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U.S. Economy

Travel

Travel won’t fully recover this year — but it will get close

Andrew Bacevich -
The World Travel & Tourism Council says the global travel and tourism sector won't fully recover this year — but it will get...
Travel

New reports say business travel isn’t going back to normal — ever

Andrew Bacevich -
The days of high-flying, big-spending business travel may be over for good.As a new report by research company Morning Consult declared: Business travel...
Business

Tesla Gives Consumers a Good Reason to Buy EVs

Jennifer DuBois -
U.S. consumers wanting to buy electric vehicles can smile. Tesla  (TSLA) - Get Free Report and Chief Executive Elon Musk have just made a decision...
Travel

Inflation has peaked — but it’s not returning to pre-Covid levels in 2023, Mastercard says

Andrew Bacevich -
Inflation has already peaked, but it will remain above pre-Covid levels in 2023, said David Mann, chief economist for Asia-Pacific, Middle East and...
Travel

Want to book a flight but pay for it next year? Here’s how it works

Andrew Bacevich -
Travel demand is still picking up, and so are the prices of flight tickets. Surging prices are causing some to cut back on spending,...
Travel

White House hammers economic issues with attack on ‘junk fees’ two weeks out from Election Day

Andrew Bacevich -
The White House is working to assure voters President Joe Biden is doing everything he can to lower the cost of living with...
Travel

The U.S. has a pilot shortage — here’s how airlines are trying to fix it

Andrew Bacevich -
U.S. airlines are facing a severe pilot shortage.Management consulting firm Oliver Wyman estimates the industry is facing a deficit of about 8,000 pilots,...
Travel

U.S. travelers are getting bigger discounts in much of Europe amid favorable euro-dollar exchange rate

Andrew Bacevich -
Mathieu Young/Getty ImagesAmericans traveling to Europe can do so a bit more cheaply these days than in recent years.The U.S. dollar is trading...
Travel

Labor Day weekend air travel surpasses 2019 levels as airlines cap a rocky summer

Andrew Bacevich -
Reagan National Airport near Washington D.C.Leslie Josephs | CNBCThe rocky summer travel season ended on a high note during Labor Day weekend with...
Travel

Travelers should act now to capitalize on a strong dollar for trips abroad, says travel editor: ‘Don’t be too greedy’

Andrew Bacevich -
Glowimages | Glowimages | Getty ImagesIt's a good time to be an American traveling abroad.The value of the U.S. dollar has been at...
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