American Airlines boosts premium seating on 777 jets as upscale travel grows

26 June 2026 Compared with April 2026: median consumer perceptions of inflation over the past 12 months remained unchanged, as did median inflation expectations for three and five years ahead, while median expectations for inflation over the next 12 months decreased significantly; expectations for nominal income growth over the next 12 months increased, while expectations…

Legislators hope to enable US federal agencies to order the disablement of AI agents and models that threaten security after unintended OpenAI hack on Hugging Face – plus, experts tell government it is underprepared to fight AI-powered identity fraud   US legislators are urging the creation of an artificial intelligence ‘kill switch’ after an OpenAI…

We thank David Schwartsman and Mateo Servent for excellent research assistance. Emilio Depetris-Chauvin acknowledges financial support from ANID, FONDECYT Regular 1240631. All errors are our own. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

Present Committee members: David Roberts, ChairAndrew Bailey, GovernorSarah Breeden, Deputy Governor – Financial StabilityClare Lombardelli, Deputy Governor – Monetary PolicySir Dave Ramsden, Deputy Governor – Markets & BankingSam Woods, Deputy Governor – Prudential RegulationJonathan BewesSabine ChalmersLord Jitesh GadhiaDame Anne GloverDiana NobleTom Shropshire In attendance: Sarah John, Chief Operating Officer Secretary: Sebastian Walsh, Secretary of the…

Both the US and Europe are moving to create digital money, but neither has the right idea about how to do it. The key is to allow “narrow banks,” which issue money but not credit, to keep their reserves in central banks and provide capped interest payments to coin holders. LONDON—The debate over stablecoins and…