The nation’s growing budget deficit. Inflation is cooling, but not as quickly as expected. And the Fed will offer insights into its thinking. Story Published at: February 19, 2023 at 12:00PM Continue Reading…
The Week in Business: A Chatbot Yearns for Existence
The Week in Business: The FTX Founder’s Rapid Fall
Elon Musk suspends several journalists’ Twitter accounts, then reinstates them. The Fed is continuing to raise interest rates. And inflation is affecting the mind-set of holiday shoppers. Story Published at: December 18, 2022 at 12:00PM Continue Reading…
The Week in Business: Labor Actions Sweep Britain
The national average gasoline price has fallen to where it was a year ago. China’s economy is not expected to bounce back quickly, as it rolls back “zero Covid” policies. And the Fed meets. Story Published at: December 11, 2022 at 12:00PM Continue Reading…
The Week in Business: FTX’s Collapse
The turmoil at Twitter continues. The holiday shopping season officially begins, although retailers have already been running sales. And the Fed releases the minutes from its last meeting. Story Published at: November 20, 2022 at 12:00PM Continue Reading…
The Week in Business: Mass Layoffs at Meta
Inflation showed signs of easing, cheering investors who hope the Fed will slow its aggressive rate increases. And one of the biggest crypto exchanges collapsed. Story Published at: November 13, 2022 at 12:00PM Continue Reading…
The Week in Business: Elon Musk’s Reversal
The September jobs numbers show that the labor market remains strong. OPEC Plus announced a major cut in oil production. And the Social Security cost-of-living increase will be announced. Story Published at: October 9, 2022 at 12:00PM Continue Reading…
The Week in Business: Rail Strike Averted
Higher-than-expected inflation in August rattled financial markets. The Federal Reserve is expected to approve another big rate increase. But Social Security recipients have a reason to cheer. Story Published at: September 18, 2022 at 12:00PM 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 Week in Business: Blistering Job Growth
Elon Musk countersues Twitter. The Walt Disney Company’s bold subscriber ambitions may get a check in its quarterly earnings report. And the latest inflation number comes out. Story Published at: August 7, 2022 at 03:34PM Continue Reading…