These companies are trying to predict when the resilient American consumer will break under rising prices and stop splurging on things like travel and takeout.
Aircraft manufacturers navigate new territory as they become a focus of the U.S.-China trade war. Plus, student visas, credit card debt and the housing market.
Chinese airlines have reportedly been told to stop taking delivery of Boeing jets, and at least two new jets have left the country. It’s one way U.S trade policy could hit airplane makers, which had operated tariff-free since 1980.
The lawsuit alleged that, in the early days of the pandemic, Wells Fargo put hundreds of thousands of mortgages into forbearance — sometimes without the borrowers even knowing it or asking for it.
The price of West Texas Intermediate is hovering around $60 per barrel — not low enough to kill the oil patch, but not generating “Drill, baby, drill!” vibes.