Federal Reserve Chair Jerome Powell, asked in a private meeting with US lawmakers how much further the central bank will raise interest rates this year, pointed to policymakers’ latest forecasts showing they anticipate one more increase, according to Republican Representative Kevin Hern.
Maker of football, soccer titles sees $200 million in costs from restructuring
US retail sales are expected to reach between $5.13 trillion and $5.23 trillion, growing 4% to 6% by the end of 2023, according to the latest forecast from the National Retail Federation.
JetBlue Airways Corp. is preparing to trim New York flights during the upcoming “very busy” summer travel season after federal regulators asked carriers to reduce schedules by as much as 10% at some of the nation’s busiest airports.
After three months of vacation in Florida, Jair Bolsonaro is finally returning to Brazil on Thursday to assume the role of opposition leader and challenge the leftist government of his foe Luiz Inacio Lula da Silva.
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