Earnings Season Arrives With Recession Fears Front and Center
Posted inBezos, Jeffrey P Citigroup Inc Company Reports Daly, Mary C Delta Air Lines Inc Dominion Voting Systems Corp Epstein, Jeffrey E (1953- ) Federal Reserve System Feinstein, Dianne Food and Drug Administration Goldman Sachs Group Inc House of Representatives internal-storyline-no Jassy, Andrew R JPMorgan Chase & Company Louis Vuitton LVMH Moet Hennessy Louis Vuitton SA Ma, Jack Recession and Depression Silicon Valley Bank SOFTBANK Corporation Son, Masayoshi Wells Fargo & Company

Earnings Season Arrives With Recession Fears Front and Center

Investors will be closely watching whether worries about an economic slowdown dent corporate profits, and lead to further layoffs.
Republicans Say Spending Is Fueling Inflation. The Fed Chair Disagrees.
Posted inBiden, Joseph R Jr Consumer Behavior Federal Budget (US) Federal Reserve System House of Representatives Inflation (Economics) Interest Rates Powell, Jerome H Republican Party Stimulus (Economic) Supply Chain United States Economy United States Politics and Government

Republicans Say Spending Is Fueling Inflation. The Fed Chair Disagrees.

Jerome H. Powell has said that snarled supply chains, an oil shock following Russia’s invasion of Ukraine and shifts among American consumers are primarily behind rapid price growth.
Double-Barreled Economic Threat Puts Congress on Edge
Posted inBanking and Financial Institutions Biden, Joseph R Jr Democratic Party Emergency Economic Stabilization Act (2008) Federal Budget (US) Federal Reserve System House of Representatives Inflation (Economics) Interest Rates Law and Legislation McCarthy, Kevin (1965- ) National Debt (US) Republican Party Schumer, Charles E Senate Shutdowns (Institutional) United States Economy United States Politics and Government

Double-Barreled Economic Threat Puts Congress on Edge

Republicans and Democrats disagree over how recent bank closures should impact the debt limit stalemate, and have taken divergent lessons from past economic crises.
D.C. and Congress Health Data Breach Affected More Than 56,000
Posted inComputers and the Internet Cyberattacks and Hackers DC Health Benefit Exchange Authority Health Insurance and Managed Care House of Representatives Identity Theft Senate United States Politics and Government Washington (DC)

D.C. and Congress Health Data Breach Affected More Than 56,000

The Social Security numbers and personal information of thousands of people, including some lawmakers, were stolen in a hack of a D.C. health marketplace disclosed this week.