US consumer prices dip 0.3 percent in November
U S inflation slowed with gasoline prices tumbling 10.5 percent in November and core inflation up 0.1 percent. The Labor Department reported a seasonally-adjusted 0.3 percent drop from October, while 12-month inflation stood at 1.3 percent and core at 1.7 percent.
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Thaw could boost U S Cuba trade and travel
President Obama announced plans to reestablish diplomatic relations with Cuba and ease trade, signaling opportunities for U S farmers energy firms and travel companies. Business leaders foresee fast food franchises and mass stores as Cuba opens, while some critics warn of early restrictions and democratic concerns.
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Travel industry weighs Cuba tourism as ties thaw
The travel sector weighs potential Cuba access after President Obama’s plan to reestablish diplomatic ties. Airlines hotels and cruise lines eye possible openings while U.S. travel remains restricted for most citizens. Industry executives note infrastructure exists and interest grows despite limited current access.
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