Federal Reserve official says fighting inflation likely to be 'painful'

A top Federal Reserve official said Monday that combatting stubbornly high inflation may be "painful" and mean higher unemployment.
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The FAA issued ground stops for a slew of airports in the Northeast related to an equipment outage Monday.
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Skydance-owned Paramount reached a settlement Monday with a group of state attorneys general that had sued to challenge the company's buyout of Warner Bros. Discovery, effectively paving the way for the mega merger to move forward, a person familiar with the matter told the AP.
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When a father heard that multiple other children had been diagnosed with Ewing sarcoma in the community where his daughter, who died of the cancer, spent much of her childhood, it set off alarm bells.