For airlines, it still takes a lot to make a little. Tickets cover costs, but baggage fees, seat fees, reservation-change fees and just about every other nickel-and-diming that aggravates customers are what boost the bottom line. Profit per passenger at the seven largest U.S. airlines averaged $19.65 over the past four years
The blacklist is part of China’s efforts to build a “social credit” system and offers a glimpse into the kinds of penalties people deemed untrustworthy might get once it is set up by 2020. Critics have likened the plan to an Orwellian creation or an episode of the TV series “Black Mirror.”
Want a neat narrative? There isn’t one. Stocks buckled, $3 trillion was lost, then just as quickly, roughly half of it came back. Nothing quite explains every little twist and turn. Much of it remains a blur. But there are clues to be gleaned from the behavior of buyers and sellers.
Most borrowers who left college or graduate school owing at least $50,000 in student loans in 2010 had failed to pay down any of their debt four years later, according to a study by the Brookings Institution.
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