The Federal Reserve and Chair Jerome Powell have come under fire the last couple of months for seemingly ignoring the spike in inflation. The latest salvo came, when Senator Joe Manchin, the West Virginia Democrat, urged Powell to start pulling back on the Fed’s $120 billion in monthly bond purchases aimed at providing stimulus. Failing to do so “will lead ...

A certain school of thought holds long-term targets as meaningless, as the people making them will no longer be in their job by the time they are proved right or wrong. That’s especially the case for a two-term limited US president. But when it comes to Joe Biden and electric vehicles, it hardly matters whether his new target for 2030 ...

Bloomberg Airbus SE has encountered issues with the production of its flagship narrow-body model, just as it begins ramping up jetliner build rates following coronavirus lockdowns. Customer Air Lease Corp said on an analyst call that some A321neo handovers due this year have been pushed back as Airbus struggles with pandemic and supply-chain issues. The lessor added in a filing ...