Economy

Economy
Economy

A global jet fuel shortage is raising the cost of air travel

American flyers still smarting from interminable airport security lines are about to get another shock. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. A looming global jet fuel shortage is expected to hike the cost of air travel and reduce flight schedules, as airlines look to offset rising

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Economy

When will TSA lines go back to normal? Travelers may face delays for days or weeks

Travelers frustrated by long security lines may not see immediate relief, even as Transportation Security Administration officers begin receiving pay again on Monday after working without wages for more than a month during the partial government shutdown. President Donald Trump signed an executive order Thursday directing federal officials to ensure that TSA workers are paid

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Economy

Markets plunge and U.S. oil hits $100 as Trump’s ability to reassure Wall Street hits its limit

President Donald Trump is used to bending financial markets to his will. But with the war in Iran, he may have reached the limit of his ability to do so. On Friday, the S&P 500 closed down 1.7% and notched its fifth-straight weekly decline, its worst stretch since 2022 and a sign of rapidly faltering

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Economy

Judge blocks Trump administration from limiting Anthropic’s contracts with federal government

A federal judge in California has blocked the Trump administration from designating Anthropic as a supply chain risk to national security and cutting off the AI company’s work with federal agencies. Anthropic sued the Defense Department and other federal agencies this month after the Pentagon labeled it a “supply-chain risk to national security.” President Donald

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Economy

Senate agrees to fund DHS, except ICE and CBP, in bid to end extreme airport delays

WASHINGTON — The Senate agreed unanimously early Friday to fund the Department of Homeland Security, but without funding for immigration enforcement and deportation operations. Senators approved the package at 2:20 a.m. by voice vote following a marathon session. The 42-day funding lapse has seen them go without pay, leading many to call out of work

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Economy

Savannah Guthrie returning to ‘TODAY’ in April

“TODAY” co-anchor Savannah Guthrie will return to the NBC morning show on April 6, as investigators continue to search for her 84-year-old mother in Arizona. In her first interview since Nancy Guthrie went missing in February, Savannah Guthrie told Hoda Kotb she believes returning to “TODAY” is “part of my purpose right now” — even

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Economy

Jury finds Meta and YouTube negligent in landmark lawsuit on social media safety

LOS ANGELES — A jury found Meta and YouTube negligent in the design or operation of their social media platforms, producing a bellwether verdict in the first lawsuit to take tech giants to trial for social media addiction. The Los Angeles County Superior Court jury said that Meta’s and YouTube’s negligence were a substantial factor in

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Economy

Nasdaq moves into correction territory as Iran war weighs on markets

U.S. stocks and bonds sold off Thursday and oil continued its weekslong upward trajectory, as optimism faded about possible peace talks or a U.S.-Iran ceasefire. The price of U.S. crude oil rose near $95 per barrel, up more than 4%. International Brent crude rose 5%, to more than $109 per barrel. Since the war started,

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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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