Two months of sharply rising prices have raised concerns that record-high government financial aid and the Federal Reserve’s ultra-low interest rate policies — when the economy is already surging — have elevated the risk of accelerating inflation.
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There’s a chicken wing shortage. So this chain wants you to start loving thighs
Chicken wing prices are going through the roof. So Wingstop, a chain known for, well, wings, is now selling chicken thighs. But getting Americans on board could be a challenge.
Read More »Ransomware gangs get paid off as officials struggle for fix
If your business falls victim to ransomware and you want simple advice on whether to pay the criminals, don’t expect much help from the U.S. government. The answer is apt to be: It depends.
Read More »Bitcoin tumbles 10% in wake of deepening China crackdown
Bitcoin tumbled almost 10% on Monday as recent volatility in the cryptocurrency market showed no signs of dampening down, with market players citing jitters over China's expanding crackdown on bitcoin mining in thin liquidity for the losses.
Read More »Republicans point to inflation in bid to retake Congress
Gas prices have whizzed past $3 per gallon in much of the nation. The cost of used cars and new furniture, airline tickets, department store blouses, ground beef and a Chipotle burrito are on the rise, too.
Read More »Americans are heading back to gyms as interest in at-home workouts wanes, Jefferies says
As Covid restrictions ease across the country, vaccines are jabbed into arms and fitness centers revoke mask-wearing policies, more people are heading back to the gym, new research shows.
Read More »Google is totally changing how ads track people around the Internet. Here’s what you need to know.
It’s a common sight: Ads from that time you Googled flights to Cancún, or visited Nike to look for new running shoes, following you around the Internet.
Read More »Dow sinks about 500 points on ‘quad witching’ Friday, as investors focus on Bullard’s hawkish comments
U.S. stocks traded sharply lower Friday as investors sold assets in the wake of comments from a Fed official in the wake of the central bank’s updated outlook for the economic recovery from COVID and inflation this week.
Read More »The U.S. stock market will remain open for first federal Juneteenth holiday
President Joe Biden is expected to sign a bill officially making June 19—known as Juneteenth—a federal holiday, but major U.S. exchanges will remain open Friday and Monday.
Read More »‘Obamacare’ survives: Supreme Court dismisses big challenge
WASHINGTON (AP) — The Supreme Court, though increasingly conservative in makeup, rejected the latest major Republican-led effort to kill the national health care law known as “Obamacare” on Thursday, preserving insurance coverage for millions of Americans.
Read More »Biden to sign Juneteenth bill, creating first new federal holiday in decades
President Joe Biden is set to sign on Thursday a bill establishing Juneteenth, the date marking the end of slavery in the United States, as a federal holiday.
Read More »US average mortgage rates mostly lower; 30-year at 2.93%
Mortgage rates were mostly lower this week as the economy continued to show signs of recovery from the pandemic recession and recent bursts of inflation were deemed temporary by federal policymakers.
Read More »Mascots bring cheer to young and old 
There’s one thing that most people who’ve attended a sporting event have in common: They’ve all been entertained by a mascot, whose identity is usually a well-kept secret – until now. Two area mascots have agreed to emerge from anonymity to describe for Central Penn Business Journal what it’s like to work as incognito performers.
Read More »Morgan Stanley CEO to NYC workers: Be back in the office by September or else
The CEO of one of Wall Street's top investment banks has a message for employees in its New York offices. You need to come back to work this fall.
Read More »Fed signals rate hikes for 2023, start of bond-buying taper talks
The Federal Reserve on Wednesday brought forward its projections for the first post-pandemic interest rate hikes into 2023 and opened the debate on when and how it may be appropriate to start tapering the U.S. central bank's massive bond-buying program.
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