JOHN WILLIAMS

Leading Federal Reserve officials are sending out stronger signals that they will forego an interest rate increase at the central bank’s next meeting in June.

Inflation remains “stubbornly high” and is no longer making much progress toward the Federal Reserve’s 2% target, a top Fed official said Wednesday, hours after price data for April were released.

Asian shares have fallen after Wall Street retreated for a second day as market watchers considered earnings reports and various indicators about whether inflation is waning in the U.S. and elsewhere.

An effort to digitize more than 200 Boston Pops radio broadcasts conducted by John Williams from 1979 until 1991 is almost complete.

A nod for a nonagenarian and a surge of first-time acting honorees are among the notable numbers stemming from the Oscar nominations announced Tuesday.

Two Federal Reserve officials said they favor raising the Fed’s key rate to roughly 5% or more and keeping it at its peak through next year — longer than many on Wall Street have expected.

A top Fed official says the Federal Reserve will need to continue lifting its short-term interest rate to a level that restricts economic growth and keep it there for an extended period.

Federal Reserve Chair Jerome Powell delivered a stark message Friday: The Fed is determined to fight inflation with more sharp interest rate hikes, which will likely cause pain for Americans in the form of a weaker economy and job losses.

After more than six decades of making bicycles soar, sending swimmers panicking and other spellbinding close encounters, John Williams is putting the final notes on what may be his last film score.

The Boston Pops orchestra is reviving springtime live performances for the first time since the pandemic began.

The Federal Reserve should start raising interest rates next month to help rein in too-high inflation, New York Fed President John Williams said Friday.

With inflation uncomfortably high and the COVID-19 Delta variant raising economic concerns, a divided Federal Reserve will meet this week to discuss when and how it should dial back its ultra-low-interest rate policies.

Federal Reserve Chair Jerome Powell says the economy is growing at a healthy clip, and that has accelerated inflation.

University of Utah student Abigail Shull takes a rapid COVID-19 test at the University of Utah student testing site Wednesday, Nov. 18, 2020, in Salt Lake City. Now, many students are heading home for Thanksgiving, raising the risk of the virus spreading among family, friends and other travelers. Only about 100 colleges initially tested all students once or twice a week, regardless of symptoms, as part of their back-to-school plans. The few institutions that already regularly test students even without symptoms don’t have to change much. “We, of course, have health services and we have nurses, but they’re working like dogs and there’s not enough of them.”For students, testing availability can be a relief.

NEW YORK – Carnegie Hall has extended its closure due to the coronavirus pandemic through April 5. The decision announced Thursday leaves only the possibility of performances at the very tail end of the hall’s 2020-21 season. Carnegie has been closed since March 12 and last June has canceled performances through Jan. 6. The venue has shifted some of its programming online. Among the events canceled early next year were a planned night of the music of film composer John Williams, performances by the New York Pops and the Shanghai Chinese and Vienna orchestras.

Andrew Burton/Getty Images(CNN) - The Dow and the broader stock market climbed higher at Friday's open, driven once again by hopes of interest rate cuts by the Federal Reserve. On Thursday, investors got excited about the possibility of a bigger-than-expected interest rate cut. New York Fed President John Williams on Thursday said policymakers should take preventative measures at the first signs of economic slowdowns. The market took this to mean that a bigger interest rate cut was on the way. Expectations of a half-percentage-point cut at the Fed's next meeting in two weeks more than doubled to 60% in response.