Investors will be closely watching whether worries about an economic slowdown dent corporate profits, and lead to further layoffs. Story Published at: April 13, 2023 at 01:01PM Continue Reading…
Earnings Season Arrives With Recession Fears Front and Center
Elon Musk Addresses the ‘Painful’ Side of Running Twitter
The social network’s owner talks about bots, blue checks and why he went ahead with the $44 billion acquisition. Story Published at: April 12, 2023 at 12:57PM Continue Reading…
UBS Taps an Ex-C.E.O. to ‘Pilot’ its Takeover of Credit Suisse
Sergio Ermotti helped the bank recover after the 2008 financial crisis, but faces a tougher task this time around. Story Published at: March 29, 2023 at 01:20PM Continue Reading…
Bob Iger’s Turnaround Plan Takes Shape
Shares jumped after the Disney chief executive unveiled plans to revamp its streaming business, cut costs, and formulate a succession plan. Story Published at: February 9, 2023 at 12:50PM Continue Reading…
Wall Street Is Down on Corporate America
Earnings season kicks off this week, and analysts expect a big drop in corporate profits and more announcements about layoffs. Story Published at: January 9, 2023 at 12:56PM Continue Reading…
Regulators Begin Cracking Down on FTX
Authorities worldwide are intensifying their scrutiny of the embattled cryptocurrency exchange, amid concern about improper use of customer money. Story Published at: November 11, 2022 at 01:40PM Continue Reading…
The Fed Won’t Say the ‘R’ Word
<img “=”” src=”https://www.nytimes.com/images/2022/07/28/multimedia/28db-fed/28db-fed-horizontalMediumAt2X.jpg” style=”display:none”> Chair Jerome Powell was asked in every way possible whether the economy was in, or headed toward, a recession. Story Published at: July 28, 2022 at 01:34PM Continue Reading… Powell keeps it sunny The Federal Reserve is continuing its aggressive campaign to cool inflation, even as the economy begins to slow. The U.S. central bank raised […]
Will China Move on Taiwan?
An escalation from Beijing would have far-reaching economic consequences. Story Published at: July 26, 2022 at 01:57PM