Tag: Recessions and depressions

Moody's credit rating upgrade for Cyprus opens the door to investment, president says

NICOSIA, Cyprus -- Moody’s two-notch upgrade of Cyprus' credit rating to A3 from Baa2 opens the threshold to quality foreign investment that will...

US budget airlines are struggling. Will pursuing premium passengers solve their problems?

DALLAS -- DALLAS (AP) — Delta and United have become the most profitable U.S. airlines by targeting premium customers while also winning back...

Greece to repay chunk of bailout debt early and touts recovery during anger over cost of living

ATHENS, Greece -- Greece will make an early repayment of 5 billion euros ($5.3 billion) in bailout-era debt in 2025, Prime Minister Kyriakos...

Company affiliated with Alex Jones seeks to disqualify The Onion's auction bid on Infowars

A company affiliated with conspiracy theorist Alex Jones asked a federal judge on Monday to disqualify a bid by the satirical news outlet...

Spirit Airlines files for bankruptcy as financial losses pile up and debt payments loom

Spirit Airlines said Monday that it has filed for bankruptcy protection and will attempt to reboot as it struggles to recover from the...

Argentina's monthly inflation drops to 2.7%, the lowest level in 3 years

BUENOS AIRES, Argentina -- Argentina's inflation slowed to 2.7% in October, the lowest level in three years in a win for the libertarian...