U.S. airlines are reducing their capacity through the end of the year in a bid to cool an oversupplied domestic market that has led to lower fares and reduced profits despite strong summer travel demand. For passengers, that could mean higher fares are on the way. Over the last week, U.S. airlines…
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign up to receive future editions, straight to your inbox. Family offices are increasingly offering lucrative shares of equity and deal profits to staff amid a…
Homes are getting less affordable for buyers all over the country — including in places where the 2024 presidential race could be decided. But market conditions in six key swing counties aren’t quite as bad as they are in the U.S. as a whole, NBC News’ Home Buyer Index shows.…
Free Wi-Fi? Free checked bag? Free snacks? On Spirit? The Florida-based carrier that is practically synonymous with budget air travel in the U.S. said Tuesday that it plans to offer packages for its highest-priced tickets, wrapping in perks it used to charge for a la carte. It’s a bid to increase…
The Federal Reserve is poised to make the first interest rate cut in years this fall, which can influence mortgage rates to go down. Even small cuts in rates could make a meaningful difference in what a homebuyer will pay. To that point, people in the market to buy a home have been…
Tesla has issued a recall for more than 1.8 million vehicles after it received reports that the hoods on some were unintentionally popping open. According to a document filed with the National Highway Traffic Safety Administration, Tesla said in March that it began to look into reports from drivers in…
At least eight people were stabbed in the northern English town of Southport on Monday, with some of the victims being transferred to a children’s hospital, ambulance officials said. Merseyside Police said it received reports of a stabbing and emergency services were called to a “major incident” in the town…
South Africa’s former President Jacob Zuma has been expelled from the African National Congress (ANC), the party he once led. “Former President Jacob Zuma has actively impugned the integrity of the ANC,” ANC Secretary General Comrade Fikile Mbalula outlined at a press briefing on Monday. “This conduct is irreconcilable with…
One woman sleeps with a knife under her pillow, in the hope she can protect herself against armed men who might storm her house at night. Another was raped “repeatedly for days” along with her four daughters, while her husband and sons were forced to watch. Another was thrown out…
The video is as triumphant as it is gruesome. Rebel fighters, rifles slung over their shoulders, step among more than a dozen bodies strewn across the sand and rocks. Off camera, the pop of gunshots can be heard. The scene is from another battle in the vast deserts of northern Mali…