Encore: Are the rich or poor hurt more by inflation?

encore:-are-the-rich-or-poor-hurt-more-by-inflation?
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Stocks Swing in Volatile Trading

U.S. stocks turned upward after six straight days of losses for both the Dow and S&P 500.

Sep. 28, 2022 at 1:30 p.m. ET by Anna Hirtenstein

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Band-Aid and Tylenol Company to Be Named Kenvue

The new name—signifying knowledge and sight—is a milestone in J&J’s plan to separate its consumer-health business from its prescription-drug and medical-devices units next year.

Sep. 28, 2022 at 12:53 p.m. ET by Peter Loftus

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Bonds Rally Across Globe After BOE Moves to Buy Debt

Government bonds in Europe and the U.S. rallied after the Bank of England said it would buy longer-term U.K. bonds to ease concerns about a potential crisis in the debt markets. Earlier, the 10-year Treasury yield touched …

Sep. 28, 2022 at 12:49 p.m. ET by Sam Goldfarb

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Zelensky Vows to Protect Citizens in Areas Russia Plans to Annex

Kyiv’s forces are trying to push further into Russian-occupied territory and undermine the Kremlin’s goal of taking permanent control of swaths of Ukraine, but there are signs they are encountering stronger resistance.

Sep. 28, 2022 at 12:32 p.m. ET by Stephen Kalin

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Bank of England to Buy Bonds in Bid to Stop Crisis

The Bank of England said it would buy U.K. government bonds with long maturities “on whatever scale is necessary” in an effort to restore order to the market.

Sep. 28, 2022 at 11:49 a.m. ET by Paul Hannon

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Hurricane Ian Expected to Make Florida Landfall in Next Few Hours

The storm appeared headed for landfall in a region south of the Tampa Bay area, but the effects are expected to be widespread, from tropical-storm force winds extending out 175 miles to a potential 18-foot-high storm surge.

Sep. 28, 2022 at 11:48 a.m. ET by Jon Kamp

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