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US Economy · United StatesWholesale prices rose far more than expected in July, providing a potential deterrent for the Federal Reserve to lower interest rates in September, a Bureau of Labor Statistics report Thursday showed.
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Wholesale prices rose 0.9% in July, much more than expected
53% Center coverage: 145 sources
Air Canada · CanadaAir Canada said Wednesday it will begin a gradual suspension of flights to allow an orderly shutdown of the country’s largest airline as it faces a potential work stoppage by its flight attendants on Saturday. The airline said the first flights will be cancelled Thursday, with more on Friday and a complete cessation of flying by Air Canada and Air Canada Rouge by the weekend. The union representing around 10,000 Air Canada flight attendants issued a 72-hour strike notice Wednesday. In response, the airline issued a lockout notice.See the Story
Air Canada to begin cancelling flights ahead of possible strike by flight attendants
47% Left coverage: 141 sources
Housing · United StatesThe average rate on a 30-year U.S. mortgage fell this week to its lowest level in nearly 10 months, giving prospective homebuyers a sorely needed boost in purchasing power that could help inject life into a stagnant housing market.See the Story
Average Rate on a 30-Year Mortgage Drops to Lowest Level Since October
78% Center coverage: 65 sources
