ThemusicalG

U.S. consumer sentiment declined to its lowest level in more than three years and near an all-time low as households' concerns about the economic impact of the government shutdown mounted, according to new data.The University of Michigan's Index of Consumer Sentiment preliminary reading for November was 50.3, well below the 53.2 expected by economists polled by LSEG. That's the lowest level for consumer sentiment reported by the index since a reading of […]

Airline passengers aren't guaranteed refunds for certain flight disruptions. Under rules outlined by the Department of Transportation (DOT), if an airline cancels a flight or makes a major schedule change, passengers are entitled to a refund if they choose not to travel under the new terms. However, if a traveler accepts a significantly delayed or modified flight, or takes an alternative flight offered by the airline, they are not eligible for […]

Secretary of Transportation Sean Duffy told FOX Business on Friday that major U.S. airlines are "going to lose millions of dollars" after the Federal Aviation Administration (FAA) slashed flights at airports around the country due to the ongoing government shutdown. In order to reduce the strain on air traffic controllers, who have been working unpaid since the start of the shutdown over a month ago, triggering staffing issues at airports across the […]