Like other in-person workers, Santa took a hit the first two years of the pandemic. But he’s back in a big way.
Category: United States Economy
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It’s Boom Times for Santa
The New York Times – Business: -
For Many Wall Street Bankers, This Year’s Bonus Season Is a Bust
The New York Times – Business:There were fewer mergers and public listings this year, shrinking investment banking revenue. For bankers, that means a smaller pot of money for bonuses.
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S&P and Stocks: Markets Fall on Strong Economic Data
The New York Times – Business:Two new economic reports on Thursday fanned fears that the Federal Reserve might need to go further in its aggressive fight against inflation.
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Sam Bankman-Fried, FTX’s Co-Founder, Is Increasingly Alone
The New York Times – Business:Decisions by two senior associates to cooperate with government prosecutors raise the legal heat on the fallen crypto mogul.
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Why It’s Hard to Predict What the Economy Will Look Like in 2023
The New York Times – Business:Years into the pandemic, it is still difficult to get a handle on what comes next for the economy by looking at examples from the past.
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The Week in Business: The FTX Founder’s Rapid Fall
The New York Times – Business:Elon Musk suspends several journalists’ Twitter accounts, then reinstates them. The Fed is continuing to raise interest rates. And inflation is affecting the mind-set of holiday shoppers.
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Markets Extend Losses at End of Jittery Week
The New York Times – Business:Wall Street has been wary of the effects that central bankers’ determination to fight inflation could have on the economy.
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Forget Stock Predictions for Next Year. Focus on the Next Decade.
The New York Times – Business:Wall Street’s market forecasts for 2023 are worthless, our columnist says. But the long view is much clearer.
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Hardship 401(k) Withdrawals, Explained
The New York Times – Business:Most employers allow you to take funds out of your retirement account, but the withdrawals come with significant downsides. Our columnist discusses other options.
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Markets Drop as Investors Fear the Effects of Higher Rates
The New York Times – Business:Central bankers around the world have pledged to continue raising interest rates even as economies slow.
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The Federal Reserve signals more to come even as it slows rate increases.
The New York Times – Business:Central bankers made a smaller rate move, but predicted that they will weigh the economy down more aggressively than previously expected