Jerome H. Powell, the chair of the Federal Reserve, delivered optimistic remarks to Senators as inflation and the job market slow gently.
Category: Prices (Fares, Fees and Rates)
-
F.T.C. Says Middlemen Seem to Drive Up Drug Prices
In a report, the regulator sharply criticized pharmacy benefit managers, a reversal from its longstanding hands-off approach to policing the companies.
-
As the E.V. Revolution Slows, Ferrari Enters the Race
Growth in electric vehicle sales has been slowing, but the Italian luxury carmaker is stepping up investment and setting ambitious targets.
-
June Jobs Report May Hold Clues to Durability of Labor Market
The economy remains solid, but many analysts say that the labor market is in a sensitive place.
-
Investors Bet on Rate Cuts as Recent Data Suggests Slowdown
Markets are expecting the Federal Reserve to make roughly two reductions of a quarter-point each this year.
-
June Jobs Report May Hold Clues to Durability of Labor Market
The economy remains solid, but many analysts say that the labor market is in a sensitive place.
-
Apartments Could Be the Next Real Estate Business to Struggle
Owners of some rental buildings are starting to struggle because of rising interest rates and waning demand in some once booming Sun Belt cities.
-
America’s Divided Summer Economy Is Coming to an Airport or Hotel Near You
The gulf between higher- and lower-income consumers has been widening for years, but it is expected to show up especially clearly in travel this season.
-
New Drug Approved for Early Alzheimer’s
The drug, Kisunla, made by Eli Lilly, is the latest in a new class of treatments that could modestly slow cognitive decline in initial stages of the disease but also carry safety risks.
-
Auto Sales Grew Slightly in Second Quarter
High interest rates, economic uncertainty and a cyberattack appear to have dampened sales in the three months between April and June.
-
The Fed’s Preferred Inflation Measure Cools, Welcome News
The economy appears to be downshifting and price gains are moderating, as Federal Reserve officials creep closer to beating inflation.
-
N.F.L. Ordered to Pay Billions in Sunday Ticket Lawsuit
The case, which cut to the heart of the league’s media strategy, centered on a subscription service that aired out-of-market games for roughly $300 a year.