>>Federal Reserve Chair Expects Interest Rates To Come Down This Year
(Washington, DC) -- Federal Reserve Chair Jerome Powell says he expects interest rates to begin their comedown this year. In prepared remarks on Capitol Hill, Powell said he's not ready yet to say when. He said "the committee does not expect that it will be appropriate to reduce the target range until it has gained greater confidence that inflation is moving sustainably toward two-percent." The central bank leader added that policymakers are keeping an eye on risks that inflation poses.
>>X Considering Getting Rid Of Showing Likes, Reposts
(San Francisco, CA) -- X owner Elon Musk says the social media platform is considering getting rid of showing how many likes and reposts a post gets. Speaking at a conference Wednesday, Musk said that info could clutter content on the service. Since buying the company, Musk has added a feature allowing people to see how many views a post has received.
>>Target Launches Hundred-Dollar-Monthly Subscription Program
(Minneapolis, MN) -- Target will launch a paid membership program next month, following the lead of its rivals, Amazon and Walmart. Target's subscription program, Circle 360, will launch in early April and cost 99-dollars per year. The program will include unlimited free same-day delivery for orders over 35-dollars, along with other perks. Target is turning to its competitors' playbook, as memberships have boosted business for retailers like Amazon and Walmart. Target's digital sales have declined every quarter for the past year, and they're hoping the membership program will rev up their e-commerce business.
>>NTSB: Boeing Still Hasn't Provided Important Documents Regarding Door Plug Blowout
(Washington, DC) -- Investigators say Boeing still hasn't turned over important records for the probe of the January door plug blowout incident. According to the National Transportation Safety Board, investigators don't know who in the Boeing assembly line removed and reinstalled the door plug on the 737 Max. The agency's chairwoman said so testifying before a Senate committee on the Hill. Jennifer Homendy noted the NTSB has requested the documents "numerous times over the past few months."
>>MASS MoCA Workers Strike
(North Adams, MA) - Unionized workers at the Massachusetts Museum of Contemporary Art went on strike Wednesday. MASS MoCA and employees have been negotiating over a new agreement since last October. The matter is over a minimum hourly wage with the union seeking 18-dollars-25 cents an hour, while the museum offered one dollar less.
>>Caitlin Clark Inks Exclusive Trading Card Deal
(Iowa City, IA) -- Iowa women's basketball star Caitlin Clark has signed an exclusive, multi-year deal with a major trading card company. Panini America made the announcement today, saying that Caitlin is the first multi-year, exclusive athlete to sign with the company. It is the first deal of its kind for a female athlete. Her first trading will honor the moment she passed Kelsey Plum to become the all-time leading scoring in N-C-A-A women's basketball history.
