Business

After higher-than-expected inflation and labor market numbers in January and February following a strong U.S. economy, Federal Reserve officials are indicating they might maintain higher interest rates for a longer period. “It is too early to determine whether the recent numbers represent more than just a temporary increase,” said Fed chair Jerome Powell…

The collapse of the Francis Scott Key Bridge could potentially surpass the maritime industry’s largest-ever monetary loss.

Media companies Paramount and Skydance are in talks about a possible merger, according to a new report. The two companies have been holding discussion about a potential deal in recent weeks, The New York Times reported Tuesday, noting entertainment mogul David Ellison, founder of Skydance, has met with Paramount’s board committee to discuss his vision…

The Federal Communications Commission (FCC) plans to vote on bringing back net neutrality rules that were removed under former President Trump later this month, the agency’s chair announced on Wednesday. If approved, the plan would reinstate the Obama-era rules that prevented broadband providers from blocking or slowing down internet traffic to certain websites and giving faster access to others…

The updated policy, starting on June 6, replaces the cancellation policies of individual hosts.

Ticker: Legal Sea Foods lands new spot at Logan; US job openings rise modestly to 8.8 million in February in strong labor market