Category: United States

Stock Markets Bounce After a Week of Whiplash

The New York Times – Business:
The S&P 500 rose sharply in on Monday after resilient earnings at Bank of America and news of a radically revised tax plan in Britain.
China’s Leader Xi Hails His Rule as He Prepares to Expand Power

The New York Times – Business:
Xi Jinping is expected to secure a third term as leader during a pivotal meeting of the Communist Party, extending his authoritarian rule over the country.
With So Much Riding on the Fed’s Moves, It’s Hard to Know How to Invest

The New York Times – Business:
Where the markets go from here depends on whether and how deftly the Federal Reserve pivots from its hawkish stance.
Lessons From Liz Truss’s Handling of U.K. Inflation

The New York Times – Business:
The sharp policy U-turn by Liz Truss, Britain’s prime minister, reveals the perils of taking the wrong path in the fight against scalding inflation.
Robert Toll, Who Mass-Produced ‘McMansions,’ Is Dead at 81

The New York Times – Business:
He and his brother, Bruce, founded a home-building company that found suburbia fertile ground to make hundreds of millions of dollars with roomy dwellings.
I’m Young. Should I Care About Social Security?

The New York Times – Business:
One reason: You pay for it. And, despite what many Americans believe, it’s “definitely a misconception” that it will run out before you retire, experts say.
Kroger and Albertsons, Grocery Giants, Are Said to Be in Talks to Merge

The New York Times – Business:
A deal could be the industry’s largest in years and would almost certainly invite antitrust scrutiny from regulators.
2023 COLA Could Strain Social Security Program’s Solvency

The New York Times – Business:
The Social Security Old-Age and Survivors Insurance Trust Fund could be depleted a year or two earlier than expected as a result of larger payouts.
Takeaways From Another Painful CPI Inflation Report

The New York Times – Business:
Here’s what to know from the Consumer Price Index report for September.
Lufthansa Says Apple AirTags Are Once Again Allowed in Checked Bags

The New York Times – Travel:
The airline reversed itself Wednesday, saying it had consulted with German aviation authorities, who agreed that Bluetooth trackers were safe for passengers to use.
Lufthansa Says Passengers Can’t Use Apple AirTags to Track Checked Bags

The New York Times – Travel:
It appears to be the sole airline saying that international standards don’t allow passengers to use the Bluetooth devices in the cargo hold. Apple said that regulators allow their use for all baggage.
Pepsi Defies Fears of Slowdown with Strong Earnings and Forecast

The New York Times – Business:
Quarterly results provided a sign that shoppers continued to spend despite high inflation squeezing their wallets.