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The Federal Reserve will begin shedding as much as $47.5 billion of assets monthly starting June 1 to tamp down on inflation. But doing so could undermine the banking industry’s preferred source of liquidity.
In their post-pandemic recovery, airlines are expanding their fleets, increasing their flights -- and raising the cost of domestic tickets amid greater demand for air travel, higher fuel prices and an ongoing labor shortage.
In their post-pandemic recovery, airlines are expanding their fleets, increasing their flights -- and raising the cost of domestic tickets amid greater demand for air travel, higher fuel prices and an ongoing labor shortage.
The support of Ukraine has reminded the world that the United States is a military and financial superpower capable of standing up against dictators.
For US President Joe Biden, who is languishing in the polls, the Ukraine war has become a handy excuse to explain higher fuel prices.