PERSON

House committee questions McKinsey executive over opioid, FDA consulting work

Members of Congress questioned global consulting firm McKinsey & Company's top managing partner Wednesday about the company's work for U.S. health regulators as it advised opioid drugmakers on how to boost painkiller sales. The hearing is part of an ongoing investigation into McKinsey's role in the opioid crisis.

What do a barrage of big Fed rate hikes mean for Americans' wallets?

Federal Reserve Chairman Jerome Powell last week solidified expectations for a half-percentage point rate hike at the central bank's May meeting as officials look to tame red-hot inflation, a move that could have major implications for millions of U.S. households.