Kevin Warsh’s preferred inflation measure could come back to bite him

Kevin Warsh’s preferred inflation measure could come back to bite him

Kevin Warsh, President Donald Trump‘s nominee for Federal Reserve chair, instructed lawmakers that he would really like the central financial institution to change its technique for measuring inflation. But Bank of America economist Aditya Bhave warned Wednesday that such a reconfiguration — a part of a broader “regime change” that Warsh has promised for the…

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Boeing (BA) Q1 2026 earnings

Boeing (BA) Q1 2026 earnings

Boeing CEO Kelly Ortberg speaks at Boeing Field at an occasion asserting Alaska Airlines’ order for 105 737 MAX 10s and 5 787-10 Dreamliner jets, in Seattle, Washington, U.S., January 7, 2026. Dan Catchpole | Reuters Boeing CEO Kelly Ortberg mentioned the corporate expects to ramp up manufacturing of its best-selling 737 Max plane to…

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Oil tumbles more than 10% as Iran declares Strait of Hormuz open

Oil tumbles more than 10% as Iran declares Strait of Hormuz open

A view reveals oil pump jacks exterior Almetyevsk within the Republic of Tatarstan, Russia June 4, 2023. Alexander Manzyuk | Reuters Oil costs tumbled Friday after Iranian Foreign Minister Seyed Abbas Araghchi declared the Strait of Hormuz “completely open” throughout the ceasefire between Israel and Lebanon, elevating hopes of easing provide disruptions. Araghchi’s comments on…

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