Fed Chair Jerome Powell has reiterated the importance of the central bank’s 2% inflation target. But what’s so special about that number? Plus, the hidden costs of school bus delays.
Today, we’ll examine the Federal Reserve’s changing agenda and what it means for lenders and consumers. Plus, a look at the EU’s emissions tax on imports.
Amid the FTX debacle, some question whether the unregulated crypto industry can regain trust. Plus, where inflation is slowing and how remote work is changing holiday travel.
Though inflation seems to be cooling, it may take years to reach the Fed’s 2% target. Plus, wildfires strain government budgets and hurricanes challenge scientific predictions.
Americans keep racking up debt, thanks to inflation and high interest rates. Plus, fine art auctions, eco-friendly plane fuels and packaged food prices.
