The debt ceiling is attracting a lot more attention, especially after President Donald Trump labeled it a “mess” amid growing tensions within the Republican Party. We should expect the rhetoric to get even more heated in the days and weeks ahead. It is unlikely, however, that this will lead to a technical default by the US or a repeat of …

We’ve had a long run on the current economic expansion, but eventually, another recession will come. A lot of people will lose their jobs, maybe including you. So ask yourself a question: When the time comes, would you rather take a guaranteed 10 percent wage cut, or have a 10 percent chance of becoming unemployed? While they are both just …

Bloomberg A price battle between United Airlines and heavy discounters is spreading to other US carriers, threatening to derail the industry’s nascent recovery in pricing power. Competition that heated up this summer in United’s hub cities of Houston, Chicago and Newark, New Jersey, has extended to American Airlines in Dallas and to other carriers, airline executives said. Passenger revenue for …