Business

Fed Chair Says Central Bank Need Not ‘Hurry’ to Cut Rates

Jerome Powell said that strong economic growth gives Federal Reserve officials room to be patient, and he emphasized the institution’s political independence.Jerome Powell said that strong economic growth gives Federal Reserve officials room to be patient, and he emphasized the institution’s political independence. Banking and Financial Institutions, United States Economy, Presidential Election of 2024, Interest Rates, […]

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FDA Issues Alert on Heart Pump Linked to Deaths

The agency faulted the device maker for delayed notice of mounting complications, citing increasing reports of how use of the device perforated the walls of the heart.The agency faulted the device maker for delayed notice of mounting complications, citing increasing reports of how use of the device perforated the walls of the heart. Medical Devices, Recalls

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How Boeing Favored Speed Over Quality for the 737 Max

Problems have plagued the manufacturer even after two fatal crashes, and many current and former employees blame its focus on making planes more quickly.Problems have plagued the manufacturer even after two fatal crashes, and many current and former employees blame its focus on making planes more quickly. Boeing Company, Boeing 737 Max Groundings and Safety Concerns

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Why It’s So Expensive to Live in Phoenix

Arizona is a presidential election battleground state, and a dire shortage of affordable housing there is sowing economic anxiety among voters.Arizona is a presidential election battleground state, and a dire shortage of affordable housing there is sowing economic anxiety among voters. Real Estate and Housing (Residential), Prices (Fares, Fees and Rates), Affordable Housing, United States Economy,

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A Key Inflation Gauge Hovers Above Fed’s Target

The Fed’s preferred inflation gauge was relatively stable on an annual basis, the latest reminder that bringing inflation down is a bumpy process.The Fed’s preferred inflation gauge was relatively stable on an annual basis, the latest reminder that bringing inflation down is a bumpy process. Prices (Fares, Fees and Rates), Inflation (Economics), Interest Rates, United States

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Those Billion-Dollar Lottery ‘Jackpots’ Aren’t Even Half That Big

The latest enticing lottery prizes are the product of misleading advertising and high interest rates, our columnist says.The latest enticing lottery prizes are the product of misleading advertising and high interest rates, our columnist says. Gambling, Advertising and Marketing, Government Bonds, Interest Rates, Lotteries, Annuities, Inflation (Economics), Content Type: Service, Personal Finances, Multi-State Lottery Assn Read More

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Netflix Co-Founder Reed Hastings’ Utah Ski Resort Is Going Half-Private

The Netflix co-founder bought Powder Mountain, in Utah, and is turning half of it into a private club for wealthy homeowners who pay a hefty annual fee. Will the public-private model fly?The Netflix co-founder bought Powder Mountain, in Utah, and is turning half of it into a private club for wealthy homeowners who pay a

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‘Every Day Is Hard’: One Year Since Russia Jailed Evan Gershkovich

In a notorious high-security prison, Evan Gershkovich of The Wall Street Journal stays connected with supporters through letters as they keep up the pressure for his release.In a notorious high-security prison, Evan Gershkovich of The Wall Street Journal stays connected with supporters through letters as they keep up the pressure for his release. Gershkovich, Evan, United

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Sam Bankman-Fried Sentenced to 25 Years in Prison for FTX Fraud

Mr. Bankman-Fried, who was convicted of stealing $8 billion from customers of his FTX cryptocurrency exchange, faced a maximum sentence of 110 years.Mr. Bankman-Fried, who was convicted of stealing $8 billion from customers of his FTX cryptocurrency exchange, faced a maximum sentence of 110 years. Bankman-Fried, Sam, HK FTX Trading Ltd (Futures Exchange), Virtual Currency, Frauds

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