Delta Air Lines pilots on Wednesday approved a new contract that includes 34% raises over four years and other improvements as the industry faces a protracted shortage of aviators and strong travel demand. Delta and the pilots’ union had reached a…
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Business
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Mortgage rates moved higher again last week, pushing buyers back to the sidelines just as the spring housing market is supposed to be heating up. Mortgage applications to purchase a home dropped 6% last week…
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Nissan is recalling at least 712,458 vehicles in its Rogue line over an issue with malfunctioning car keys that can inadvertently cause engines to shut off. The recall affects “S” grade trim level Nissan Rogue…
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Business
TD Bank agrees to pay $1.2 billion settlement over alleged role in infamous $7.2 billion Texas Ponzi scheme
TD Bank Group announced Monday that it had agreed to a $1.21 billion settlement relating to its alleged role in a $7.2 billion Ponzi scheme involving disgraced Texas financier Allen Stanford. Under the terms of…
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Business
DeSantis cements takeover of Disney’s special Florida district, and reveals clash with company
As Florida Gov. Ron DeSantis signs into law a bill stripping Disney of its longtime self-governing status in the state, his new book reveals he warned the entertainment giant about its political activities. In “The…
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When pandemic aid that has boosted food-stamp benefits gets cut next week, millions of low-income Americans will confront smaller balances in the accounts they use to pay for groceries, leaving food banks bracing for a…
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One year after Russia invaded Ukraine, many of the largest U.S. companies say their moves to suspend operations or withdraw from Russia remain in effect. An NBC News review of the 30 companies that make…
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A measure the Federal Reserve watches closely to gauge inflation rose more than expected in January, indicating the central bank has more work to do to bring down prices. The personal consumption expenditures price index…
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Two million Cosori brand air fryers are being recalled following hundreds of reports that the machines caught fire and caused burns, the U.S. Consumer Product Safety Commission announced Thursday. A faulty wire connection prompted the…
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Starbucks’ new line of olive oil-infused coffee drinks could disrupt the industry, interim CEO Howard Schultz told CNBC’s Jim Cramer on Tuesday. “This is a transformational moment in the history of our company creating a new…