As fans from around the world spent money to witness the kick off of the star’s tour in Sweden, they may have caused the country’s inflation rate to stay higher than expected.
Cryptocurrency firms besieged by the SEC might be lured to friendlier jurisdictions overseas, until they cause scandals that again lead to tighter regulation.
After a year of prolonged negotiations that have led to delays and declines in cargo, the two sides agreed to a new contract with help from the Biden administration.
Inflation is “projected to remain too high for too long,” the central bank said as it raised interest rates by a quarter-point, its eighth consecutive increase.
The European Central Bank raised its key interest rate by a quarter percentage point, pressing ahead with its campaign against high inflation.
Officials didn’t raise rates this week but the Fed chair’s phrasing during a press conference hinted that his default position for now is to raise rates in July.
President Biden will host executives from several companies, including Airbnb and Live Nation, to announce new efforts to end so-called junk fees as inflation remains high.
The company, which sees ad sales as a key growth area, will debut long-form videos on Uber Eats, Drizly and its ride-hailing app.
The union Starbucks Workers United says the chain, after prominently celebrating Pride for years, has banned the displays. The company insists that’s not true and said the examples are an “outlier.”
A Commerce Department report Thursday will detail May sales at stores, restaurants and online.