Higher interest rates at the Federal Reserve are causing the central bank to now pay out more in interest expenses than it earns in interest income.

For 2022, annual premiums for an employer-provided family plan were $22,463 with employees paying $6,106 of the total. The average cost of an employer health plan for an individual for 2022 was $7,911.

During the three months ended in May 2020, the amount of municipal debt sold privately spiked to 13.4%, the highest share in 13 years on record. It has since retreated to about 8%, or around $36 billion—up from 4% in 2012.

As the stock market swoons, individual investors are placing fewer trades, slowing to 2020 volume.

Kroger Co. said it is buying rival Albertsons Cos Inc. in a deal that values the company at $24.6 billion, one of the biggest deals in the history of the grocery industry in the U.S.

The Fed has lifted rates by 0.75 percentage point at each of its past three meetings, bringing its benchmark federal-funds rate to a range between 3% and 3.25% last month—the fastest pace of increases since the 1980s. Officials have indicated they could make a fourth increase of 0.75 point at their Nov. 1-2 meeting and raise the rate above 4.5% early next year.

A U.S. Sentencing Commission report said that guilty pleas by corporations have trended downward in recent decades, reaching 90 in 2021 from a high of 304 in 2000.

With the surge in energy costs and rising interest rates weakening household demand, exports and imports should increase by just 1% in 2023, down from a previous forecast of 3.4%.

A large-scale survey revealed a wide gap between employees’ assessments of their own remote productivity and managers’ perceptions of how much gets done away from the office. Some 87% of the rank and file say they’re just as effective at home, but 80% of bosses disagree.

The yield on 10-year U.S. government bonds briefly touched 4% for the first time in more than a decade Wednesday, the latest leg of a historically steep rise that has jolted financial markets this year.