US airfares rise as travelers face higher costs
The AP reports US roundtrip airfares averaged 509.15 in the first half of this year, up about 14 from a year ago, with domestic prices up 2.7 percent. Flight costs outpace inflation as seats shrink and ancillary fees grow, including bag, security, and extra legroom charges increasing overall trip costs.
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New York
U.S
Associated Press
Airlines Reporting Corp
Expedia
Orbitz
Chuck Thackston
Mutual
Bala m
Capincbaa m
CpWidGrlAm
EurPacGrAm
FninvAm
GrthAmAm
IncAmerAm
InvCcoAmAm
Newperspa m
Wamutinvam
Dodge & Cox IntlStk
Dodge & Cox Stock
Fidelity Contra
Fidelity Contrak
Fidelity LowPrintk
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Harbor Intrinstl
Oakmark Intl
PIMCO
Rowe Price
Vanguard
Vanguard MulntAdml
Vanguard PrincpAdm
Vanguard Stgradeact
Vanguard Totet
Vanguard TotBdAdml
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The
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New York probes Ocwen Altisource insurance deals
New York regulator Benjamin Lansky said Ocwen Financial Corp faced an inquiry into force placed insurance practices and a $65 million flow to Altisource Portfolio Solutions. The probe centers on alleged policy recusal breaches by Ocwen chairman William Erbey and related asset sales. Altisource tumbled about 15 percent on the news.
MENTIONED IN THIS ARTICLE
Washington
New York
Ocwen Financial Corp
New York Financial
Benjamin Lansky
Ocwen
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Altisource
Erbey
Securities and Exchange Commission
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Oowen
Department of Financial Services
Federal Housing Finance Agency
Beltline Road Insurance Agency Inc
Beltline
GM Finance subpoenaed by DOJ over subprime auto loans
GM Financial Co said it received a Justice Department subpoena for documents on origination and securitization of subprime auto loans since 2007. The agency is assessing potential Civil FRA violations and a civil suit. GM Financial disclosed the subpoena in an SEC filing dated July 28.
MENTIONED IN THIS ARTICLE
New York
GM Finance
U.S. Department of Justice
General Motors Corp
Justice Department
General Motors Financial Co
Securities and Exchange Commission
LinkedIn Pays Millions in Unpaid Overtime and Damages
LinkedIn Corp paid nearly 6 million dollars in back wages and damages to 359 current and former employees after a Labor Department Wage and Hour Division probe. The payout includes 3.3 million in back wages and 2.5 million in damages across California Illinois Nebraska and New York for overtime and record-keeping violations. The agency found LinkedIn failed to record and pay for all hours worked in a work week and the company agreed to correct the violations and prevent future ones.
MENTIONED IN THIS ARTICLE
LinkedIn Corp
U.S. Labor Department
Tech
California
Illinois
Nebraska
New York
Labor Department
LinkedIn
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Tinue
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the Market IN Review
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