Canceled flights continue on Alaska
SEATTLE (AP) — The CEO of Alaska Airlines says the high level of flight cancellations since April will continue through this month. The Seattle Times reports that Ben Minicucci said in a message to employees Thursday evening that stability should return in June.
ND oil production drops below 1 million barrels a day
A new report from the North Dakota Department of Mineral Resources shows the state's oil production has dipped below 1 million barrels a day.
AP Interview: Biden says a recession is 'not inevitable'
President Joe Biden said Thursday the American people are "really, really down" after a tumultuous two years with the coronavirus pandemic, volatility in the economy and now surging gasoline prices that are slamming family budgets. But he stressed that a recession was "not inevitable" and held out hope of giving the country a greater sense of confidence.
Bitcoin drops below $20,000 as crypto selloff quickens
Bitcoin fell below the psychologically important threshold of $20,000 on Saturday for the first time since late 2020, in a fresh sign that the selloff in cryptocurrencies is deepening.
US stocks edge higher ahead of election, inflation data
Even though the Fed has said that it may soon pare back the size of its increases, it is still warning markets that it may ultimately hike rates higher than expected because of just how stubborn high inflation has been.
Small businesses to tackle long list of challenges in 2023
Small businesses face a mix of old and new challenges as 2023 begins. A looming recession, still high inflation and labor woes are a few things small businesses will have to tackle.
Silicon Valley Bank collapse felt worldwide
It was called Silicon Valley Bank, but its collapse is causing shockwaves around the world.
Wall Street drifts ahead of updates on inflation, profits
The S&P 500 rose 0.1% in afternoon trading, coming off just its second losing week in the last eight.
Starbucks gives new CEO huge pay package
Starbucks' incoming CEO could make well in excess of $100 million in his first year with the company under an incentive-laden contract, and he will not be required to relocate from his home in California to Seattle, the home of the global coffee giant.
Wall Street closes its best week of the year
U.S. stocks drifted higher as Wall Street coasted to the close of its best week since November. The S&P 500 rose 0.2% Friday, extending its winning streak to a seventh day.
