Spirit Airlines to recall furloughed pilots as it eyes bankruptcy exit

Spirit Airlines to recall furloughed pilots as it eyes bankruptcy exit

A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in Los Angeles, California.  Kevin Carter | Getty Images News | Getty Images Spirit Airlines is calling back all furloughed pilots after higher-than-expected attrition has strained its operation, according to a company memo, which was reviewed…

Read More
Wealth inequality is worse than ever as K-shaped economy widens

Wealth inequality is worse than ever as K-shaped economy widens

The gap between the best and worse off Americans is growing — and economists don’t see an end in sight. The “K-shaped” economy has been top of mind for consumers, corporate leaders, policymakers and investors since the Covid pandemic drastically reshaped Americans’ financial habits almost six years ago. Economists now warn that this two-speed economic…

Read More