Saturday , 3 January 2026

Recent Posts

The most-hedged US airlines pay higher fuel prices

Bloomberg Fuel hedging hasn’t translated into lower jet fuel prices for some of the biggest US airlines, even after crude oil rose 17 percent in the fourth quarter. American Airlines Group Inc., United Continental Holdings Inc. and Delta Air Lines Inc., three airlines that stopped fuel hedging, will pay the least for fuel this quarter, according to company projections. Alaska …

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Why surging clothing prices won’t drive US inflation for long

Bloomberg A surge in US apparel costs helped fuel above-forecast inflation for January, sending Treasury yields higher. But the era of markdowns for struggling retailers is far from over. Clothing prices, which account for 3 percent of the consumer price index, jumped 1.7 percent in the biggest monthly gain since 1990, Labor Department data showed. That helped the so-called core …

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ECB puts payments moratorium on crippled Latvian ABLV bank

Bloomberg The European Central Bank declared a temporary moratorium on debit operations in all currencies at ABLV Bank, the Baltic country’s third-biggest lender facing US Treasury enforcement action for alleged links to North Korea. “Temporarily, and until further notice, a prohibition of all payments by ABLV Bank on its financial liabilities has been imposed, and is now in effect,” the …

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