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Fed Chair Jay Powell did nothing particularly surprising on Wednesday, but markets reacted sharply. The strong reaction does not portend smooth sailing in the year ahead as the uncertainty Powell referenced arrives.

Money market account rates vary widely. So which banks are offering the best money market account rates today? Find out here.

(Bloomberg) -- It’s been a tough year for investors in European aviation, with Boeing Co.’s production woes, engine problems grounding aircraft and the still-sluggish corporate-travel market weighing on the sector.Most Read from BloombergNew York City’s Historic Preservation Movement Is Having a Midlife CrisisNYPD Car Chases Are Becoming More Frequent — and More DangerousDakar’s Air Quality Plummets as Saharan Dust Descends on SenegalReviving a Little-Known Modernist Landmark in BuffaloCarriers

Proactive capacity management contributed to a 12% YoY increase in the global air cargo spot rate since the start of peak season, compared to 25% in 2023.

Diesel car sales in the region in November were about 20k lower than a year earlier.

OpenAI made its popular artificial intelligence-powered chatbot more accessible this week, announcing that U.S. phone numbers can call it at 1-800-CHATGPT, while global users can text the chatbot via WhatsApp (META).

(Bloomberg) -- Nestle SA’s slumping stock valuation has made it irresistible for money manager J. Stern & Co., which has been increasing its holdings in the face of widespread market concern about the pace of a turnaround at the Swiss consumer-goods giant.Most Read from BloombergNew York City’s Historic Preservation Movement Is Having a Midlife CrisisNYPD Car Chases Are Becoming More Frequent — and More DangerousDakar’s Air Quality Plummets as Saharan Dust Descends on SenegalReviving a Little-Kn