The rocky path of inflation back to the Federal Reserve’s 2% target rate reflected in the latest Consumer Price Index figures means that it is likely too soon for the central bank to cut its policy rate in March, Cleveland Fed President Loretta Mester said on Thursday. “I think March is probably too early in my estimation for…
The incident raises prospects of growing conflict in the Middle East, which could impact UK fuel prices.
Comment on this storyComment Add to your saved stories Save The Federal Aviation Administration said Thursday it is launching an investigation into whether aerospace giant Boeing followed rules to ensure that the aircraft it built were safe for operation. “Boeing may have failed to ensure its completed products conformed to its approved design and were…
News Corp announced Thursday that veteran communications advisor Arthur Bochner will become chief communications officer and executive vice president, following the retirement later this year of longtime spokesperson Jim Kennedy. Bochner, who has spent the past decade at Disney, will join News Corp — parent of the New York Post, Wall Street Journal and Dow…
Jan. 11, 2024 12:53 pm ET Federal regulators have formally notified Boeing that it is being investigated following an incident with its 737 MAX 9 plane. The Federal Aviation Administration said Thursday that it had notified Boeing of the investigation, which will determine if the company failed to ensure products were safe and met approved…
The Federal Aviation Administration said Wednesday it is launching a formal investigation into the Boeing 737 MAX 9 after a cabin panel blew off an Alaska Airlines flight while in mid-air last week, forcing an emergency landing. The FAA has grounded 171 Boeing jets installed with the same panel after the landing, most of which are operated by carriers Alaska Airlines and United…
A disgraced former Chinese central banker admitting to making a “huge mistake” after being arrested last year on suspicion of bribery. Fan Yifei, 59, was the highest-ranking official at the People’s Bank of China when he was arrested under President Xi Jinping’s campaign to weed out the “flies and ants” in the financial, energy and…
Netflix has seen subscriptions for its lower-priced advertising tier soar — jumping by 8 million over the past two months, the company said. The streaming giant — which rolled out its Basic With Ads plan for $6.99 a month in November 2022 — has amassed more than 23 million global monthly active users, according to…
The Post Office had prosecution powers and, between 1999 and 2015, it prosecuted 700 sub-postmasters and sub-postmistresses – an average of one a week – based on information from a computer accounting system called Horizon. Another 283 cases were brought by other bodies including the Crown Prosecution Service.
An Atlanta restaurant has taken some hits for adding an unfamiliar fee to its customers’ bills. JenChan’s Pizza and Chinese in Cabbagetown, Georgia, received hate on social media after a customer called out the restaurant’s 4% fee for employees’ health insurance on the bill. The customer posted a photo of the bill on Reddit last month, which showed…
