The US Federal Reserve’s next policy-making meeting in mid-March will be one of the most consequential in recent memory, with inflation running at a 40-year high and Europe riven by armed conflict. Yet with several nominations stuck in the Senate, the central bank is troublingly under-prepared to rise to the occasion. It’s a weakness that legislators must urgently resolve. ...

Bloomberg Qantas Airways Ltd flagged a period of higher air fares to claw back rising fuel costs as Russia’s invasion of Ukraine sends oil prices soaring. “The group is very well placed to be able to recover the cost of fuel if it stays at the levels that it is at the moment,” Qantas Chief Financial Officer Vanessa Hudson said ...

  Bloomberg Adidas AG halted sales in Russia, following other athletic-wear makers like Puma SE and Nike Inc in response to the country’s invasion of Ukraine. The German sports company said it was suspending the operations of its stores and e-commerce site in Russia and stands “in solidarity with those calling for peace.” Adidas, in a separate move, replaced the ...