Accounts

RBA keeps cash rate stable at record 0.10%

Despite the the fastest rise in house prices in 32 years, the Reserve Bank of Australia must keep the historically low interest rate of 0.10%, it announced after its monthly meeting on April 6. Good news for first-time homebuyers trying to break into the market and continually encouraging investors to …

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What do we know about student loans? Less than you think

Despite the fact that almost 1 of 5 American adults grapple with student loan debt – a total of $ 1.5 trillion – little is known about the various often treacherous paths borrowers take as they move toward repayment. The landscape remains such a mystery as public data on student …

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Recovery loans of up to £ 10million available for businesses in need of support

State-guaranteed loans of up to £ 10million are to be made to businesses that need support until the end of the year. As announced in the budget last month, Chancellor Rishi Sunak opened the Treasury Stimulus Loan program to revive businesses as old Covid-19 loan programs are set to run …

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Biden’s $ 2T plan sees massive infrastructure investment as Hill’s battle begins

President Joe Biden’s $ 2 trillion infrastructure plan would invest $ 621 billion in transportation infrastructure and be funded by an increase in the corporate tax rate, among other measures. Biden released the U.S. Jobs Plan on Wednesday morning as lawmakers begin efforts to legislate on an infrastructure package in …

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Discount Airlines Taps Stock Market As Investors Bet On Resumption Of Travel

As air travel increasingly shows signs of rebounding from its pandemic low, airlines that focus on offering cheap fares to leisure travelers are capitalizing on the stock market. Frontier Group Holdings Inc.’s initial public offering raised $ 570 million after shares of the Denver-based budget carrier were valued at $ …

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Air France-KLM plans board meeting on refinancing, sources say

PARIS (Reuters) – Air France-KLM’s board of directors is expected to meet on Monday to discuss a state-backed refinancing plan to strengthen its balance sheet after a year of coronavirus shutdowns, two said on Friday. sources close to the case. An Air France Airbus A350 plane lands at Roissy Charles-de-Gaulle …

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Can companies deny you entry if you don’t have a vaccination passport?

As more Americans get vaccinated against COVID-19 and the economy begins to reopen, some businesses are requiring proof of vaccination to enter their premises. After your first vaccine, you receive a card issued by the Centers for Disease Control and Prevention. Miami Heat basketball team, for example, asks some of …

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Western Global Airlines pilots join union

The National Mediation Council on Tuesday certified the Airline Pilots Association as the negotiating representative of the 180 pilots of the all-cargo carrier Western Global Airlines. The pilots were previously not represented. Sixty-nine percent of the attendees voted to join the world’s largest pilots union. Western Global Airlines, based in …

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Airlines Offer Crown Jewel Loyalty Programs To Bond Market

When the coronavirus pandemic brought travel to a halt, airlines turned to whatever sources of funding they could find – even their previously untouched loyalty programs. Whether this is a positive development for the industry depends on who you ask. United Airlines Holdings Inc., Delta Air Lines Inc. and American …

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Relief bill will save tens of thousands of airline and airport jobs

The pandemic relief bill that President Biden signed Thursday afternoon will protect tens of thousands of aviation jobs, providing a lifeline for an industry that is likely to struggle for some time even as vaccinations accelerate. After Congress this week approved the legislation, which includes $ 14 billion for airlines …

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