Businesses are passing along rising costs, which consumers are willing to pay. But can the good times for corporations last? Plus, it’s evolution versus the free market in the antibiotics industry.
Today, economist Mohamed El-Erian discusses where he thinks the central bank went wrong in addressing inflation and where it should go from here. Also, the EU takes aim at app stores.
Retail inventories are up 17% since last year. Today, what it means for consumers. Plus, Colorado River basin states weigh farmer subsidies as a water-conservation strategy.
Companies are grappling with how, and whether, to use Twitter in the Elon era. Plus, unpacking Jay Powell’s image as a “stern father” figure in the Weekly Wrap.
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.
