Ouch. A record high of 5% for euro area inflation in December will cause a few red faces at the European Central Bank (ECB), which had been hoping that 2021 had already seen the peak. It was only a 0.1% uptick from the prior month. But the average of a wide range of forecasts was for 4.8%. So it ...

  Bonds have been as close to a sure thing as there is in financial markets over the past four decades. Since 1982, the Bloomberg US Aggregate Bond Index has only had four down years, and never back-to-back. Yet, after falling 1.54% last year, the benchmark is already down 1.62% in just the first few days of 2022. Might this ...

  Bloomberg US aviation regulators say they’ve made progress reducing the risk of flight disruptions from new 5G service that’s set to start January 19, but are still releasing scores of potential limitations across the country. The Federal Aviation Administration expects to provide information soon on what percentage of aircraft will be subject to the restrictions, the agency said in ...