An inflation gauge closely tracked by the Federal Reserve shows price pressures continue to cool
An inflation gauge closely tracked by the Federal Reserve shows price pressures continue to cool
An inflation gauge closely tracked by the Federal Reserve shows price pressures continue to cool
WASHINGTON — After an extended period of gloom, Americans are starting to feel better about inflation and the economy — a trend that could sustain consumer spending, fuel economic growth and potentially affect President Joe Biden’s political fortunes. A measure of consumer sentiment by the University of Michigan has jumped in the past two months…
Skydance Media CEO David Ellison has made a preliminary offer to buy National Amusements, the holding company of the Redstone family, as a way to take control of Paramount Global, Bloomberg News reported Wednesday. Ellison, son of Oracle founder Larry Ellison, has held discussions with Paramount about merging it with Skydance Media, after he takes…
NEW YORK — British billionaire Joe Lewis, whose family trust owns the Tottenham Hotspur soccer club, pleaded guilty Wednesday to insider trading and conspiracy charges in New York. The 86-year-old businessman entered the plea in Manhattan federal court six months after he was charged in the case. He had been free on $300 million bail,…
Technology has transformed nearly every part of our lives, but one of the most exciting frontiers is personal health. From smartwatches to virtual reality headsets, innovation is giving people unprecedented tools to monitor, manage, and improve their well-being. As we move into 2025, wearables and VR are not just gadgets—they’re becoming essential companions in the…
If what goes up must come down, then the urgent question on the minds of many in Europe is when will interest rates begin dropping? For months, rates have been set at the highest in the European Central Bank’s history. Investors have been betting that the central bank will cut rates quite soon — possibly…
Federal regulators have approved an inspection process that will let airlines resume flying their Boeing 737 Max 9 jetliners, which have been grounded since a side panel blew out of a plane in midflight earlier this month. The head of the Federal Aviation Administration said Wednesday that his agency’s review of the scary incident on…