Signs of China easing its pandemic restrictions added to investors’ bullishness about cooling inflation in the United States. Story Published at: November 11, 2022 at 03:34PM Continue Reading…
Markets Steady at End of a Strong Week
Decoding the Surprise Inflation Report
A stubbornly high inflation reading has divided experts on what the Fed should do when it weighs another interest rate hike next week. Story Published at: September 14, 2022 at 12:44PM Continue Reading…
Twitter Whistle-blower Is Set to Testify in Washington
Elon Musk’s legal team will follow closely the testimony of Twitter’s former head of security, Peiter Zatko, before the Senate Judiciary Committee. Story Published at: September 13, 2022 at 01:01PM Continue Reading…
Bed Bath & Beyond Secures a Financial Lifeline
The retailer confirmed that it has taken out more than $500 million in new financing as it seeks to shore up its struggling business. Story Published at: August 31, 2022 at 12:54PM Continue Reading…
Crypto Is Tumbling, but in Argentina It’s Still a Safer Bet
Even though cryptocurrencies have lost value, many Argentines see them as a less risky choice than their own currency, whose worth has plunged as inflation has soared. Story Published at: August 20, 2022 at 05:26PM Continue Reading…
The Week in Business: Inflation Moderates
Disney now has more subscribers than Netflix. The Fed will share notes from its July meeting. And stocks are on the rise. Story Published at: August 14, 2022 at 12:00PM 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 […]