Federal Reserve Chair Jerome Powell’s will speak Friday morning.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
California looks to phase out gas-fueled vehicles by 2035
Approval of the groundbreaking policy is expected and will trigger a ripple effect throughout the auto industry and across the country.
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Posted inBusiness, Nation & World, News
Fewer Americans claim jobless benefits last week
The labor market continues to stand out as one of the strongest segments of the U.S. economy.
Posted inBusiness
SEC questions Twitter on how it counts fake accounts
Elon Musk raised the issue as grounds to back out of a deal to buy the company for $44 billion.
Posted inBusiness
Peloton to sell bikes on Amazon in bid to reverse slump
The collaboration is the company’s first with another retailer.
Posted inBusiness, New England, News
Boston extends service cuts for subway, bus into the fall
Staffing shortages has caused the T to run at Saturday levels for most of the summer.
Posted inBusiness, Nation & World
Trump staffers pushed unproven COVID treatment at FDA
But there’s no evidence that White House efforts ultimately changed the agency’s decisions on hydroxychloroquine or any other therapies.
Posted inBusiness, Nation & World
‘Pre-bunking’ shows promise in fight against misinformation
Google plans to roll out a series of videos soon in Eastern Europe.
Posted inBusiness
Stocks edge higher as Wall Street waits for Fed speech
Jerome Powell will give a speech Friday at an annual economic conference.
Posted inBusiness, Nation & World
Pfizer COVID pill shows little, no benefit in younger adults
But researchers find that Paxlovid reduced hospitalizations among people 65 and older by roughly 75 percent.