Bloomberg Air travel and glitch-free internet access are often considered mutually exclusive, thanks to the technical difficulties associated with making Wi-Fi work at 40,000 feet. For the airlines, a satisfying online experience is even more elusive. The hardware, software, maintenance and inability to easily switch service providers combine for a very expensive headache. But there may be some good news …

Bloomberg The European Central Bank (ECB) expects the euro-area economy to bounce back from the coronavirus outbreak, Chief Economist Philip Lane said, playing down concerns that the region could slip into a downturn that requires another interest-rate cut. Speaking in an interview with Bloomberg TV in New York, Lane acknowledged that the full impact of the disease remains unknown, and …

Bloomberg Federal Reserve Governor Lael Brainard called for the adoption of new strategies by the central bank to achieve its 2% inflation goal and fight off future recessions. The Fed should seek above-target price gains to make up for past inflation shortfalls and should cap Treasury debt yields if it’s forced to lower short-term rates as far as they can …