Jerome Powell seemed to get the message across this time. After the most recent Federal Open Market Committee meeting, bond yields fell as he laid out an extremely hawkish agenda in his press conference. The conventional wisdom is that traders took Powell’s repeated insistence that the economy was strong enough to withstand repeated hikes as reason to be optimistic ...

  Bloomberg Boeing Co faces a new crisis after a 737 jet fell out of the sky in China, renewing concerns about its best-selling family of planes and extending one of the most turbulent periods in the aviation titan’s century-long history. The 737-800 aircraft operated by China Eastern Airlines Corp nose-dived into mountainous terrain with 132 people on board, prompting ...

Bloomberg Traveling to Hong Kong isn’t set to get much easier once a ban on flights from nine countries including the US and the UK is lifted, with Cathay Pacific Airways Ltd planning just one inbound flight every two weeks. The airline said it isn’t able to expand its schedule any more than what it was planning due to “the ...