Sam Bankman-Fried, the disgraced cryptocurrency executive, pleads not guilty to an array of charges. A bumpy road ahead for Tesla. And the latest inflation figures are coming out.
Category: Federal Reserve System
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The Week in Business: Slowing Job Growth
The New York Times – Business: -
US Employers Added 223,000 jobs in December
The New York Times – Business:The Federal Reserve’s moves to cool the economy with higher interest rates seem to be taking gentle hold. Wage growth lost momentum.
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U.S. employers added 223,000 jobs in December.
The New York Times – Business:Forecasters estimate that employers added 200,000 jobs in December, a robust number though a bit below the average in recent months.
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Kevin McCarthy’s Business Ties Complicate His Rise to Power
The New York Times – Business:To land the House speaker position, the California Republican will have to win over opponents who question his ties to Silicon Valley and his commitment to right wing causes.
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Fed Officials Fretted That Markets Would Misread Rate Slowdown
The New York Times – Business:Central bankers remained committed to wrestling inflation lower, and wanted to make sure investors understood that message, minutes from its December meeting showed.
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Fed Official Compares Inflation to Uber Surge Pricing
The New York Times – Business:Neel Kashkari, the president of the Minneapolis Fed, kicked off 2023 monetary policy debates with a call for better understanding of what causes inflation.
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S&P 500 Rises in First Session of 2023
The New York Times – Business:Analysts are more cautious about 2023 after their overly optimistic forecasts for last year.
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Why Japan’s Sudden Shift on Bond Purchases Dealt a Global Jolt
The New York Times – Business:The world has relied on ultralow interest rates in Japan. What will happen if they rise?
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The Year the Long Stock Market Rally Ended
The New York Times – Business:How fast inflation and high interest rates upended markets across the globe.
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The Year the Long Stock Market Rally Ended
The New York Times – Business:How fast inflation and high interest rates upended markets across the globe.
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The Numbers in the News
The New York Times – Business:DealBook looks at the data points behind some of the biggest stories of the past year, and the themes that will endure in 2023.