Category: Business

Airbnb Inc (ABNB.O) said on Wednesday it had recorded a “disproportionate” 31% rise in single-room listings on its platform in the third quarter, as more people sought extra income in the face of a cost-of-living crisis. The company said property Read more

JetBlue Airways Corp (JBLU.O) said on Wednesday it would expand its transatlantic coverage by offering flights to Paris next year, seeking to cash in on robust demand for overseas travel. The transatlantic is the world’s most lucrative travel market and Read more

The average interest rate on the most popular U.S. home loan saw its largest single-week decline since July, dropping back to just below 7%, as signs inflation has passed its peak sent Treasury yields lower, data from the Mortgage Bankers Read more

Peloton Interactive Inc (PTON.O) will start selling its exercise bike and other fitness accessories on e-commerce giant Amazon.com Inc’s UK platform, it said on Wednesday, in an effort to combat slowing demand. The move by the company, which has embarked Read more

Accumulating evidence that prices are slowing, alongside signs of stretched consumer finances and even the recent layoffs in the technology sector, may bolster faith the U.S. economy can escape the current surge of inflation without a major downturn. Fed officials Read more

South African retail sales fell 0.6% year on year in September after rising by a revised 2.1% in August, Statistics South Africa figures showed on Wednesday. On a month-on-month basis, sales were up 0.1%. Sales in the three months to Read more

Elon Musk’s rocket and satellite company SpaceX is in talks about an offering of mostly secondary shares that could value the company at up to $150 billion, representing a 20% increase in valuation, sources said. The offering would be aimed Read more