CHICAGO—United Airlines Holdings on Tuesday reported a smaller quarterly loss than a year ago, but a resurgence in coronavirus cases slowed bookings and drove up cancellations, upending the carrier’s plan to return to profit. Chief Executive Scott Kirby, however, said recent headwinds the airline has faced are “turning to tailwinds.” United said it expects revenue…
United Airlines Posts Smaller Loss, Sees Recovery From Pandemic Gaining Traction
Nearly Half of San Francisco’s School Board Faces Recall Over Actions During Pandemic
Three members of San Francisco’s Board of Education will officially face a recall early next year after the city’s Department of Election certified the petitions against them. Organizers are trying to remove Board President Gabriela Lopez, Vice President Faauuga Moliga, and Commissioner Alison Collins. Backers argue the board focused on the wrong priorities during the COVID-19…
Brazil Suffers Inflation in the Wake of Pandemic Restrictions and Drought
With inflation hitting 10 percent, Brazilians are dealing with significantly higher electricity and food prices, brought about by the economic consequences of pandemic restrictions and a historic drought. The country’s National Confederation of Commerce of Goods, Services, and Tourism (CNC) published a list of 15 common consumer goods that contributed to the significant inflation rate, which hit double digits as…
Europe at Risk of Higher Inflation; ECB’S PEPP Should End in March: ECB’s Knot
FRANKFURT—Euro zone inflation could exceed expectations in the short and medium term, and this outlook for price growth warrants an end to the European Central Bank’s emergency bond purchases next March, Dutch central bank chief Klaas Knot said on Thursday. Inflation has surged this year on a long list of one-off developments but a growing…
Academic Study Critical of Lockdowns Largely Ignored by Media, Author Says
An academic working paper released in the spring outlining the failures of pandemic lockdown policies has been largely ignored by media, says its author. Douglas Allen, an economics professor at Simon Fraser University, says his study went viral after he posted it in April and he received positive feedback, leading to interviews on podcasts in…
Academic Study Critical of Lockdowns Largely Ignored by Media, Professor Says
An academic working paper released in the spring outlining the failures of pandemic lockdown policies has been largely ignored by media, says its author. Douglas Allen, an economics professor at Simon Fraser University, says his study went viral after he posted it in April and he received positive feedback, leading to interviews on podcasts in…
NTD News Today Full Broadcast (Oct. 12)
Democrat lawmakers searching for a longer-term solution to the debt ceiling saga. What are the options? And the debate rages on over Biden’s $600 IRS disclosure plan. The governor of Texas is banning all vaccine mandates in his state. It comes as many federal and local vaccine mandates are set to go into effect across…
Pandemic Highlights Need for Health-Care Reform, Say Critics
The cancellation of medical procedures during the pandemic reveals inherent problems within the health-care system, prompting advocates to call for a greater role for the private sector or for the government to consider alternative models, while others remain sternly opposed. As in earlier phases of the pandemic, thousands of surgeries were cancelled across Canada again…
Jason Aldean, Aaron Lewis, and Pitbull: Unapologetic and Outspoken
Musicians Jason Aldean, Aaron Lewis, and Pitbull have been pretty vocal and passionate about their beliefs lately, which comes on the heels of a pandemic that killed the live concert industry. It also perhaps signals a watershed moment in conservative-leaning and patriotic musicians standing up for what they believe in. Hosted by the two-time Emmy-nominated…
Fed’s Mester Says US Inflation Mostly Driven by Pandemic-Related Factors
NEW YORK—Both supply-side and demand-side factors are contributing to U.S. inflation right now, but most of the current price changes may be driven by pandemic-related shifts that could subside over time, Cleveland Federal Reserve Bank President Loretta Mester said on Thursday. Policymakers need to distinguish short-term inflationary pressures from inflation that could be longer lasting…
US News
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