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Super Jumbos Make a Comeback to the Skies as Air Travel Roars Back

Large-sized passenger planes were written off when Covid -19 upended the aviation sector. The world's largest airplane, A380, is now seeing a massive rebound...

Oil Found to Steady as Traders Weigh Demand Outlook and Fed’s Path

Bloomberg News reports that oil steadied in Asia after dropping on Friday by approximately 7%, as the traders weighed the prospects for the higher...

Average Mortgage Rates in the US See the Biggest Weekly Jump in 35 Years.

Mortgage rates surge to their highest in the US in over three decades, intensifying pressure on potential home buyers and calming the housing market. ...

Fed to Lose Money Next Year, Dudley Says with Hiking Rates

Bloomberg News reports that it appears that the Federal Reserve is on the way to losing out the money in the next year as...

Tesla Stock Plunge Has Factors Other Than the Twitter Acquisition

Tesla Inc.'s takeover of Twitter is turning out to be the least of its investor's problems, even as there is an effect on its...

The Biggest Interest Rate Hike by Fed Led to Calls for a Recession on Wall Street.

Looming recession is seen increasingly by analysts in the US after Federal Reserve hiked interest rates Wednesday. The most significant increase in the rates...

Unshakable Conviction to Be the Top Attribute of His Successor, Says Toyota CEO

President and CEO of Toyota Motor Corp., Akio Toyoda, told shareholders during the annual meeting that the company is working on grooming candidates for...

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