which Democrats have refused to support without new limitations on immigration enforcement operations,

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Economy

United Airlines says it will boot passengers who refuse to use headphones on planes

Listen up, flyers: United Airlines said it will start removing passengers from flights who refuse to wear headphones while listening to content on their personal devices, and such behavior could lead to a permanent ban. The airline revised its contract of carriage on Feb. 27 to include the new provision, which sits under the ‘refusal

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