In his latest book, investor Ruchir Sharma takes a hard look at who’s getting left out of the American dream and why.
On-again, off-again stimulus talks are impacting the entire economy, but airlines are usually a special case. Here’s why.
Amtrak is planning to scale back many of its long-distance routes.
The industry is warning of a massive wave of layoffs if lawmakers don’t extend funding before Oct. 1.
The deal comes with strings attached: For one thing, 30% of the money is going to have to be paid back.
The big U.S. airlines spent almost all of their free cash flow buying back their own shares in the last decade. Now they want government aid.
If the government does bail out airlines and other industries, what might be required of those companies?
Whatever you do, don’t call it a “bailout.”
Did saving the financial system break the political system?
About $80 billion helped save GM and Chrysler, but autoworkers and auto-dependent communities haven't fully recovered.
