While the Fed Monitors the ‘Ukraine Situation Closely,’ Powell Still Expects a Series of Quarter-Point Rate Hikes

Federal Reserve chairman Jerome Powell still expects to see interest rate hikes starting in March, but the Fed chief further stressed that the central bank will “need to be nimble.” In remarks prepared for members of U.S. Congress, Powell discussed the Russian invasion of Ukraine, noting that the “implications for the U.S. economy are highly […]

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FedEx Plans to Deploy Blockchain Technology as Part of Its Innovation Effort

During the last few months, there has been considerable discussion on how mail and delivery service providers could integrate blockchain technology in order to improve its services and offer customers lower costs, quicker service and additional transparency. FedEx actively considering blockchain deployment FedEx hasn’t had a very good year, considering the high-profile cyberattack that took place last summer at the TNT express branch in Europe. However, its CEO is confident that things are back to normal, regardless of the expanding cost of integrating TNT into the FedEx operation. Reports indicate that the estimated cost of doing so over the next 4 years has increased from approximately

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