ALL THE MONEY NEWS YOU NEED TO KNOW | | | | | | Paul Davidson | Economics and Jobs Reporter
| | | | | Passengers arrive at Dubai International Airport on Oct. 25, 2022. Kamran Jebreili, AP |
Happy Thursday, Daily Money readers! It's Paul Davidson bringing you the day's news. |
Need another telltale sign the pandemic is over? |
Dubai International Airport served 41.6 million passengers the first half of this year – surpassing figures from the first six months of 2019 and about 50% above the same period last year. |
The Dubai airport has long been a reliable barometer for global aviation, though total airport traffic worldwide is still just short of pre-COVID levels, according to the International Air Transport Association. |
Passenger traffic at Dubai this year has been driven by trips to India, Saudi Arabia, the United Kingdom, Pakistan and Russia. |
Economic toll of Maui fires: At least $4B |
The Maui wildfires have caused at least $4 billion in losses, according to a report by Moody's Analytics. |
The wildfires destroyed more than 2,000 structures and resulted in $4 billion to $6 billion in property damage and business interruption. The town of Lahaina was hit hardest. At least three-quarters of the damage is believed to be covered by insurance. |
That total doesn't include another $1 billion in lost economic output. |
At least 115 people died in the Aug. 8 disaster and about 1,000 are still missing, according to Hawaii officials. |
📰More stories you shouldn't miss📰 |
Starbucks is bringing back its popular Pumpkin Spice Latte, along with several other seasonal items for the fall. |
The drink is made with espresso and steamed milk with real pumpkin flavor, as well as cinnamon, nutmeg and clove, and topped with a whipped cream flavored with pumpkin pie spices. It comes hot, cold or blended. |
Other autumn drinks at Starbucks include the Iced Pumpkin Cream Chai Latte and a new Iced Apple Crisp Oatmilk Shaken Espresso. |
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