Business

How US consumers feel ahead of Election Day

The high inflation that has battered Americans’ pocketbooks in recent years remains the top economic issue cited by consumers ahead of Election Day, but U.S. households are expressing more optimism before heading into the voting booth. The Conference Board’s Consumer Confidence Index fell sharply in September, showing the largest decline…

Major airline to spend over 0M to upgrade cabins of long-haul aircraft

Singapore Airlines announced on Monday that its long-haul and ultra-long-haul Airbus A350-900 planes will undergo an interior makeover.  The newly announced retrofitting initiative meant to “redefine the premium travel experience” on the aircraft is expected to be totally done by the end of 2030, the company said. Under the initiative, Singapore Airlines…

Crypto industry election spending tallies at least 8M, surpassing traditional giants

The U.S. cryptocurrency industry has overtaken some traditional big spenders in the 2024 election cycle in a bid to make Washington more favorable toward digital assets. According to an analysis of Federal Election Commission filings by blockchain analytics platform Breadcrumbs and FOX Business, the digital asset industry has raised at least $238 million so far this election cycle from corporate…

Trump dominating over Harris in betting markets ahead of Election Day

While polls show the 2024 presidential race between former President Trump and Vice President Harris is neck and neck ahead of Election Day, the GOP nominee is heavily favored to win in nearly all betting markets. Traders on crypto-based Polymarket, the largest prediction market, saw Trump as having a 58.1%…

Small business uncertaintly hits all-time high ahead of Election Day

Wall Street might be booming, but Main Street is feeling more uncertainty than ever ahead of Election Day, as polling shows the race between former President Trump and Vice President Harris is a dead heat. The National Federation of Independent Businesses’ (NFIB) Uncertainty Index surged 11 points in September to…

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