Surveillance footage shows people reacting amid smoke at the moment of an attack at King Khalid International Airport in Riyadh, Saudi Arabia, October 10, 2026, in this frame from a handout video. Saudi Ministry of Media | Reuters The Federal Aviation Administration told U.S. airlines to exercise caution when flying in or around Saudi Arabia…
Momo Productions | Digitalvision | Getty Images Open enrollment season is upon us — and that means millions of Americans will soon need to pick their health insurance plan for 2027. The choice can have big financial consequences for households, which, with a few exceptions, are generally locked into their insurance plan for a year…
Robert E. Hall and Michael Woodford were on Monday awarded the Nobel prize in economics for work that underpins the models used by central banks and governments to “smooth out” periods of boom and bust. The U.S.-born pair were jointly awarded for their contribution to the “microeconomic foundations” that contribute to macroeconomic stability. The Sveriges…
Shoppers gather at New Market in Kolkata, India, on September 21, 2026, ahead of the Durga Puja festival. Nurphoto | Nurphoto | Getty Images India’s headline inflation rose to 5.54% in September from 4.82% in August, adding pressure on the country’s central bank to further tighten monetary policy. The consumer price index print was slightly above…
IMF Chief Kristalina Georgieva warned AI is hitting the global labor market like a “slow-moving tsunami,” with young workers entering the job market the most exposed. Source link
Retailers are trimming assortments in an effort to clean up their balance sheets. As shoppers cut spending in the face of high gas and food prices, businesses have pulled more levers to boost profitability and appease investors. During earnings calls this year, a range of retailers have highlighted efforts to reduce the number of items…
The ability of U.S. families to stay current on their debts worsened over the past three years, hitting levels not seen since the aftermath of the global financial crisis, the Federal Reserve reported Friday. In the central bank’s Survey of Consumer Finances, researchers found that while wealth disparities narrowed somewhat, the ability to meet debt…
Fg Trade Latin | E+ | Getty Images More from CNBC’s Financial Advisor 100 Read coverage of CNBC’s 2026 Financial Advisor 100 list, including stories featuring ranked firms and their advisors: Manage income for the ‘ACA cliff’ Changes to adjusted gross income, or AGI, can affect a range of tax benefits, including the premium tax…
Judy Shelton, whose controversial economic ideas led the Senate to block her nomination to the Federal Reserve, has been appointed a counselor to Treasury Secretary Scott Bessent. The Treasury said Shelton will advise Bessent on currency policy, “with a particular focus on evaluating financial conditions in China.” Shelton is not known as a China expert….
A Delta Air Lines’ Airbus A350-900 aircraft is displayed during an unveiling event for Delta’s team USA livery for the Paris 2024 Olympic Games, at the Airbus delivery centre in Toulouse, south-western France on May 2, 2024. Ed Jones | AFP | Getty Images Delta Air Lines CEO Ed Bastian said his carrier is weighing…