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How Wall Street Learned About Last Week’s Labor Data Before the Public

Banking and Financial Institutions Hedge Funds Labor and Jobs Presidential Election of 2024 United States Economy Wages and Salaries

How Wall Street Learned About Last Week’s Labor Data Before the Public

The Labor Department provided insight into a recent lapse in which revised payrolls data were given out à la carte before they were online.

By Jeanna Smialek and Ben Casselman

Africa’s Debt Crisis Has ‘Catastrophic Implications’ for the World

Africa Banking and Financial Institutions China Credit and Debt Developing Countries Economic Conditions and Trends Foreign Investments Government Bonds International Monetary Fund Kenya Nigeria Politics and Government Suriname Uganda World Bank Zambia

Africa’s Debt Crisis Has ‘Catastrophic Implications’ for the World

Crushing obligations to foreign creditors that have few precedents have sapped numerous African nations of growth and stoked social instability.

By Patricia Cohen

The Crypto Industry Loudly Defends Telegram’s Pavel Durov

Banking and Financial Institutions Bankman-Fried, Sam Computers and the Internet Durov, Pavel Valeryevich (1984- ) Ellison, Caroline (1994- ) Entrepreneurship Freedom of Speech and Expression HK FTX Trading Ltd (Futures Exchange) Instant Messaging Mobile Applications Mobile Commerce and Payments Telegram LLC Three Arrows Capital Venture Capital Virtual Currency

The Crypto Industry Loudly Defends Telegram’s Pavel Durov

When the messaging app’s founder, Pavel Durov, was arrested, he received a flood of support from a multitrillion-dollar industry that relies on it.

By David Yaffe-Bellany

Fed Chair Powell Signals Interest Rate Cuts in Jackson Hole Speech

Banking and Financial Institutions Government Bonds Inflation (Economics) Interest Rates Labor and Jobs Prices (Fares, Fees and Rates) Regulation and Deregulation of Industry United States Economy

Fed Chair Powell Signals Interest Rate Cuts in Jackson Hole Speech

Jerome H. Powell used a speech in Jackson Hole to signal that the Federal Reserve will begin to cut rates on Sept. 18, and to voice wariness about the job market.

By Jeanna Smialek