The central bank will begin removing its support for the economy later this year, Powell said at the Fed’s annual symposium.
Category Archives: business
Peloton says it has been subpoenaed by DOJ, DHS over reporting of treadmill injuries
Peloton also said it is also being investigated by the SEC for its public disclosures related to those injuries.
Poll shows half of U.S. workers favor employee shot mandate
About one-quarter of workers — in person and remote — are opposed to vaccine requirements at their workplaces, The Associated Press-NORC Center for Public Affairs Research poll found.
As highway deaths rise and seat belt use drops, GM rolls out buckle-up feature
The new ‘Buckle to Drive’ system lets a car start, but won’t shift into gear for at least 20 seconds, a delay that could encourage more drivers to belt up.
Ford delays return-to-work program until January due to Covid delta surge
About 130,000 of Ford’s 182,000 employees, primarily in manufacturing, have already returned to work.
Delta Air Lines to hike up health insurance premiums for unvaccinated employees by $200 a month
“The average hospital stay for Covid-19 has cost Delta $40,000 per person,” Delta CEO Ed Bastian said. “In recent weeks, all Delta employees who have been hospitalized with Covid were not fully vaccinated.”
Afghanistan is 'weeks to months' from economic collapse, experts say
Afghanistan’s economy is headed toward collapse without swift action from the international community, experts have warned.
The country’s cash-based
Unfriendly skies: FAA releases PSA after thousands of unruly passengers are reported
The Federal Aviation Administration says there have been 3,988 reports of unruliness this year, more than 2,900 of them about passengers’ refusing to wear masks.
Rapper Lil Nas X appointed chief impact officer of Taco Bell as more brands embrace uninhibited stars
The singer represents “an authentic manifestation of this openness, this irreverence, this rebellion” that brands want to capture, one marketing expert said.
Carnival passenger dies after contracting Covid, the 1st death since cruises resumed in June
The passenger was traveling on a Carnival Vista ship that departed from Galveston, Texas, on July 31 for Belize.