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In U.S. oil capital Houston, no cheap fuel bonanza for airlines

January 28, 2016 by · Leave a Comment 

While airlines are in no rush to pass on fuel savings to passengers brought by the collapse in oil prices, the Houston travel market has left them little choice. Airlines serving the U.S. oil capital have resorted to steep discounts to lure newly budget-conscious energy executives back into the air, according to an analysis of ticket prices provided exclusively to Reuters. Crude'

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In U.S. oil capital Houston, no cheap fuel bonanza for airlines

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Fed keeps rates unchanged, wary eye on global markets

January 28, 2016 by · Leave a Comment 

The U.S. Federal Reserve kept interest rates unchanged on Wednesday and said it was “closely monitoring” global economic and financial developments, signaling it had accounted for a stock market selloff but wasn't ready to abandon a plan to tighten monetary policy this year. Fed …

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Fed keeps rates unchanged, wary eye on global markets