LAUSANNE, Switzerland (AP) — NBC will now be the champion of Olympic broadcasting in the United States through at least 2036. The International Olympic Committee last week said it signed its long-time American broadcast partner to a $3 billion renewed deal for the 2034 Salt Lake City Olympics and the 2036 Summer Games. The IOC’s [...]
NEW YORK (AP) — Discount carrier Spirit Airlines has emerged from bankruptcy protection. The budget airline — known for its no-frills, low-cost flights on a fleet of yellow planes — last week said that its parent, Spirit Aviation Holdings, exited Chapter 11 after finalizing debt restructuring. The reorganization plan, which received court approval last month, [...]
The average rate on a 30-year mortgage rose last week, ending a seven-week slide that helped lower borrowing costs for home shoppers leading into the spring homebuying season. The rate averaged 6.65 percent last week, up from 6.63 percent the previous week, according to mortgage buyer Freddie Mac. A year ago, it averaged 6.74 percent. [...]
NEW YORK (AP) — Egg prices again reached a record high in February, as the bird flu continues to run rampant, but prices could fall in the coming weeks, according to researchers. The latest monthly Consumer Price Index showed a dozen Grade A eggs cost an average of $5.90 in February, up 10.4 percent from [...]
WASHINGTON (AP) — Wholesale inflation decelerated last month, suggesting that price pressures are easing for now, according to a new federal government report. The Labor Department last week reported that its producer price index — which tracks inflation before it reaches consumers — was unchanged from January after rising 0.6 percent the month before. Compared [...]
Chipmaker Intel has hired former board member and semiconductor industry veteran Lip-Bu Tan as the latest in a succession of CEOs to attempt to turn around a company that helped define Silicon Valley. Tan, 65, will take over the job on Tuesday, more than three months after Intel’s previous CEO, Pat Gelsinger, retired amid a [...]
WASHINGTON (AP) — The FBI is warning Americans not to respond to scam road toll collection texts after receiving more than 2,000 complaints this month. The texts impersonating state road toll collection agencies attempt to get phone users to reveal financial information, such as credit or debit cards or bank accounts. They’re so-called smishing scams, [...]
Core counties in the Houston, Miami and Phoenix metropolitan areas grew more than any others in the country primarily because of people moving in from outside the United States, according to population estimates from the U.S. Census Bureau. Without the international migration, Harris County, Texas; Miami-Dade County, Fla.; and Maricopa County, Ariz., would have had [...]