Finance

Hot inflation sparks cooldown debate

Inflation fears were reignited Friday when the Federal Reserve’s preferred measure printed its hottest reading in 29 years, and economists warn higher prices could linger for some time.

EBay hires JetBlue CFO to lead its finances

E-commerce platform eBay Inc. is turning to the finance chief of airline JetBlue Airways Corp. to oversee its finances, ending a search that began over a year ago.