Carole Rickard Hedden retired in 2022 as Executive Editor for custom content and Program Excellence for the Aviation Week Network, providing custom content and research to industry executives. She also was Managing Editor of Aviation Week’s Advanced Air Mobility Report. She joined Aviation Week in 1996 as a financial/business editor and has led special projects for more than two decades.
Prior to joining Aviation Week, Hedden worked for over 20 years in the news media and as a corporate communications leader at Fortune 100 companies.
Amid cautions from the United Nations (U.N.) concerning higher interest rates and the Standard & Poor’s 500 Index experiencing its worst monthly drop since March 2020 in September, the month of October opened as better in general in terms of stock performance.
When Eve Holding launched its electric vertical takeoff and landing commuter flight demonstrations in Chicago, the goal was to gather as much data and information as possible to formulate what a future commuter operation would look like.
The Federal Reserve’s meeting on Sept. 22 lived up to expectations, with the Fed increasing interest rates by three-quarters of a point, the third consecutive increase and fifth hike in 2022.