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…
Bed Bath & Beyond Secures a Financial Lifeline
Florida’s ‘Stop WOKE’ Act Gets Pushback in Court
A federal judge blocked a key provision of the state’s law aimed at private businesses, calling it something you might find in an alternate universe. Story Published at: August 19, 2022 at 01:48PM Continue Reading…
The Fed Sees Housing Trouble Ahead
There have been conflicting signals in the housing market. And several factors may stop any slowdown from turning into a slump. Story Published at: August 18, 2022 at 02:26PM Continue Reading…
Can Disney Do Better?
Plus, the Tornado that is the latest threat to stability in cryptoland. Story Published at: August 16, 2022 at 01:50PM Continue Reading…
Adam Neumann Gets a New Backer
WeWork’s founder is back with a billion-dollar venture. Story Published at: August 15, 2022 at 12:54PM Continue Reading…
A Tax Loophole’s Powerful Defender
Senator Kyrsten Sinema had one main request before she would support a key spending bill: Preserve a tax loophole that mainly benefits people in private equity. Story Published at: August 5, 2022 at 02:02PM Continue Reading…
Taking Stock of Pelosi’s Taiwan Trip
More fallout may be ahead for businesses and investors from a visit that tested China’s appetite for confrontation. Story Published at: August 3, 2022 at 02:09PM Continue Reading…
Doing the Math on the Inflation Reduction Act
The bill involves at least $260 billion in spending over 10 years, with a focus on energy and climate, but it would raise taxes by more than that, a congressional analysis found. Story Published at: August 2, 2022 at 02:36PM 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 […]
Big Tech and the Fed
Some tech companies’ earnings are flagging, in what could be a positive sign for the Federal Reserve. Story Published at: July 27, 2022 at 01:09PM