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economy

Inflation remains at 2.4%, Iran war could complicate gas prices

(The Center Square) - Inflation rose 0.3% in February for an overall average of 2.4% over the last 12 months, the same rate as in January. The price of shelter rose by 0.2% in February alongside a 0.4% increase in the price of food. The index for

Cathay says surcharge to rise as fuel prices jump during Mideast war

Cathay says surcharge to rise as fuel prices jump during Mideast war

Hong Kong aviation giant Cathay Pacific said on Wednesday that fuel surcharges would rise after prices soared in March with the outbreak of war in the Middle East. The price of fuel so far this month is double the average of the previous two months, CEO Ronald Lam said at

Airlines in Asia hike fares as Mideast war raises fuel costs

Airlines in Asia hike fares as Mideast war raises fuel costs

Airlines in the Asia-Pacific region, including Qantas, Air India and Cathay Pacific, have hiked fares -- or will soon -- to factor in surging jet fuel prices spurred by war in the Mideast. The average world price of aviation fuel reached $173.91 a barrel on Monday, according to the benchmark

Cathay says surcharge to rise as fuel prices jump during Mideast war

Cathay says surcharge to rise as fuel prices jump during Mideast war

Hong Kong aviation giant Cathay Pacific said on Wednesday that fuel surcharges would rise as prices soared in March after war broke out in the Middle East. The price of fuel so far this month is double the average of the previous two months, CEO Ronald Lam announced at a

CEO of Brazil's Nubank on pending US market entry, Trump, AI: interview

CEO of Brazil's Nubank on pending US market entry, Trump, AI: interview

Nubank CEO David Velez, whose massive Brazil-based digital bank is on the verge of entering the prized US market, hailed a "positive" regulatory climate under President Donald Trump in an interview with AFP. Promising to free users from banking bureaucracy, the company -- which has 131 million clients

LAX OKs hike in fees for Uber, Lyft, taxi, limousine drivers

(The Center Square) – An increase in fees for thousands of ride shares, black cars and limos at LAX was approved Tuesday afternoon. Transportation network companies like Uber and Lyft currently pay $4 in pickup and drop-off fees at Los Angeles International Airport. Transportation charter parties such as limousines and

Lawmakers propose bipartisan commission as debt tops $38 trillion

(The Center Square) – A bipartisan group of U.S. senators is seeking to unite Democrats and Republicans in a collaborative effort to talk about the nation's unsustainable debt. The group proposed the Bipartisan Fiscal Commission Act, which would require a report on how the federal government would stabilize