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Investments and Business

The Fed’s preferred measure of inflation shows signs of cooling

Sophie Caldwell

The Federal Reserve's preferred inflation gauge continues to show signs of cooling, accompanied by moderate growth in consumer spending - good news for central banks aiming to control rising prices…

Investments and Business

Boeing in trouble again for sharing details of plane crash investigation

Sophie Caldwell

Boeing is facing new criticism after the disclosure of a January crash involving a 737 Max plane. During a factory visit, a Boeing executive revealed details about missing bolts that…

Investments and Business

Anthony O’Reilly, the Irish tycoon who ran Heinz, has died at the age of 88

Sophie Caldwell

Anthony JF O'Reilly, a charming, ambitious, Irish-born former president of the HJ Heinz Company who also owned newspapers, luxury brands and trophy houses in France and the Bahamas, only to…

Investments and Business

EU targets Microsoft Teams bundling, saying it stifles competition

Sophie Caldwell

The European Union (EU) accuses Microsoft of foul play after regulators accused the tech giant of unfairly bundling its popular Teams video conferencing software with its Office suite. This practice,…

Investments and Business

Passenger restrained with duct tape during flight risks a fine

Sophie Caldwell

An American Airlines passenger who kicked and spit at flight attendants and passengers and attempted to open the cabin door before being secured to his seat with duct tape is…

Investments and Business

Biden proposes eliminating medical debt from credit reports

Sophie Caldwell

That has changed significantly in recent years, as the three national credit reporting agencies – TransUnion, Equifax and Experian – have eliminated much of that debt from credit reports. In…