The odds of a March interest rate cut have ebbed significantly, as Fed officials push back against market expectations for imminent and deep reductions this year.
A House Committee alleges the PBGC allowed over $127 million to flow to deceased pension-plan participants; the PBGC asserts funds were not "improperly" paid.
While inflation is mostly retreating around the world, soaring shipping costs and a jump in oil prices are stoking worries about a revival of cost pressures.