A fourth straight quarter of robust results came on the back of high oil and natural gas prices.
Category: Stocks and Bonds
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Ford Lost Money in the Third Quarter as Costs Surged
The New York Times – Business:The automaker is struggling with supply chain problems and wrote off its investment in a self-driving technology business.
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Another Yield Curve Inversion Rings Recession Alarm Bells
The New York Times – Business:A so-called inverted yield curve between three-month and 10-year interest rates is considered by Wall Street as a reliable sign of an impending economic slump.
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The Week in Business: Liz Truss Concedes to the Markets
The New York Times – Business:Americans are combining leisure and business travel. Tech profits are slowing. And the deadline for Elon Musk to buy Twitter is coming up.
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Relentless Rise in Interest Rates Looms Over Another Volatile Week for Markets
The New York Times – Business:The 10-year U.S. Treasury yield, which underpins everything from mortgages to credit cards, was on course to rise for a twelfth consecutive week, matching the longest streak since 1984.
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Investing in the Shadow of a Recession
The New York Times – Business:Recessions come in many varieties. Any would bring pain, but if history is a guide, stocks and bonds are likely to rise eventually, our columnist says.
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Instacart Is Said to Pull Plans to Go Public This Year
The New York Times – Business:The food delivery company had been moving toward a public offering, but the window for such deals is shutting amid market turmoil.
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A Federal Reserve President Spoke at an Invite-Only, Off-Record Bank Client Event
The New York Times – Business:James Bullard, who leads the Federal Reserve Bank of St. Louis, appeared at a Citigroup forum last week in Washington. Reporters were not invited.