Friday Economic Headlines – WISH-TV | Indianapolis News | Indiana Weather forecast

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INDIANAPOLIS (WISH) — Here’s a look at Friday’s trade headlines with Jane King.

American Airlines offers big raises to pilots

American Airlines has offered pilots raises totaling nearly 17% under a new contract, according to an internal video seen by CNBC. His proposal includes an increase of 6% at signing, then 5% at the start of 2023 and 2024.

OPEC stays the course with its production policy

OPEC and non-OPEC partners, a group sometimes referred to as OPEC+, concluded a meeting via videoconference and decided to stay the course with its production policy.

This means that the Middle East-dominated group will increase its overall monthly production for August to 648,000 barrels per day.

Back-to-school purchases are expected to decline this year

Cash-strapped consumers are on track to drastically cut back on shopping sprees for kids heading back to school.

Consulting firm Customer Growth Partners says the critical back-to-school shopping season, which kicks off after the July 4 weekend, will grow 5.5% this year, compared to a torrid 13% growth in 2021.

Many adults think schools should teach video games

A new study shows that a majority of adults think video games should be taught in schools.

Video game maker Wargaming and market research firm One Poll have teamed up to carry out the study.

Many respondents credit video games for teaching them critical thinking and communication skills, as well as increasing their creativity and hand-eye coordination.

Buy gas from your dashboard with Apple CarPlay

A new Apple CarPlay feature will let you buy gas from the dashboard.

It allows users to tap an app to access a pump and buy gas directly from an in-car screen, skipping the usual process of inserting or entering a credit card. credit.

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