Low-cost airlines JetBlue Airways and Spirit Airlines call off $3.8 billion merger. California drivers will soon see more driverless cars on the road. The US military is increasingly relying on AI technology in warfare. Catch up on the latest Economics in the News. More

A preferred monthly inflation gauge registers its highest increase in a year, even as the annual inflation rate maintains its downward trajectory. More

Capital One announced its intention to acquire Discover Financial Services. Many AT&T customers had interruptions in their service last week. The United Kingdom enters into a recession. Catch up on the latest Economics in the News. More

The consumer price index fell, yet a crucial index remained stagnant. The data suggest that taming inflation will require patience. Read HRE's summary and analysis. More