Yellen says inflation should be lower than current levels by year end

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Yellen says inflation should be lower than current levels by year end

(Reuters) – U.S. Treasury Secretary Janet Yellen said on Wednesday that inflation should retreat by year end from its current elevated level as supply bottlenecks get worked out, adding she sees little evidence inflation expectations are becoming unanchored.
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Electronic Arts to Buy Golf Clash Maker for $1.4 Billion

Taking a more positive view, Bloomberg Intelligence analyst Matthew Kanterman said in a note that “the ability to launch new games leveraging EA
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Can $8 billion in grants smooth out US airports' uneven recovery?

The Federal Aviation Administration is giving $8 billion worth of grants — taken out of the last pandemic relief package — to airports around the country. Although airports are still hurting, air travel is coming back. Earlier this month, more than 2 million people a …
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Warren Buffett resigns from the Gates Foundation, gives away another $4.1 billion

Warren Buffett, the legendary financier and Berkshire Hathaway chairman, says he reached a crucial milestone: He’s officially given away half of his company shares to charitable causes. On Wednesday, Buffett earmarked a $4.1 billion distribution for five …
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Millennials, the Wealthiest Generation? Believe It

Allison Schrager is a Bloomberg Opinion columnist. She is a senior fellow at the Manhattan Institute and author of “An Economist Walks Into a Brothel:
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