The Biden administration issued final rules Wednesday to require airlines to automatically issue cash refunds for things like delayed flights and to better disclose fees for baggage or canceling a reservation.
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The lawsuit alleges that Apple has monopoly power in the smartphone market and uses its control over the iPhone to “engage in a broad, sustained, and illegal course of conduct.”
The Justice Department sued to block the merger, saying it would drive up fares by eliminating Spirit, the nation’s biggest low-cost airline.
Senators grilled Ticketmaster Tuesday about its spectacular breakdown last year during a sale of Taylor Swift concert tickets.
On a month-to-month basis, the consumer price index rose just 0.1% in November, down from 0.4% in October.
The Federal Reserve pumped up its benchmark interest rate Wednesday by three-quarters of a point for a fourth straight time but hinted that it could soon reduce the size of its rate hikes.
The stock market fell the most since June 2020 following Wall Street’s humbling realization that inflation is not slowing as much as hoped.