Morning Business Report: Federal Reserve expected to raise interest rates today

It is expected that the federal reserve will raise interest rates today. Inflation is on the verge of getting out of control and only rising rates can slow it down, but that also means the economy will retreat.

AMC says their past weekend is better than the same time in 2019. This was powered by the opening of Jurassic World Dominion and the continued success of the recent Top Gun movie.

U.S. airline bookings slipped again in May with fares 30% higher than 2019.

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