Category: Business

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The Fed’s Preferred Inflation Gauge Cooled Notably in February

A closely watched measure of price increases provided encouraging news as the Fed considers when to stop raising rates.  » mehr lesen

Just Dept. Sues Norfolk Southern Railroad East Palestine Train Fire

The lawsuit, seeking to claw back cleanup costs under the Clean Water Act, accuses the Georgia-based rail company of putting profits over safety.  » mehr lesen

Are Big Profits Keeping Prices High? Some Central Bankers Are Concerned.

Companies’ rising profit margins could be contributing to persistent inflation, a European Central Bank policymaker says.  » mehr lesen

‘Thousands of Dollars for Something I Didn’t Do’

Because of a bad facial recognition match and other hidden technology, Randal Reid spent nearly a week in jail, falsely accused of stealing purses in a state he said he had never...

Social Security and Medicare Funds Still Face Long-Term Shortfalls, Report Says

Slower economic growth could mean some retirement benefits will be cut sooner than originally forecast.  » mehr lesen

Knitters Say Stitching Helps Them Follow the Thread in Meetings

An official in Wales was called out for knitting in a virtual meeting, setting off an debate over etiquette. Experts say the fine-motor movement activates the parts of the brain used for...

The Fed Is Doing Too Much, All at Once

In its fight against inflation, the Federal Reserve has contributed to the bank failures and economic instability that it is now trying to fix, our columnist says.  » mehr lesen

Has Bitcoin Benefited From the Banking Crisis? Not in the Way Its Fans Hoped.

Bitcoin’s price has soared since banks failed this month, but there’s little evidence that the surge is being driven by investors treating the virtual currency as a financial alternative.  » mehr lesen

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