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Southwest Airlines Hit With $140 Million Fine for 2022 Holiday Meltdown That Stranded Millions

Southwest Airlines Hit With $140 Million Fine for 2022 Holiday Meltdown That Stranded Millions

The US Department of Transportation (DOT) has imposed a $140 million civil penalty against Southwest Airlines for numerous violations of consumer protection laws during the December 2022 holiday meltdown.


Goldman Sachs Says 'The Great Disinflation' Is Under Way, Setting the Stage for 5 Eventual Fed Rate Cuts

The chief economist of Goldman Sachs is anticipating the end of the pandemic-era inflation soon, as the world economy has now entered a period of "The Great Disinflation."

5 Easy Ways to Save Money on Holiday Travel

Here's how you can enjoy your holiday travel without worrying too much about your spending! The excitement of traveling and festive gatherings during the holiday season is coupled with the looming concern of overspending and financial strain.

Japan's Nippon Steel to Buy US Steel in a Deal Valued at $14.9 Billion

Japan's Nippon Steel has secured a deal to buy US Steel for $14.9 billion. Japan's Nippon Steel has secured a deal to buy US Steel for $14. 9 billion.


Latest News

Donald Trump Shrugs Off New Record Stock Market High Under Joe Biden
Former President Donald Trump, who once claimed that a Joe Biden presidency would lead to a stock market crash, is now dismissing stock market highs as benefiting the "rich."
Timothee Chalamet Charms Moviegoers as ‘Wonka’ Tops Box Office With $39 Million Debut
The musical extravaganza "Wonka" featuring Timothee Chalamet struck a triumphant high note at the box office, debuting with $39 million in box office sales in the United States and Canadian theaters over the weekend.
Citigroup's Plan to Set up Securities Business in China Faces Delay
Citigroup Inc. is reportedly facing delays in its plans to establish a fully-owned securities business in China.
Donald Trump Civil Fraud Trial: Here's What to Know as Case Nears End
As former President Donald Trump's civil business fraud trial heads toward its conclusion, here's an overview of the things we learned from the proceedings.
US Treasury Department Unveils New Tax Credit Guidelines for Sustainable Aviation Fuel
The US Treasury Department has released the long-awaited guidelines for the Sustainable Aviation Fuel (SAF) tax credits.
Shipping Giants Maersk and Hapag-Lloyd Suspend Red Sea Travel After Houthi Rebel Attacks
Shipping giants Maersk and Hapag-Lloyd have temporarily suspended their container ship travel through the Red Sea and the Bab el-Mandeb Strait in the Middle East, citing security risks.
Chuck E. Cheese Reportedly Taps Goldman Sachs to Help With Potential Sale
Chuck E. Cheese, the popular US restaurant chain that came out from bankruptcy three years ago, is reportedly considering a sale amid acquisition interest.
China's Mixed Economic Data: Industrial Expansion at Fastest Pace Since 2022; Retail Sales Growth Misses Expectations
China has reportedly recorded its fastest industrial expansion since February 2022 in November. China has reportedly recorded its fastest industrial expansion since February 2022 in November, which signals a complex recovery in the world's second-largest economy.
Vladimir Putin Issues Rare Apology for the Price of Eggs as Russia's Inflation Soars
Russian President Vladimir Putin has issued a rare apology for Russia's inflation problem, which resulted in the soaring of egg prices this week.
Canadian musician Grimes has partnered with toy company Curio to launch an AI-powered toy named "Grok."