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Economy

Can Binance Save Crypto? The CEO Is Thinking About It

As the world's largest cryptocurrency exchange becomes a target for a lawsuit over the terra-luna crash, Changpeng "CZ" Zhao has no regrets. Source link...

After Layoffs, Crypto Startups Face a ‘Crucible Moment’

In May, the venture capital firm Sequoia circulated a memo among its startup founders. The 52-page presentation warned of a challenging road ahead,...

Airline stocks tumble as economic concerns overshadow travel surge

An American Eagle aircraft taxis as a Southwest Airlines aircraft lands at Reagan National Airport in Arlington, Virginia, January 24, 2022.Joshua Roberts |...

Jerome Powell Races to Catch Up with Inflation

After last Friday’s inflation shocker—the Labor Department announced that consumer prices rose 8.6 per cent in the twelve months to May—it was likely...

American Airlines CEO vows to improve pilot pay as wages at other carriers rise

FILE - American Airlines President Robert Isom speaks at a news conference about the company's new partnership with Alaska Airlines, Thursday, Feb. 13,...

Travelers are upset about rising costs, but most aren’t canceling their plans just yet

Summer travel talk sure isn't what it used to be.Rather than sun, sand and surf, many travel discussions now center on inflation, rising...

U.S. airline bookings slipped again in May with fares 30% higher than 2019

Travelers walk through Terminal A at Orlando International Airport on Christmas Day, Saturday, December 25, 2021.Stephen M. Dowell | Orlando Sentinel | Getty...

Boeing delivers 35 planes in May as it grapples with supply chain problems

A Boeing 737 MAX airplane lands after a test flight at Boeing Field in Seattle, Washington, June 29, 2020.Karen Ducey | ReutersBoeing said...

American Airlines regional carriers hike pilot pay more than 50% as shortage persists

American Airlines Embraer ERJ-145 regional jet aircraft as seen on final approach landing at New York JFK international airport in NY, on February...

Why It’s Impossible to Rent a Car Right Now

Peer-to-peer car-sharing platforms are—cliché though it is—exactly like Airbnb for cars. But, unlike Airbnb, which is currently valued at $78.8 billion, car sharing...

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