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...The US Federal Aviation Administration has launched an investigation, and an audit of Boeing and supplier Spirit AeroSystems found “multiple instances” of failure to comply with manufacturing quality controls...
...Greg Smith, American Airlines chair and a former Boeing finance director, is seen as another potential candidate....
...On Monday, a US federal judge nixed JetBlue’s all-cash buyout for Spirit Airlines, with an equity value of $3.8bn....
...Americans have gorged on billions of dollars of credit card debt over the past three years....
...A US federal judge has blocked JetBlue Airways’ proposed $3.8bn acquisition of Spirit Airlines, in a victory for the Biden administration’s top antitrust enforcer at the Department of Justice....
...Americans held more than $1.1tn on their credit cards at the end of 2023, an all-time high....
...The market reaction came after the Federal Open Market Committee voted unanimously to leave rates unchanged at a 23-year high of 5.25 per cent to 5.5 per cent....
...We hope our fellow American eclipse-watchers emerged with spirits high and without fried corneas....
...The projections leave the Fed on track to begin easing monetary policy around June, offering some relief to Americans who have struggled with a surge in mortgage rates and credit card debt costs....
...jobs, according to Alan Perry, a senior organiser at the GMB union....
...CREDIT: PBS, ABC News Read a transcript of this episode on FT.com...
...The president pledged to enact legislation at the federal level to protect women’s rights to end a pregnancy....
...It took between two and four clicks to find bag fee information on the websites of American, Delta and United, but more than 10 for Spirit and Frontier....
...Bankers Association said in a joint submission to the Federal Reserve, the Federal Deposit Insurance Corporate and the Office of the Comptroller of the Currency who are designing the rules....
...start cutting its benchmark deposit rate from its record high level of 4 per cent in June, there is more doubt over the pace and total amount of policy loosening that will follow — especially if the US Federal...
...Americans are feeling better about the economy, but they just won’t give Biden credit for it, according to a new FT-Michigan Ross poll [free to read]....
...Here’s more from the FT analysis of federal campaign data....
...Monetary policy: Federal Reserve Bank of Atlanta president Raphael Bostic, Federal Reserve Bank of Kansas City president Jeffrey Schmid and Federal Reserve Bank of San Francisco president Mary Daly speak...
...Back in March 2022, EU leaders committed to set deadlines for phasing out export credit to fossil fuels by December 2023....
...Having led Poland between 2007 and 2014, Donald Tusk can take some credit as his nation approaches western European standards of living....
...They don’t want to destroy their lives as Americans. They want power for a better life. And that’s part of what the new American labour movement is about....
...The DoJ also advises federal banking agencies on what impact deals will have on competition....
...Who do Americans blame for high prices?...
...Realignment in American politics has already transformed debates over free trade and free markets, labour unions and family policy, but its impact on fiscal matters is only beginning to emerge....
...Biden on Wednesday visited US Steel’s headquarters in Pittsburgh, and in front of cameras, had a clear message: US Steel should remain “American-owned, American-operated by American union steelworkers —...
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