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Global airline traffic last year rebounds to over half of pre-pandemic levels

reuters | February 6, 2023

By Joanna Plucinska LONDON (Reuters) -Global airline traffic recovered to 68.5% of pre-pandemic levels last year and surged 64.4% from 2021, according to figures published by global aviation body IATA on Monday. Airlines lost tens of billions of dollars in 2020 and 2021 due to the COVID-19 pandemic and saw the first signs of relief […]

Explainer-The Fed says disinflation is welcome. What is that, exactly?

reuters | February 2, 2023

By Ann Saphir WASHINGTON (Reuters) – Financial markets this week latched on to what U.S. Federal Reserve Chair Jerome Powell called “most welcome” disinflation, betting it signals the central bank’s war on high inflation is nearing an end. Powell in fact used the word 15 times during his 45-minute press conference Wednesday – an explosion […]

Recession fears pose challenge to energy shares after stellar year

reuters | January 28, 2023

By Lewis Krauskopf NEW YORK (Reuters) -A potential U.S. recession and tough comparisons to a stellar 2022 are weighing on the prospects of energy stocks delivering an encore to last year’s stunning run, despite valuations that are seen as still comparatively cheap. The S&P 500 energy sector is up 4.2% year-to-date, slightly lagging the rise […]

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