Lower-than-expected data on wholesale prices and resilient earnings from retailers were cheered by investors.
Category: United States Economy
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Stocks Jump on Hopes of Lower Inflation
The New York Times – Business: -
The Week in Business: Mass Layoffs at Meta
The New York Times – Business:Inflation showed signs of easing, cheering investors who hope the Fed will slow its aggressive rate increases. And one of the biggest crypto exchanges collapsed.
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Yellen Calls for ‘Stabilizing’ U.S. Relations With China Ahead of G20
The New York Times – Business:The Treasury secretary said in an interview that the United States was not trying to “paralyze China’s economy and stop its development.”
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Markets Edge Higher at End of a Strong Week
The New York Times – Business:Signs of China easing its pandemic restrictions appeared to bolster stocks, adding to investors’ bullishness about cooling inflation in the United States.
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An Inflation-Driven Midterm Will Not Change Biden’s Economic Focus
The New York Times – Business:The president said he would not change his economic approach, adding that his policies were working.
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Biden Touts Cooling Inflation, Citing Economic Policies
The New York Times – Business:The president took credit for signs that rapid price rises were moderating, after spending months on the defensive about his handling of the economy.
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Takeaways From a Hopeful Inflation Report
The New York Times – Business:The Consumer Price Index in October showed that inflation remained rapid, but there were some hopeful signs under the surface.
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Disney+ Adds 12 Million Subscribers, Beating Expectations
The New York Times – Business:The confidence generated by the subscriber growth was offset by widening financial losses for the company’s direct-to-consumer division over all.
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Inflation Plagues Democrats in Polling. Will It Crush Them at the Ballot Box?
The New York Times – Business:Americans are extremely attuned to the cost of living, and as midterm election voters head to the polls, they are divided over whom to blame.
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C.E.O.s Are Talking More About Recession
The New York Times – Business:The possibility of an economic slowdown has been a hot topic during the latest batch of quarterly earnings conference calls.