By most measures, the US economy is doing well — but not when it comes to inflation. Consumer prices rose 8.5% in the year to March. Wages are rising too, though not fast enough to keep up. That means financial stress for many families, especially those on fixed incomes or with meager savings. With midterm elections approaching, President Joe ...

Bloomberg US airlines are facing a pilot shortage that’s complicating efforts to ramp up flights, forcing them to step up training programs, recruit foreign pilots and even replace planes with buses. The industry needs to hire an average of 14,500 new pilots each year until 2030, according to federal labour statistics. But carriers say there’s no way they can bring ...

  Bloomberg A lawyer for US Airways told jurors that Sabre Holdings Corp cost it $299.3 million in overcharges and lost profits, at the start of an antitrust trial in Manhattan. US Airways sued Sabre in 2011 claiming it charged inflated fees for its computerized reservation services, avoided competing over prices and blocked competitors from entering the market. The airline ...