The cost cutting continues at Twitter. The S&P 500 had a bad 2022, and it’s not clear if 2023 will be better. The Labor Department will report jobs numbers for December.
Category: United States Economy
-
The Week in Business: Southwest’s Holiday Meltdown
The New York Times – Business: -
U.S. Pours Money Into Chips, but Even Soaring Spending Has Limits
The New York Times – Business:Amid a tech cold war with China, U.S. companies have pledged nearly $200 billion for chip manufacturing projects since early 2020. But the investments are not a silver bullet.
-
U.S. Pours Money Into Chips, but Even Soaring Spending Has Limits
The New York Times – Business:Amid a tech cold war with China, U.S. companies have pledged nearly $200 billion for chip manufacturing projects since early 2020. But the investments are not a silver bullet.
-
‘OK, Mexico, Save Me’: After China, This Is Where Globalization May Lead
The New York Times – Business:As American companies seek to limit their exposure to the pitfalls of making goods in China, some are moving production to Mexico.
-
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.
-
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.
-
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.
-
Google Employees Brace for a Cost-Cutting Drive as Anxiety Mounts
The New York Times – Business:The tech giant has so far taken steps to streamline without mass layoffs, but employees are girding for deeper cuts.
-
The Bull-and-Bear Case for 2023
The New York Times – Business:The S&P 500 is on pace for its first annual decline since 2018 and its worst performance since 2008. Will markets fall further next year?
-
Retirees Are One Reason the Fed Has Given Up on a Big Worker Rebound
The New York Times – Business:Workers are in short supply three years into the pandemic job market rebound, and officials increasingly think they aren’t coming back.
-
Consumer Spending Cooled in November as Closely Watched Inflation Gauge Slowed
The New York Times – Business:The Personal Consumption Expenditures index showed prices increased 5.5 percent last month, as consumer spending pulled back.