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Economy

JetBlue adapts flight network to increase profitability and reduce costs

Albert T. Gudmonson

JetBlue Airways is making significant changes to its flight operations as part of a strategy to streamline costs and increase profitability. The airline told staff on Wednesday that it will…

Economy

Trump plans to nominate Paul Atkins as SEC chairman in a cryptocurrency-friendly move

Albert T. Gudmonson

Paul Atkins, CEO of Patomak Global Partners and an expert figure in financial regulation, has been chosen by President-elect Donald Trump to lead the Securities and Exchange Commission (SEC). The…

Economy

Frontier Airlines will introduce first-class seating in the competitive round

Albert T. Gudmonson

Frontier Airlines, one of the world's leading low-cost airlines, is poised to introduce first-class seating as part of a strategic shift aimed at attracting customers seeking greater comfort and personal…

Economy

Job postings rise in October as hiring slows, signaling a cooling job market

Albert T. Gudmonson

The U.S. job market showed mixed signals in October, as job postings increased while hiring fell, according to data released Tuesday by the Bureau of Labor Statistics (BLS). The report,…

Economy

How Black Friday Spending Reflects America's Political Divide After the 2024 Election

Albert T. Gudmonson

A red hat reading “Keep America Great” perched on a Christmas tree during a rally in Michigan in December 2019 symbolized the intersection of politics and culture in the United…

Economy

Scott Bessent is poised to lead the Trump administration's economic policy

Albert T. Gudmonson

Scott Bessent, founder and CEO of Key Square Group LP, has been tapped by President-elect Donald Trump for the crucial role of Treasury secretary. The news has already sparked optimism…

Economy

Trump announces new tariffs on Chinese goods, worsening trade tensions

Albert T. Gudmonson

US-China economic relations are facing new uncertainties after President-elect Donald Trump announced plans to impose an additional 10% tariff on all Chinese imports. The announcement, made on its social media…

Economy

Databricks raises billions in funding, delays IPO amid AI boom

Albert T. Gudmonson

Databricks, one of the world's most valuable private technology companies, is raising billions of dollars in new funding as it chooses to delay its long-awaited public offering, sources familiar with…

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Economy

Examining the Effects of Economic Data Skepticism

Albert T. Gudmonson

In January 2025, the U.S. economy displayed a blend of resilience and new challenges appearing in different sectors.In January 2025, the U.S. economy exhibited mixed signals, reflecting both resilience and…

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Economy

Job Market Obstacles for Recent College Graduates

Albert T. Gudmonson

Lately, the job market for those who have just finished college has become more difficult. Although the country's unemployment rate remains stable at 4.1%, new graduates are facing considerable obstacles…