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The Department of Transportation (DOT) announced Friday it is temporarily pausing refund obligations when airlines change flight numbers, easing a rule that treats renumbered flights as cancellations warranting passenger refunds.Regulations put in place by the Biden administration in 2024 noted flights given a different number than the one assigned when a consumer purchased a ticket are considered new flights, with the original considered canceled and refund eligible.The DOT said, effective […]

Younger generations are making riskier investments and spending more recklessly as they give up on the American dream of owning a home, a new study suggests.The research from Northwestern University's Seung Hyeong Lee and the University of Chicago's Younggeun Yoo published in their study, "Giving Up": The Impact of Decreasing Housing Affordability on Consumption, Work Effort, and Investment," showed the sharp decline in housing affordability in recent decades. The duo developed […]

The chairman of the White House National Economic Council said that wealthy Americans are looking to help finance the seed money for the so-called "Trump accounts" for newborns.NEC Director Kevin Hassett said in a Friday appearance on FOX Business Network's "Mornings with Maria" that there has been a surge of interest among wealthy Americans interested in making donations to provide money to help fund the accounts above the government's contribution."Michael Dell […]