Americans need a“ quieter” Federal Reserve focused on bringing down 65 months of“ sustained elevated inflation,” the central bank’ s chair told attendees of the annual Jackson Hole Economic Policy Symposium on Friday. The symposium is a high-profile, once-a-year gathering of leading central bankers, policymakers and economists from around the world. The Fed…
Aon (NYSE: AON) agreed Monday to buy insurance brokerage USI Insurance Services from KKR and other shareholders in an all-cash transaction worth roughly $17 billion, its second multibillion-dollar push into the US middle market in barely two years. Investors did not applaud. Aon shares fell nearly 6% on the announcement while KKR rose 1.7% —…
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