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Despite the gloom about grocery costs, food price increases have generally been cooling for months. A central issue has plagued the Biden administration for most of its term: the steep rise in grocery prices. Despite the gloom about grocery costs, food price increases have generally been cooling for months. Image Several economists said they expected to see grocery inflation remain around current rates in the coming months. Grocery inflation remains a major political issueHigh food costs continue to pose a political challenge for the Biden administration.
Persons: Biden, Donald J, Trump, , David Ortega, Ortega, “ We’re, Mr, Jessica Attie, Omair Sharif, Sharif, Kamala Harris, Christopher B, Barrett, Jerlyn, , Heisz Organizations: Bloomberg, Federal Reserve, Investors, Republican, White, Workers, Michigan State University, The New York Times, Agriculture Department, KPMG, Democratic, PepsiCo, Cornell University Locations: Ukraine, Platteville, Wis
New York City has also seen a surge in bicycling since the pandemic caused many to avoid mass transit and ride shares. And the funding for the Streets Plan — more than $900 million — has already been allocated to DOT. The city streets were designed to maximize vehicle speed rather than to get as many New Yorkers around as efficiently and safely as possible. While New York City streets have generally gotten safer since the city adopted its 'Vision Zero' plan in 2014 to eliminate traffic deaths and serious injuries in 2014, progress hasn't been consistent. Advertisement"What New York City can learn is that when you commit to comprehensive bike infrastructure, it works," Elizabeth Adams said.
Persons: Adams isn't, Adams, doesn't, Elizabeth Adams, Kathy Hochul, it's, they're Organizations: Service, Business, Department of Transportation, DOT, Transportation, New York Gov, New Locations: Paris, New York City, New York, London, Manhattan, Cities, Tokyo, York City
“I think we can all relate to this,” White House domestic policy advisor Neera Tanden told reporters Friday. Dubbed the “Time is Money” initiative, the actions will make it easier for consumers to cancel subscriptions, get refunds, submit health care and insurance forms online, and access high-quality customer service. Another existing effort cited by the White House is a June 2023 FTC proposal to target companies that use deceptive customer feedback practices, like fake reviews. None of the actions that make up the “Time is Money” initiative will require congressional approval, a senior administration official said. The White House has pursued aggressive antitrust regulations and taken a highly skeptical approach to crypto currencies, both of which have rankled Wall Street.
Persons: Neera Tanden, , Biden, Kamala Harris, Broad, Harris, ” Tanden, policyholders, Xavier Becerra, Julie Su, Organizations: Biden, House, Democratic, Consumer Financial Protection Bureau, Federal Communications Commission, Federal Trade, FTC, of Health, Human Services, of Labor, Department of Transportation, Republicans, Representatives, White House
They include a proposal to make it easier to cancel subscriptions and memberships. They would also address bad customer service with a rule to make it easier to speak with a human. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . These rules would ensure people are not stuck paying subscriptions they don't want, losing money and time in the process.
Persons: , Joe Biden's Organizations: White, Service, Federal Trade Commission, Department of Transportation, Consumer Financial Protection Bureau, Business
The message to the airline industry: You've had a few too many screwups to be left to your own devices. Over the past couple of years, the Biden administration has introduced a slew of rules and services intended to make airline passengers' lives easier. The airline industry seems to be relatively on board with the refund idea. But there are plenty of other problems with the airline industry that need solving — some the government can take care of, and some the government is causing. Gallup polls suggest more Americans have a negative view of the airline industry than a positive one.
Persons: You've, Bob Mann, William McGee, Joe Biden's, Pete Buttigieg, Biden, pocketbooks, They've, Janet Bednarek, Buttigieg, , it's, It's, Bednarek, McGee, Mann, George Ferguson, wasn't, Emily Stewart Organizations: Boeing, Delta, Department of Transportation, Airlines, American Economic Liberties, Southwest, University of Dayton, Federal Aviation Administration, Airlines for America, Biden, Bloomberg Intelligence, FAA, Gallup, Business
Prior to the company’s demise, it had looked like Europe was poised for something of a night train revolution. Despite this demand, the hurdles for startups like Midnight Train trying to enter the market to meet it remain virtually insurmountable. Formidable obstaclesEuropean Sleeper is one of the few new night train operators to begin services, but the company has struggled to find rolling stock. “Politicians must be clear: the night train market will be effectively closed for a very long time,” he says. With the honorable exception of Nightjet, which plans to expand rapidly over the next five years, European night train services have yet to match the hype.
Persons: Adrien Aumont, Eva Plevier, Alex Halada, , ÖBB, Nick Brooks, , , Bart Biesemans, ” Brooks, Mark Smith, Robert Nemeti Organizations: CNN, Trains, Midnight Trains, Regiojet, Compagnie Internationale des, Orient Express, Getty, Austrian Federal Railways, Reuters, Barcelona, European Union, Swiss Federal Railways, Deutsche Bahn, Italian State Railways, Formidable, EU Locations: Europe, Stockholm, Denmark, Germany, Czech, Czechia, Slovakia, Ukraine, Prague, Croatia’s, Brussels, Amsterdam, Berlin, , France, Barcelona, AFP, Spanish, Paris, Milan, Venice, Florence, Rome, Hamburg, Copenhagen, Madrid, Porto, Edinburgh, Anadolu, Vienna, Austria, Italy, Hungary, Poland, Belgium, Netherlands, Sweden, Sicily, Messina, Europe’s
Bhavish Aggarwal, Chief Executive Officer (CEO) of Ola Cabs and founder of Ola Electric speaks during a press conference ahead of the Initial Public Offer (IPO). Shares of Ola Electric surged 20% in their market debut Friday, valuing the Indian electric vehicle startup at around $4.8 billion. Ola Electric makes electric scooters and only shipped its first product 2½ years ago. This is the trend Ola Electric is trying to tap into as it prepares to deliver its first electric motorbike product in the second half of 2025. Ola Electric has some high-profile investors including SoftBank and Singapore's investment fund Temasek.
Persons: Bhavish Aggarwal, Ola, Ola Electric Organizations: Ola, Reuters, McKinsey & Co, Temasek Locations: Mumbai, India
Trump and JD Vance, Kamala Harris and her allies say, are “weird.”It started with Gov. Tim Walz of Minnesota, now Harris’s running mate. They want to be in your exam room.”Democrats immediately embraced Walz’s characterization of the former president and his running mate. Pete Buttigieg, the secretary of transportation, said Trump was getting “older and stranger.” Gov. Josh Shapiro of Pennsylvania called Trump “weird” at a rally for Harris, as did Senator Chuck Schumer of New York, who also said that Vance was “erratic.”
Persons: Donald Trump, Donald, , , Trump, MAGA, JD Vance, Kamala Harris, Tim Walz, Walz, Pete Buttigieg, Josh Shapiro, Harris, Chuck Schumer, Vance Organizations: Republican Party, Trump, Democratic Party, Gov, Republican, MSNBC, Pennsylvania Locations: America, Minnesota, New York
Boies, hired to lead Delta’s lawsuit against CrowdStrike, said the tech company was “grossly negligent” and was solely responsible for the outage. But Boies called Delta’s IT systems “world class” and claimed Delta’s outage lasted longer because it was so heavily reliant on CrowdStrike and Microsoft. He also disputed the companies’ claims that Delta turned down help and worked around the clock to bring Delta back online. “CrowdStrike also did not work “tirelessly” to help Delta restore its systems,” Boies said. CrowdStrike said Delta ignored its help, and Microsoft said Delta’s mismanagement contributed to the cancellations.
Persons: Delta’s, David Boies, CrowdStrike, Delta, Boies, ’ ”, misstatements, , ” Boies, “ CrowdStrike, , “ CrowdStrike’s, George Kurtz, David DeWalt, DeWalt, Ed Bastian, ” Bastian Organizations: CNN, ” Delta, Microsoft, Delta, LinkedIn, CNBC, , US Department of Transportation Locations: Delta
A Delta Airlines Airbus A319-114 aircraft taxis at Los Angeles International Airport after arriving from Las Vegas on May 5, 2024 in Los Angeles, California. Delta Air Lines on Thursday said last month's CrowdStrike outage and subsequent mass flight cancellations cost it some $550 million and reiterated that it is pursuing damages against the company as well as Microsoft . Delta struggled more than its competitors to recover from the July 19 outage, which took millions of Windows-based machines offline around the world. "Since the incident, our people have returned the operation to an industry-leading position that is consistent with the level of performance our customers expect from Delta." The U.S. Department of Transportation last month said it is investigating Delta's response to the outage and flight cancellations.
Persons: Ed Bastian, CrowdStrike Organizations: Delta Airlines Airbus, Los Angeles International Airport, Delta Air Lines, Microsoft, Delta, U.S . Department of Transportation Locations: Las Vegas, Los Angeles , California, Atlanta
Tim Walz of Minnesota emerged victorious and beat out a slate of candidates. In his post, Shapiro called Walz a "good friend" and "an exceptionally strong addition to the ticket." "It was an honor to be considered in this process, but Walz is a great friend and a great choice. JB Pritzker also praised Walz' Midwestern roots and called the fellow governor a "friend" in his statement, which he posted alongside a photo of the two men. "Governor Tim Walz is a proven leader who brings to public service the big heart and hard work of a Midwesterner," Pritzker wrote on X.
Persons: , Kamala Harris, Tim Walz, Walz, Josh Shapiro, Harris, Shapiro, Sen, Mark Kelly of Arizona, isn't, — Kelly, Gabby Giffords, Andy Beshear, Transportation Pete Buttigieg, Buttigieg, JB Pritzker, Pritzker, Gretchen Whitmer, Roy Cooper of Organizations: Service, Gov, Minnesota, Business, Pennsylvania, Transportation, Democratic, Midwestern Locations: Pennsylvania, Philadelphia, Kentucky, United States, Michigan, Roy Cooper of North Carolina
Travelers wait to board their delayed flight at the Hartsfield-Jackson Atlanta International Airport on July 23, 2024 in Atlanta, Georgia. CrowdStrike 's legal troubles from last month's massive global computer outage deepened on Monday, as the cybersecurity company was sued by air travelers whose flights were delayed or canceled. CrowdStrike said in a statement: "We believe this case lacks merit and we will vigorously defend the company." Delta faces a U.S. Department of Transportation probe into why it needed more time than rivals to recover from the outage. Monday's case is del Rio et al v CrowdStrike Inc, U.S. District Court, Western District of Texas, No.
Persons: CrowdStrike Organizations: Hartsfield, Jackson Atlanta International Airport, Southwest Airlines, Delta Air Lines, Austin, U.S . Department of Transportation, CrowdStrike Inc, Western District of Locations: Atlanta , Georgia, Austin , Texas, Atlanta, Rio et, Western District, Western District of Texas
Ironheart | Moment | Getty ImagesThe summer travel season is in full swing, often bringing more flight delays and cancellations. 'High' season for flight delays and cancellationsMid-June to the end of August typically marks "high season" for flight disruptions, Napoli said. "This summer will see more planes in the skies, frequent bad weather, and increased use of the nation's airspace," according to a Federal Aviation Administration webpage about summer travel. What Taylor Swift's The Eras Tour says about 'passion tourism'5 ways to maximize your vacation days More broadly, airline compensation policies vary for delays and cancellations. A recent spate of delays and cancellations related to a global IT outage was deemed a "controllable" event, for example.
Persons: Eric Napoli, Napoli, Hayley Berg, Biden, Taylor Organizations: Federal Aviation Administration, FAA, U.S . Department of Transportation, Consumers, Finance, Transportation, Airlines, Microsoft, Passengers, Union Locations: U.S, Europe
More than four years after the coronavirus upended life in New York City, some of the most visible vestiges of the pandemic — outdoor dining structures erected outside thousands of restaurants — are facing a deadline that could see many of them razed. Restaurants that currently offer outdoor dining in sheds on sidewalks or in roadways and wish to continue doing so must apply to the city’s new outdoor dining program by Saturday night and comply with new guidelines, which some owners say will be costly. Business owners who do not apply must take down their existing setups or face fines. As of Friday afternoon, more than 1,900 restaurants had applied to take part in the new program, which is known as Dining Out N.Y.C. The volume of applications represented a significant drop from the number of restaurants that applied to take part in the temporary outdoor dining program that sprang up at the height of the pandemic.
Organizations: city’s Department of Transportation Locations: New York City
That decision has afforded her financial freedom — she said she has enough savings to support herself in retirement until she's 110. What's more, she's avoided being sandwiched between caring for children and her parents. In her earlier life, Snyder married her late husband Phil in 1986, and they bought a small ranch in Beaverton, Oregon, where she still lives. While the environment — not money — was the reason she didn't have children, Snyder said it allowed her and Phil more breathing room in their financial and social decisions. AdvertisementAre you sandwiched between caring for your parents and raising your children?
Persons: , Ann Snyder, Snyder, she's, Phil, that's Organizations: Service, Pew Research, Business, Oregon Ballet Theater, University of Iowa, Oregon Department of Transportation, Portland Public Schools, Oregon Department of Human Services, Pew Research Center Locations: American, Beaverton , Oregon, Mount Hood, Ohio, Oregon, Portland
Josh Shapiro of Pennsylvania, considered a frontrunner for the role of Harris' running mate, abruptly canceled a three-event fundraising event in the Hamptons, The New York Times reported. However, Beshear posted on X on Thursday that his father, former Kentucky Gov. pic.twitter.com/GMl611jC5h — Adam Wren (@adamwren) August 1, 2024The search for Harris' running mate is in its final days. The Harris campaign told Politico that Harris would stage her first rally with her running mate in Philadelphia on Tuesday. According to Politico, Harris is preparing for face-to-face interviews with her shortlist, marking the last stage of an expedited vetting process.
Persons: , Kamala Harris, veepstakes, Josh Shapiro, Harris, Manuel Bonder, Shapiro, Shapiro's, Andy Beshear, timetabled, Jacqueline Coleman, Beshear's, Beshear, Steve Beshear, Pete Buttigieg, hasn't, Adam Wren, Pete Buttigieg truncating, GMl611jC5h, Gretchen Whitmer, Tim Walz, JB Pritzker, Arizona Sen, Mark Kelly Organizations: Service, Pennsylvania, Hamptons, The New York Times, Business, Times, Gov, Kentucky Gov, US Department of Transport, Politico, Reuters, NBC, Minnesota Gov, Illinois Gov Locations: Kentucky, Kokomo , Indiana, Indiana, Philadelphia, Illinois, Arizona
Buttigieg isn’t the only politician to exit a Democratic presidential primary with an enduring army of online super fans. “Team Pete” didn’t disappear, but the “veepstakes” reactivated his supporters, said Mike Schmuhl, Buttigieg’s 2020 campaign manager. This week, though, he joined the list of vice presidential hopefuls to cancel a planned event with limited explanation. They reject the idea that America isn’t ready for a major-party ticket featuring both a Black woman and the first out gay vice presidential pick. “I definitely think in my lifetime he will be on a ticket,” said Brandon Neal, a Democratic strategist and senior adviser to the 2020 campaign.
Persons: Pete Buttigieg, , , Kamala Harris, George Hornedo, “ They’ve, they’ve, Pete’s, ” Buttigieg, Harris, Buttigieg’s, Buttigieg, Independent Sen, Bernie Sanders, Andrew Yang’s “ Yang, ” Harris, hyping, Pete ” didn’t, Mike Schmuhl, “ Joe Biden, it’s, Pete, Kamala Harris ”, Joseph Guarino, Pete ”, ” Guarino, Josh Shapiro, Arizona Sen, Mark Kelly, Tim Walz, Pat Ryan, ” Ryan, Biden, He’s, Harris ’, Donald, Trump, MAGA, President Harris, Shapiro, he’s, he’d, Don Beyer, ” Nina Smith, ” Smith, there’s, Brandon Neal, Jamie Gangel, Ali Main Organizations: CNN, Democratic, Fox News, Independent, , Democratic Party, Pennsylvania Gov, Minnesota Gov, Department of Transportation, New York Democrat, House Democrats, Indiana, Virginia Rep Locations: South Bend , Indiana, Iowa, New Hampshire, New York City, Philadelphia, Arizona, Kokomo , Indiana, America, New York, Michigan
The Biden Administration has proposed a rule banning airlines from charging families to sit together. The proposal aims to ensure that parents and caregivers can sit next to young children at no extra cost. Fees to sit together can cost up to $200 per trip, a release form the Department of Transport says. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe Biden Administration proposed a new rule on Thursday that would ban airlines from requiring families to pay extra money to sit next to each other.
Persons: Organizations: Biden Administration, of Transport, Service, Department of Transport, Business
CNN —Airlines would no longer be allowed to charge parents extra fees for their kids to be seated next to them under a new rule proposed by the Biden administration. White House officials say their “fee-free family seating” proposal could potentially save parents up to $200 per round trip flight. Today’s ban on family seating fees could save a family of four as much as $200 per round trip. “We’ll cap service fees on tickets to concerts and sporting events and make companies disclose all fees upfront. And we’ll prohibit airlines from charging up to $50 roundtrip for families just to sit together,” Biden said in 2023.
Persons: Biden, Pete Buttigieg, Buttigieg, Lael Brainard, , Joe Biden, Kamala Harris, Kevin McCarthy, Andrew Caballero, Reynolds, ” Biden Organizations: CNN — Airlines, White, National Economic, Chamber, U.S, Capitol, Getty, , Frontier, JetBlue, Department of Transportation’s, Airlines, America Locations: Washington ,, AFP, Alaska, American
Ed Bastian, chief executive officer of Delta Air Lines Inc., during an interview in New York, US, on Monday, Nov. 7, 2022. Bastian said that he sees 'strong demand' for flights carrying into 2023. Delta Air Lines CEO Ed Bastian said the massive IT outage earlier this month that stranded thousands of customers will cost it $500 million. The airline canceled more than 4,000 flights in the wake of the outage, which was caused by a botched CrowdStrike software update and took thousands of Microsoft systems around the world offline. Other airlines recovered faster, and Delta's cascading disruptions and customer response sparked an investigation by the U.S. Department of Transportation.
Persons: Ed Bastian, Bastian, CNBC's Organizations: Delta Air Lines Inc, Delta Air, Microsoft, U.S . Department of Transportation Locations: New York, Paris
After spending 160 hours on the rails, I think trains are the best mode of transportation. Traveling by train is also one of the most sustainable ways to get around the world. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMore than 24 million travelers have taken an Amtrak train since October 2023, The Wall Street Journal reported in July. This story is available exclusively to Business Insider subscribers.
Persons: I've, Organizations: Service, Amtrak, Street, That's, Business Locations: North America, Europe
CrowdStrike shares fell tumbled 11% on Tuesday to their lowest level of the year following a report that Delta Air Lines hired prominent attorney David Boies to seek damages from the security software vendor. CrowdStrike fell $28.98 to $228.83 as of early afternoon trading. Late Monday, CNBC's Phil Lebeau reported that Delta hired Boies, chairman of Boies Schiller Flexner, to seek compensation from CrowdStrike and Microsoft . No suit has been filed, Lebeau reported, and Delta didn't respond to a request for comment. The Department of Transportation said last week that it's investigating Delta due to the widespread flight disruptions and service failures.
Persons: CrowdStrike, David Boies, CNBC's Phil Lebeau, Boies, Boies Schiller, Lebeau, Harvey Weinstein, Elizabeth Holmes Organizations: Delta Air Lines, Microsoft, Delta, Department of Transportation, U.S, Hollywood
Delta Air Lines has hired prominent attorney David Boies to seek damages from CrowdStrike and Microsoft following an outage this month that caused millions of computers to crash, leading to thousands of flight cancellations. CrowdStrike shares fell as much as 5% in extended trading on Monday after CNBC's Phil Lebeau reported on Delta's hiring of Boies, chairman of Boies Schiller Flexner. On July 19, a software update from CrowdStrike led to a historic outage of Microsoft systems, knocking numerous industries offline. While no suit has been filed, Delta plans to seek compensation from Microsoft and CrowdStrike, Lebeau reported. Insurance startup Parametrix estimated that the CrowdStrike incident resulted in a total loss of $5.4 billion for Fortune 500 companies, not including Microsoft.
Persons: David Boies, CNBC's Phil Lebeau, Boies Schiller, CrowdStrike, Lebeau, Delta hasn't, Harvey Weinstein, Elizabeth Holmes Organizations: Delta Air Lines, Microsoft, Airlines, Department of Transportation, Delta, U.S, Hollywood, Insurance, Fortune
But they need to start now, says Mark La Spisa, a certified financial planner and president of Vermilion Financial. "If they wait until 65 to assess their situation, that's what causes anxiety," La Spisa says. Do a 'financial fire drill'"Starting at age 50, you want to do a financial fire drill every day," La Spisa says. Sign up for long-term care insuranceLong-term care insurance covers a host of services not typically included in regular health insurance. "If you have quality long-term care, you are transferring the risk from yourself to the insurance company," La Spisa says.
Persons: Mark La Spisa, La Spisa, Mark La, Carolyn McClanahan, McClanahan Organizations: Pew Research, Planning Locations: Vermilion, walkable
Airports and airlines say they can handle both. U.S. airlines expect to transport 271 million passengers worldwide this summer, up 6.3% from last season, the Airlines for America trade group has projected. Peter Steffen / picture alliance via Getty ImageThe U.S. Department of Transportation tracks “extreme weather” delays caused by conditions like tornadoes, blizzards or hurricanes but not those due to heat. During extreme heat, the airport urges employees to stay hydrated, take frequent breaks and, if they’re working outdoors, to cool off inside every hour. “Passengers are also encouraged to use the airport’s water stations to stay hydrated in the Arizona heat,” he added.
Persons: It’s, Kevin Burke, Peter Steffen, Harry Reid, , Patrick Smith, Amanda Mazzagatti, Robert Thomas, Smith, they’re, John Trierweiler, PHX Organizations: Airlines, America, Airports, Getty, U.S . Department of Transportation, London’s, Airport, Alaska Airlines, Harry, Harry Reid International, , Embry, Riddle Aeronautical University, Sky Harbor International, Aviation Locations: U.S, America, Hanover, Germany, Europe, Seattle, Portland, California , Texas, Arizona, Louisiana, Las Vegas, Vegas, Daytona Beach , Florida, Phoenix
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